Meiji Yasuda Boosts Man Group Funds
Japanese insurer Meiji Yasuda plans to increase its capital commitment to Man Groups private-credit funds to 1.3 billion dollars. The firm is also considering a five percent equity stake in the British group as part of its ongoing expansion.
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Japan's Meiji Yasuda will raise its private-credit commitment to MAN GROUP PLC/JERSEY to 200 billion yen ($1.3B) and could acquire a 5% equity stake in the United Kingdom firm, the companies said on Monday morning.
