By Anton Bridge and Miho Uranaka

TOKYO, Dec 12 (Reuters) – Japan’s mergers and acquisitions market is set to maintain buoyant growth momentum into 2026, with increasing deal sizes supported by innovative financing structures involving private capital, a Goldman Sachs ‍executive said.

As Japan’s largest companies streamline business portfolios and target growth investments, financing structures that tap the vast pool of private capital are set to bring more deals over the line, David Dubner, chief operating officer of global M&A and head of M&A structuring, said in an interview with Reuters.

These “high-grade” financing models combine equity and debt with private credit sourced from long-term private ‌capital such as insurers.

When partnering with large investment-grade corporates, the

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