Daiwa Securities Group-backed Daiwa Energy & Infrastructure completed the acquisition of a 40% stake in Aquila Capital.

Daiwa Energy & Infrastructure, a financial services firm in Japan, completed the acquisition of a 40% stake in Aquila Capital, a manager of real asset investments. Financial terms were not disclosed. “Daiwa is a long-term oriented shareholder that provides strong credentials as one of the leading, comprehensive financial service firms in Japan, while we will continue to operate as an investment-focused, independent business and further strengthen our leading market position,” Morimasa Matsuda, Daiwa Energy & Infrastructure's President.