Private Equity

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Hokkaido Research Institute for the Twenty-first Century

Hokkaido Research Institute for the Twenty-first Century is a Japanese think tank focused on policy research in Japan. The organization has made 11...

Hokkaido Research Institute for the Twenty-first Century logo

Hokkaido Research Institute for the Twenty-first Century

Hokkaido Research Institute for the Twenty-first Century is a Japanese think tank focused on policy research in Japan. The organization has made 11 investments, including a Series E investment in Interstellar Technologies on August 05, 2024. It has one portfolio exit, Kitalive, which occurred on September 28, 2022.

General information

Firm type

Private Equity

Year founded

1973

Location

Region

Asia

Country

Japan

City

Sapporo

Corporate office

Sapporo, Hokkaido, Japan

Frequently asked questions

Is HRI structured as a private equity fund or something else?

It is structured as a research institute with investment authority, a model used in Japan to combine policy analysis with capital deployment. This gives it a flexible holding period and removes the pressure of a standard 10-year fund life, though it also means limited partner relationships and return benchmarks are not disclosed in the same manner as a commercial GP.

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