MUFG Morgan Stanley Credit Solutions Co. was created to serve Japan’s unique credit needs.
MUFG Morgan Stanley Credit Solutions Co. was recently launched by Mitsubishi UFJ Financial Group (MUFG) and Mitsubishi UFJ Morgan Stanley Securities Co. (MUMSS), in an effort to offer unique credit solutions to meet the changing financing needs of Japan, officials say.
MUFG Morgan Stanley Credit Solutions Co., a subsidiary of MUFG and MUMSS, will serve a variety of clients’ needs, “including companies and funds leading growth and structural reform in Japanese industry. It will also offer financing in the ESG, GX (green transformation), and transition sectors, which address important issues for society,” according to the announcement.
The new subsidiary, officially announced in February, stems from MUFG and Morgan Stanley’s Alliance 2.0, a continuation of a global strategic alliance begun in 2008. The revamped alliance, signed July 18, 2023, bolsters collaboration between both firms for the next decade and beyond. “The cornerstone of Alliance 2.0 is enhanced collaboration across critical client-facing businesses,” officials say.
“The market for private credit has been expanding, particularly in Europe and the United States, and is an alternative investment sector that has attracted attention in recent years,” according to the announcement. “Japan’s private credit market is considered to have high potential as both a new alternative financing option to traditional syndicated bank loans, and as a new alternative asset class for investment and financing for investors.”
One of the world’s leading financial groups, MFUG is headquartered in Tokyo and has a global network with approximately 2,000 locations in more than 40 countries, according to officials. MFUG has approximately 140,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.