The fund primarily invests in Japanese startups that are 4-5 years old, with a focus on industries such as space travel and management consulting. It typically participates in investment rounds with 4-5 other investors and has notable portfolio companies like Mercari and Raksul. The fund has a higher than average exit rate and has been active since 2008. It often co-invests with other firms like Globis Capital Partners and Global Brain Corporation. The Development Bank of Japan is a significant sponsor for the fund, and it has a preference for startups valued between $500 million and $1 billion.