News

2025.04.03

D Capital Closes Oversubscribed D Capital II Series Funds at ¥67 Billion

D Capital, Inc. ("D Capital"), a Japanese lower middle-market private equity firm, is pleased to announce the final closing of its second series of funds, D Capital II Series Funds (the “Fund II Series”).  With the support of many institutional investors from Japan and overseas, the Fund II Series closed at its hard cap of ¥67B/approx. $445M.

Established in 2021, D Capital is a private equity firm focused on 'Digital Transformation (DX) x Buyout.'  D Capital’s emphasis on digitalization is highlighted by a deep network of in-house and external digital professionals, offering unique capabilities in software engineering, data analytics, and business design. This approach allows D Capital to create advantages for the portfolio companies of the funds it manages, serves and/or advises across differentiated origination channels to post-investment value-add.

Under the purpose of "Connecting people, technology, and capital to inspire society," the funds managed, served and/or advised by D Capital support small and medium-sized enterprises (SMEs) in Japan by utilizing DX.  In serving the Fund II Series, D Capital will reinforce its collaboration with the D Capital expert team, the "DX Guild," to further enhance the strengthening of management foundations and value creation through the use of data and technology. The DX Guild is comprised of approximately 40 noted professionals in the fields of business, data science, and engineering. Leveraging this network, D Capital provides hands-on support for the growth of the portfolio companies of the funds it manages, serves and/or advises by integrating insights across industries.

“We would like to express our sincere gratitude for the significant support received from many institutional investors and advisors both domestically and internationally in the establishment of our second fund series, the D Capital II Series Funds. We look forward to continuing to connect people, technology, and capital to promote the growth of small and medium-sized enterprises in Japan,” said the Partners at D Capital.

For inquiries regarding this matter, please contact us at the following:

Contact for inquiries:
D Capital, Inc.
info@dcapital.jp

This press release is intended solely to provide information about the establishment and completion of fundraising for the D Capital II Series Funds and does not constitute an invitation to engage in specific transactions or an offer to sell or a solicitation of an offer to purchase interests in the Fund II Series.