Ex-Goldman’s Kathy Matsui Starts ESG Venture Capital Fund

Yoshiaki Nohara and Isabel Reynolds

May 31, 2021, 4:08 PM·1 min read

Oops!
Something went wrong.
Please try again later.

(Bloomberg) -- Kathy Matsui, former vice chair of Goldman Sachs Japan, launched a venture capital fund to help startups enhance environmental, social and governance values.

MPower Partners Fund will focus on investing in growth- to late-stage Japanese startups, with the rest going into earlier-stage firms overseas in areas like healthcare, fintech and sustainability, according to a statement Monday. The fund’s investors so far include Dai-ichi Life Insurance Co., Sompo Holdings and Sumitomo Mitsui Trust Bank, and it aims to attract $150 million in capital commitments.

Matsui retired at the end of last year from Goldman Sachs, where she was known for her so-called womenomics research that influenced government policy on female labor participation.

Matsui is a general partner in the fund, along with Yumiko Murakami, a former head of the OECD Tokyo Centre who spent 20 years working for Goldman Sachs and Credit Suisse, and Miwa Seki, who teaches at a university after a career in portfolio management and investment banking. Eriko Suzuki, who has worked for Morgan Stanley and UBS Securities, serves as managing director.

(Adds details about the fund’s staff.)

More stories like this are available on bloomberg.com

Subscribe now to stay ahead with the most trusted business news source.

Motley Fool
3 Top Stocks to Recession-Proof Your Portfolio
Some investments have all-weather appeal. You're going to want to own these three stocks when it rains.
14h ago
TechCrunch
Intel announces two new 11th-gen chips and a 5G M.2 laptop module at Computex
Intel kicked off this year’s virtual Computex by announcing two new 11th Gen U-Series chips for use in thin, lightweight laptops. It also unveiled its first 5G M.2 module for laptops, designed in a partnership with MediaTek (Intel sold its smartphone modem business to Apple in 2019). Both of Intel’s new chips have Intel Irix Xe graphics.
4h ago
Investor's Business Daily
GM, Magna Lead Five Stocks In Buy Range Now
General Motors, GM supplier Magna, Textainer, TransDigm and Airbus are top transportation stocks in buy range.
2d ago
Reuters
Belarus airline chief decries airspace restrictions by EU states
The head of Belarusian national airline Belavia on Saturday condemned as "despicable" the decision by numerous EU countries to impose airspace restrictions on the carrier following the forced landing of a passenger jet in Minsk. Most of Belarus's neighbours and many other European nations have banned Belavia flights amid outrage over Sunday's forced landing of a Ryanair jet en route to Lithuania from Greece and the arrest of a dissident journalist on board.
2d ago
Associated Press
Thailand reports record virus cases; Bangkok eases lockdown
Thailand reported a record number of new coronavirus cases on Monday as the governor of Bangkok announced an easing of some restrictions in effect for more than a month — including people visiting parks for exercise. Thailand has been fighting to deal with a virus surge that began in early April in a group of nightclubs in Bangkok and has since spread around the country. The Center for COVID-19 Situation Administration reported a record 5,485 new cases, of which 1,953 were in prisons.
26m ago
The Independent
‘They’re destroying our country’: Trump blasts Biden on handling of border decisions
‘All he had to do is nothing,’ Mr Trump tells Newsmax
34m ago
The Independent
US should have coup like Myanmar, former Trump advisor Michael Flynn tells QAnon conference in Texas
The video circulating on Twitter shows the crowd cheering the suggestion of a coup in the US
56m ago
The Independent
Yellowstone: Woman charged at by grizzly bear after approaching animal and its cubs
Rangers attempt to trace park visitor after rule prohibiting people from coming within 100 yards of grizzlies apparently broken
2h ago
Reuters
Beijing's Hong Kong office slams intimidation of judge in tycoon Jimmy Lai's case
Beijing's office that oversees matters in Hong Kong has warned of threats made to a judge who sentenced media tycoon Jimmy Lai and other democracy activists for their roles in an unauthorised assembly on Oct. 1, 2019. A representative for the Hong Kong and Macau Affairs Office (HKMAO) said the presiding judge had received threatening phone calls, which the office said would not be tolerated. "This is a serious threat to the personal safety of judges, a flagrant challenge to the judicial system in Hong Kong and a gross violation of the rule of law and order in Hong Kong," Xinhua quoted a statement by HKMAO as saying late on Sunday.
6h ago
Business Insider
Former Trump advisor Michael Flynn said the US should have a coup like Myanmar, where the military overthrew the democratically elected government
At a QAnon conference in Dallas, an attendee asked Flynn about the coup in Myanmar, where hundreds of civilians have been killed by the military.
8h ago
Business Insider
Nikki Haley called VP Kamala Harris 'unprofessional and unfit' for telling people to 'enjoy the long weekend'
Haley appeared to take issue with Harris not tweeting about the meaning of Memorial Day, which the VP did the next day. Haley has not as of Sunday.
6h ago
The Independent
Miami club shooting: 100 bullets unleashed on crowd standing outside birthday party concert
‘This is targeted. This is definitely not random,’ Ramirez said
1h ago
Fort Worth Star-Telegram
The unbearable genius of Rajon Rondo, and the city that will never forget or forgive
Six years after donning a Dallas Mavericks’ jersey, the Los Angeles Clippers’ point guard is still proving to be a thorn for all who rep Big D.
2h ago
Business Insider
A soldier who photographed World War II in Europe describes 6 of his photos that reveal the 'insanity of war'
After nearly 80 years and more than a half-million photos, Tony Vaccaro still vividly remembers the pictures he broke US Army rules to take.
11h ago
Fort Worth Star-Telegram
Jordan Spieth contending was a win for the Colonial, but something was off
The 2021 version of the Charles Schwab Challenge felt normal, save for the absence of the late Susan Nix.
11h ago
Associated Press
North accuses US of hostility for S. Korean missile decision
North Korea said Monday the U.S. allowing South Korea to build more powerful missiles was an example of the U.S.’s hostile policy against the North, warning that it could lead to an “acute and instable situation” on the Korean Peninsula. It’s North Korea’s first response to the May 21 summit between the leaders of the United States and South Korea, during which the U.S. ended decades-long restrictions that capped South Korea’s missile development and allowed its ally to develop weapons with unlimited ranges.
9h ago
The State
Yes, your employer can require you to get a COVID vaccine. Here are the updated rules
The Equal Employment Opportunity Commission says employers can require workers to get the COVID-19 vaccine to physically enter the workplace — with few exceptions.
15h ago
Associated Press
Canada lowers flags after discovery of bodies at school site
Canadian Prime Minister Justin Trudeau asked Sunday that flags at all federal buildings be flown at half-staff to honor more than 200 children whose remains have been found buried at what was once Canada’s largest Indigenous residential school — one of the institutions that held children taken from families across the nation. The Peace Tower flag on Parliament Hill in the nation's capital of Ottawa was among those lowered to half-staff. “To honor the 215 children whose lives were taken at the former Kamloops residential school and all Indigenous children who never made it home, the survivors, and their families, I have asked that the Peace Tower and all federal buildings be flown at half-mast,” Trudeau tweeted.
15h ago
Associated Press
Down Under leaders minimize China spilt, urge virus probe
The leaders of New Zealand and Australia downplayed their differences over China and urged more investigation into the origins of the coronavirus Monday after their first face-to-face meeting in more than a year. The two leaders also indicated an Australian-born mass murderer would remain imprisoned in New Zealand. Australian Prime Minister Scott Morrison met with his New Zealand counterpart Jacinda Ardern in the tourist resort of Queenstown.
2h ago
INSIDER
A Black woman in Michigan was issued a $385 ticket after her new neighbor called the police on her for loudly talking on a cellphone
Diamond Robinson said she believes her neighbor targeted her because she is Black. "There's no way police should be called on me when I am on my own property."
17h ago

Ex-Goldman’s Kathy Matsui Starts ESG Venture Capital Fund

Recommended Stories

3 Top Stocks to Recession-Proof Your Portfolio

Intel announces two new 11th-gen chips and a 5G M.2 laptop module at Computex

GM, Magna Lead Five Stocks In Buy Range Now

Belarus airline chief decries airspace restrictions by EU states

Thailand reports record virus cases; Bangkok eases lockdown

‘They’re destroying our country’: Trump blasts Biden on handling of border decisions

US should have coup like Myanmar, former Trump advisor Michael Flynn tells QAnon conference in Texas

Yellowstone: Woman charged at by grizzly bear after approaching animal and its cubs

Beijing's Hong Kong office slams intimidation of judge in tycoon Jimmy Lai's case

Former Trump advisor Michael Flynn said the US should have a coup like Myanmar, where the military overthrew the democratically elected government

Nikki Haley called VP Kamala Harris 'unprofessional and unfit' for telling people to 'enjoy the long weekend'

Miami club shooting: 100 bullets unleashed on crowd standing outside birthday party concert

The unbearable genius of Rajon Rondo, and the city that will never forget or forgive

A soldier who photographed World War II in Europe describes 6 of his photos that reveal the 'insanity of war'

Jordan Spieth contending was a win for the Colonial, but something was off

North accuses US of hostility for S. Korean missile decision

Yes, your employer can require you to get a COVID vaccine. Here are the updated rules

Canada lowers flags after discovery of bodies at school site

Down Under leaders minimize China spilt, urge virus probe

A Black woman in Michigan was issued a $385 ticket after her new neighbor called the police on her for loudly talking on a cellphone

Sustainability and societal changes spur a generation of conscious UK investors

Shield Secures $2M Funding, with A&T Capital and Hashkey Capital Leading the Round

Venture capital firms invest in "diversity riders"

Life might feel more certain this summer, but betting on a calm stock market still could go wrong

Live Ventures (NASDAQ:LIVE) Is Investing Its Capital With Increasing Efficiency