November 1, 2016
Antonio DiCristo, President
Inauguration of New Business Structure
PAL K.K. will begin business from November 1, 2016, having received capital participation from an investment limited partnership managed by Ant Capital Partners, and will succeed through an absorption split all of the business of Pacific Associates Limited and PAL Healthcare as well as all of the officers and employees of each.
Since its foundation, Pacific Associates Limited has provided paid recruitment services primarily for mid-career level and executive level positions, those seeking to develop careers, and assistance to clients seeking to obtain human resources. These services will continue unchanged and it is our desire to continue to make contributions to the human resources market in Japan by continuing these activities, gaining the trust of both those seeking positions and those offering positions.
Ant Capital Partners through its new capital participation, primarily as an investment company that carries out investments in unlisted shares, etc. in Japan and having an investment fund amounting to 114.5 billion yen, provides capital solutions for stock dispersion issues and business succession problem of domestic small and medium-sized enterprises making investment contributions which revitalize businesses and the economy.
Antonio DiCristo will serve as the president managing the business structure hereafter, spearheading the overall management, and together with directors dispatched by investors will do his utmost to promote the development of business.
PAL K.K. Details
Company name: PAL K.K.
President: Antonio DiCristo
License No : 13-ユ-308075
Scope of business: job placement for fee and head-hunting businesses
Stockholder: Investment Limited Partnership operated by Ant Capital Partners Co., Ltd.
Note: the address, telephone numbers, email addresses, and homepage for PAL Limited will remain unchanged and as they were for Pacific Associates Limited and PAL Healthcare.
Ant Capital Partners Details
Headquarters: Tokio Marine & Nichido Building New Annex 5th floor, 1-2-1 Marunouchi, Chiyoda-ku, Tokyo 100-0005
Representative: President Ryosuke Iinuma
Capitalization: 3.087 billion yen