As banks' financing capacity slims, more companies turn to nonbank lending
Private credit funds are becoming more important sources of capital in Japan as banks near their lending capacity. (Nikkei montage/Source photos by Yoshiharu Okanishi and Akira Kodaka)
SHOGO FURUTA
October 20, 2026 18:29 JST
TOKYO -- Japanese investment fund Polaris Capital Group is set, by the end of fiscal 2026 at the earliest, to launch a private credit fund that will be one of the largest in the country, aiming to raise about 100 billion yen ($630 million) in capital from institutional investors, including life insurers and pension funds, Nikkei has learned.