MUFG’s core banking subsidiary MUFG Bank has announced the signing of a limited partner agreement between general partner Mars Growth Capital Pte. Ltd. (Mars Growth Capital) and limited partner MUFG Bank, with the purpose of establishing a new debt fund (Fund 2) in January 2022. MUFG Bank and Liquidity Capital M.C. (Liquidity Capital), an Israeli fintech company, entered into a joint venture agreement in August 2020 and launched their first debt fund (Fund 1), which has been providing debt financing for 15 middle-stage startup companies. MUFG Bank’s commitment to Fund 2 is USD 300 million, and the fund provides debt financing to later-stage pre-unicorn and unicorn companies which aim to go public in the near future. Since its establishment in January 2022, Fund 2 has already provided debt financing for two pre-unicorn and unicorn companies.