Japan's Mizuho to acquire US private equity agent Capstone: Report

Mizuho Financial Group plans to acquire U.S. private equity placement agent Capstone Partners, a person familiar with the matter said, as the Japanese lender looks to beef up its investment banking business.

Dallas, Texas-based Capstone helps private equity firms find limited partners to invest in their funds, helping raise capital for global private equity, credit, and infrastructure firms.

Following the acquisition, Capstone will come under Mizuho's holding company in the United States, where it is expected to help build out the Japanese bank's investment banking business, the person said, declining to be identified because the information has not been made public.

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