Affirma Capital cuts first deal in Japan, invests $38.5m in tax-free retail chain JTC

Affirma Capital cuts first deal in Japan, invests $38.5m in tax-free retail chain JTC

JTC

Singapore-based private equity firm Affirma Capital has invested $38.5 million in Japan-based, Korea-listed tax-free retail chain operator JTC Inc for a 30.1% stake.