The JPEA was founded with eight member companies as a limited liability intermediate corporation on August 1, 2005. The purpose of the Association has been to function as an industry group for major players in business investments in Japan and as a forum for players to issue appropriate information. The principal members of the Association are the managing partners of private equity investment partnerships and their advisers, who aim to achieve strong management through active management assistance and investment with the provision of management resources and to serve the overall interests of all stakeholders, including employees.