JIC makes LP investment in General Atlantic Investment Partners 2025, L.P.

Tokyo, May 19, 2026 – Japan Investment Corporation (“JIC”) has announcedits decision to make an LP investment of USD50 million in General Atlantic Investment Partners 2025, L.P. (“GA2025”), which is advised by General Atlantic Service Company, L.P. (“GA”).

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(1)  About GA2025

GA provides capital and strategic support to growth-stage companies around theworld for more than 46 years, and through investments in more than 545 growth-stagecompanies, it has supported the development of many globalleaders. The firm also has a track record of investing in Japanese startups andcontinues to increase its interest in opportunities to invest in Japan’s growth companies.

 

＜GA2025＞

Name： General Atlantic Investment Partners 2025, L.P.
Established：      March 2025
Termination Date：December 31, 2038
GP：                   General Atlantic GP 2025, LLC

　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　

＜Overview of GA＞

Name： General Atlantic Service Company, L.P.
Established：      1980
Location：           USA (New York, Miami, Stamford, andSan Francisco), Mexico City,
                            UK (London), Amsterdam,Munich, Israel (Tel Aviv), Abu Dhabi, Riyadh,
                            Mumbai, Brazil (SãoPaulo), Singapore, Hong Kong, Tokyo
Representative    ：Chairman and Chief Executive Officer William E. Ford

 

(2) Reasonfor Investment　

Domestic marketchallenges:

・Support for growth-stageand overseas expansion to foster unicorns：‍

To fosterunicorns, long-term and large-scale risk capital is required, particularly atthe growth stage. In addition, as startups expand overseas—an essential stepfor their growth—they face various challenges, including adapting to differentregulations and business practices in each country or region. This requiresdeep expertise and know-how to handle these issues.

・Connecting domesticplayers with global networks：

Tosupport the creation of global unicorns, it is important to connect overseasnetworks with domestic VCs and the domestic ecosystem, enabling the developmentof appropriate capital strategies and organizational structures as they plan toexpand overseas.

・Attracting riskcapital from overseas investors into the domestic VC market：

To fosterglobally competitive and sustainably growing global unicorns, a steady supplyof long-term and large-scale risk capital is essential.

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Expected impact ofthis investment:

・Fosteringunicorns through collaboration with overseas funds：

By working with GA tohelp create investment opportunities for domestic startups, JIC’s capital willhelp support companies in the growth stage. In addition, through its investmentin the Fund and by leveraging GA’s expertise in supporting growth-stagemanagement and overseas expansion of domestic startups, JIC seeks to contributeto the creation of unicorns.

 

・Developingthe domestic ecosystem through connections with global networks：

Through dialogue andcollaboration with domestic VCs and startups, JIC and GA will work together to connectdomestic businesses with overseas networks. This is intended to providedomestic startups with the knowledge required for overseas expansion and toenhance the ability of domestic VCs to support them.

 

・Attractingrisk capital from overseas investors into the domestic VC market：

Through thisinvestment, JIC aims to introduce co-investment opportunities with domestic VCsand encourage GA to consider investments in Japanese startups. JIC also expectsthat this will increase interest from other overseas investors in theJapanese startup market, ultimately expanding the supply of risk capital.

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About Japan Investment Corporation (JIC)

Japan InvestmentCorporation (“JIC”) was established in September 2018 under the IndustrialCompetitiveness Enhancement Act. JIC’s investment focus areas are creating avirtuous cycle of domestic investment and innovation; creating and fosteringstartups; leveraging promising untapped management resources lying dormant inlocal areas, including startups from academia and medium-sized companies; andpromoting business restructuring in response to changes in market and businessenvironments. JIC provides risk capital to these areas through fundsindependently established by JIC and LP investment in private funds to promoteopen innovation in Japan, strengthen the competitiveness of Japanese industries,and contribute to expansion of Japan’s investment ecosystem.

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