JBIC IG Partners

Name

JBIC IG Partners

Legal name

株式会社JBIC IG Partners

Website

https://jbicig.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Investment Management & Advisory

NAICS

Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Private Sector & Blended Finance Arms (IFC-type) (BPADACAJ)

akta.pro secondary industries

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), ESG Integration / Responsible Investment Funds (Broad ESG) (FSANAJAL)

Keywords

• Investment advisory services
• Fund management
• Cross-border investments
• Venture capital funds
• Private equity advisory

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others, Technology or R&D, Marketing or Sales

Revenue model

1. Fund Management Fees: Revenue generated through management fees from overseeing various overseas investment funds including NordicNinja Fund II SCSp, India-Japan Fund, ff Red & White, and Russia-Japan Investment Fund
2. Investment Advisory Services: Provides investment advisory and agency business services as a registered Type II Financial Instruments Business operator. Services targeted to specific investors (金融商品取引法2条31項) for investment advisory and second-type financial instruments business.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

JBIC IG Partners is a registered Type II Financial Instruments Business operator and Investment Advisory firm that manages and provides investment counsel to overseas investment funds, including NordicNinja Fund II SCSp (Northern Europe), India-Japan Fund, ff Red & White (Central and Eastern Europe), and the former Russia-Japan Investment Fund. The firm invests in venture, growth, and buyout opportunities on behalf of institutional clients and supports Japanese corporations seeking overseas expansion through co-investment structures.

Product overview

JBIC IG Partners is a Japanese financial instruments and investment advisory firm. Its primary offerings are fund management and investment advisory services delivered through multiple overseas investment funds. Core funds include: NordicNinja Fund II SCSp (a successor to JB Nordic Fund I, specializing in sustainability x digital startups in Northern Europe, co-managed with AS BaltCap and advised by NordicNinja VC); the India-Japan Fund (a fund managed by NIIFL in collaboration with JBIC IG Partners, targeting Indian market investments); JB Nordic Fund I (targeting Nordic and Baltic region startups); ff Red & White (targeting Central and Eastern European startups, co-managed with ff Venture Capital); and the Russia-Japan Investment Fund (RJIF). The firm also publishes thematic research reports such as the Nordic-Baltic Digital Innovation and Social Reform report.

Differentiator

Problem solved

Functional benefit

Brands

• NordicNinja Fund II SCSp: Venture capital fund specializing in sustainability x digital investments in Northern Europe
• India-Japan Fund (IJF)
• Russia-Japan Investment Fund (RJIF)
• ff Red & White

Products and services

• NordicNinja Fund II SCSp Venture capital fund specializing in sustainability and digital sector investments in Northern Europe (Nordic and Baltic region), targeted at institutional investors and Japanese corporations seeking overseas exposure.
• India-Japan Fund (IJF) Bilateral investment fund between Japan and India, co-managed with NIIFL, making equity investments in Indian companies across venture, growth, and buyout stages.
• ff Red & White Venture capital fund targeting startups in the Central and Eastern Europe region, co-managed with ff Venture Capital and advised by a Poland-based advisor.
• JB Nordic Fund I Predecessor venture capital fund targeting Nordic and Baltic region startups, jointly established with AS BaltCap. Now succeeded by NordicNinja Fund II SCSp.
• Russia-Japan Investment Fund (RJIF) Bilateral Russia-Japan investment fund operated in cooperation with RDIF, co-investing in Russian ventures across energy infrastructure, pharmaceuticals, banking, and healthcare.
• Investment Advisory and Agency Services (Type II Financial Instruments Business) Investment advisory and agency services provided as a registered Type II Financial Instruments Business operator to specific investors (qualified institutional investors and similar counterparties).

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and major.

• National Investment and Infrastructure Fund Limited (NIIFL)coreStrategic or Co-development Partner · 4 October 2023NIIFL is India's collaborative investment platform for international and Indian investors, anchored by the Government of India. JBIC IG Partners collaborates with NIIFL to manage the India-Japan Fund, which makes investments in Indian companies. The fund completed its first investment in Mahindra Last Mile Mobility in February 2024 and EKA Mobility in October 2025.
• NordicNinja VC LimitedcoreStrategic or Co-development Partner · 13 September 2023NordicNinja VC Limited (registered name: NordicNinja VC, formerly JB Nordic Ventures Oy) is a UK-based venture capital firm affiliated with JBIC IG Partners. It serves as the advisor to NordicNinja Fund II SCSp, a successor fund to JB Nordic Fund specializing in 'sustainability x digital' sector investments in Northern Europe.
• ff Venture CapitalmajorStrategic or Co-development Partner · 2 June 2023ff Venture Capital is a US and Poland-based venture capital firm. JBIC IG Partners and ff Venture Capital jointly launched ff Red & White, a new venture capital fund targeting startups in Central and Eastern Europe (CEE). The fund is advised by ff Red & White Ventures sp. z o.o., a newly-established Poland-based advisory company. Final closing was completed on January 30, 2025.
• AS BaltCapcoreStrategic or Co-development Partner · 15 January 2019BaltCap is the leading private equity and venture capital firm in the Baltic region. JBIC IG Partners and AS BaltCap jointly established JB Nordic Fund I and its successor NordicNinja Fund II SCSp to invest in startups in the Nordic and Baltic region. The fund is advised by NordicNinja VC Limited (JB Nordic Ventures Oy).

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• ff Venture Capital: US/Poland-based VC firm that co-manages ff Red & White with JBIC IG Partners for Central and Eastern European investments. Comparable as a venture-stage cross-border fund manager with regional specialization.
• SBI Holdings: Japanese financial conglomerate with significant cross-border PE/VC operations across Asia and Europe. Comparable in operating overseas fund vehicles with Japanese institutional backing, though much larger and more diversified.
• Japan Investment Corporation (JIC): Japanese government-affiliated PE/VC fund of funds that invests in growth and venture capital. Directly comparable as a state-backed Japanese investment institution operating in cross-border and domestic PE/VC, with similar policy-backed mandate.
• Industrial Growth Platform, Inc. (IGPI): 49% parent of JBIC IG Partners and a Japanese investment and consulting firm that operates cross-border funds. Highly comparable as a Japanese-anchored investment platform with government-affiliated capital and overseas expansion focus.
• Daiwa Corporate Investment: Japanese PE firm affiliated with Daiwa Securities Group that manages domestic and overseas funds. Directly comparable as a Japan-based fund manager with cross-border deal flow and institutional capital sourcing.

Regional players

• BaltCap: Leading Baltic PE/VC firm that co-manages NordicNinja Fund II with JBIC IG Partners. Comparable as a regional fund manager in the Nordic/Baltic area with a JV relationship that mirrors JBIC IG Partners' partnership model.
• National Investment and Infrastructure Fund (NIIFL): India's government-anchored collaborative investment platform that co-manages the India-Japan Fund with JBIC IG Partners. Comparable as a sovereign-affiliated investment platform that partners with foreign capital, though focused on Indian market deployment.

Broad incumbents

• Development Bank of Japan (DBJ): Major Japanese policy bank that has expanded into PE and fund-of-funds activities. Comparable as a larger, established state-affiliated financial institution with overseas investment capabilities, though operating on a much broader scale than JBIC IG Partners.
• Mitsubishi UFJ Capital (MUCAP): PE arm of Mitsubishi UFJ Financial Group, one of Japan's largest banks. Comparable as a Japanese banking-affiliated PE platform that deploys capital domestically and overseas, though with substantially broader resources and balance sheet.

Emerging players

• NordicNinja VC: UK-based VC advisor affiliated with JBIC IG Partners, advising NordicNinja Fund II on sustainability x digital investments in Northern Europe. Comparable as a thematic, geographically-focused VC manager with Japan-linked capital.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key highlights6 records

Customer concentration

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• LinkedInlinkedin.com/company/jbicig

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about JBIC IG Partners