History
In 2000, Trust Capital was founded as a venture capital fund. In 2004, Trust Capital started a mezzanine capital fund which grew with the domestic buyout market to become the core business of Trust Capital. In 2005, Trust Capital provided a mezzanine capital for the MBO of World Co., Ltd., which was the largest MBO transaction in Japan at the time. In 2007 Trust Capital started inviting external investors, such as pension plans and blue chip companies. Trust Capital established its first mega solar fund in 2014.
| Mar, 2000 | Sanshin Capital (predecessor firm of SMTC) was founded as a wholly-owned subsidiary of Mitsui Trust & Banking (predecessor of Sumitomo Mitsui Trust Bank) and started a venture capital fund |
|---|---|
| Apr, 2000 | Mitsui Trust & Banking merged with Chuo Trust Bank |
| Oct, 2000 | Renamed to Chuo Mitsui Capital |
| Feb, 2004 | Started a mezzanine capital fund |
| Mar, 2004 | Started a growth capital fund |
| Jan, 2006 | Started a fund of funds |
| Oct, 2007 | Became 100% subsidiary of Chuo Mitsui Trust Holdings |
Apr, 2011 |
Chuo Mitsui Trust Holdings merged with Sumitomo Trust & Banking. Became 100% subsidiary of Sumitomo Mitsui Trust Holdings |
Apr, 2012 |
Renamed to Sumitomo Mitsui Trust Capital Co., Ltd. |
Jul, 2013 |
Capital structure changed; 40% owned by Sumitomo Mitsui Trust Bank and 60% owned by other group companies |
Feb, 2014 |
Started a mega solar fund |
| Aug, 2015 | Everglory Group acquired 95.1% shares in Sumitomo Mitsui Trust Capital. Renamed to Trust Capital Co., Ltd. |
| Jan, 2020 | Established "GK Trust Capital Mezzanine" with Sumitomo Mitsui Trust Bank |