Mizuho to Buy Capstone Partners to Bolster Sponsors Group (2)

Mizuho Financial Group Inc., the large Japanese bank, has agreed to buy U.S.-based Capstone Partners to expand in the business of helping private equity firms raise funds.

Mizuho Americas, the firm’s stateside subsidiary, is paying an undisclosed amount for Capstone, according to a statement obtained by Bloomberg News. The deal is slated to be completed in the first half of the year.

The acquisition will help grow the bank’s list of financial sponsors and bolster its capital-raising efforts. The business will be aided by Capstone’s network of more than 1,500 limited partners across the U.S., Europe and Asia.

“Financial ...