mobcast and Lun Partners Cooperation on Animation IP Fund

On November 10, 2016, mobcast (Stock Code: 3664) released the financial report of the first three quarters of 2016 and held a statement conference in Tokyo that announced the company’s progression of Japanese animation IP acquisition program.

In the conference, mobcast announced the cooperation with Shanghai based investment management company LUN Partners. The two parties are planning to set up a joint venture company and jointly set up a “JP IP GLOBAL ASIA FUND” that focuses on Japanese animation IP. The fund size is expected to be 3 billion -5 billion yen, investment field includes Japanese animation IP game rights, the animation production committee and IP game development projects.

“mobcast is planning to set up a joint venture with Lun Partners this year.” Said Kenja, CEO of mobcast.

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