Development Bank of Japan Inc. ("DBJ") has signed an agreement to invest in Seviora T3F Feeder Fund LP, which is managed by Seviora Capital Pte Ltd ("Seviora Capital"; Chief Executive Officer, Jimmy Phoon).
Seviora Capital is established as an asset management company that is an indirect wholly-owned subsidiary of Temasek Holdings (Private) Limited ("Temasek"), which is an investment company whose sole shareholder is the Singapore Minister for Finance. The investment scope of Seviora T3F Feeder Fund LP is agriculture and food technology in the APAC region, and Seviora Capital aims to contribute to sustainability of the food and agriculture sector by leveraging the sector knowledge and network of Temasek (e.g., optimizing the value chain of the sector or adapting to changing consumer demand in the region).
Through its investment in Seviora T3F Feeder Fund LP, DBJ intends to gain advanced know-how to solve food and agriculture issues, fostering further contributions to the industry's next phase of growth.
Applying its corporate philosophy--"Design the future with financial expertise: Continue to expand financial frontiers; Provide the best solutions for customers and society; Pursue sustainable development for Japan and the world"--DBJ will continue to create diverse financial solutions to actively support further development of the food and agriculture industries in Japan.
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Corporate Finance Department, Division 3
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