CLSA Capital Partners Buys Japan-Based Rise Consulting Group
Posted on 12/29/2020
CLSA Ltd. (formerly known as Credit Lyonnais Securities Asia) is a Hong Kong-based investment company that is owned by CITIC Securities Company Limited. On July 31, 2013, CITIC Securities acquired the remaining 80.1% of CLSA from Crédit Agricole. In 2003, Crédit Agricole had sold a 19.9% stake in CLSA to CITIC Securities.
CLSA Capital Partners, the alternative asset management unit of CLSA, has acquired a majority stake in Japanese technology consultancy Rise Consulting Group, Inc. Rise Consulting primarily provides consulting services on technologies, including artificial intelligence and internet of things. CLSA Capital Partners acquired the company through Sunrise Capital, its 14-year-old US$ 1.5 billion Japan-dedicated private equity fund.
