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8591 Orix News Story

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Brief: Orix To Launch Private Equity Fund With Qatar Investment Authority, Nikkei Reports

TOKYO, Nov 11 (Reuters) - Japanese financial services firm Orix 8591.T is teaming up with the Qatari sovereign wealth fund to launch a Japan-focused private-equity buyout fund that may total over 1 trillion yen  ($6.63 billion) in size, the Nikkei daily reported on Tuesday.

Orix will hold a 60% stake and the Qatar Investment Agency a 40% stake in the newly established fund management company, the Nikkei said.

($1 = 150.7800 yen)

 (Reporting by Anton Bridge; Editing by Christian Schmollinger)

 ((Anton.Bridge@thomsonreuters.com;))

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