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Showing 281 - 290 of 453 results for "venture capital"

Hostplus commits further to Australian VC

JAMIE WILLIAMSON  |  TUESDAY, 28 FEB 2017
Hostplus has now invested more than $350 million in Australian venture capital initiatives, having made a significant investment in a seed-stage VC firm recently. Hostplus invested $85 million in Artesian, which provides a pre-screened funnel for more ...

Aussie fintech maintains strength

EMMA RAPAPORT  |  FRIDAY, 24 FEB 2017
... reached $626 million across 25 deals in 2016, a major increase on 2015 which saw $185 million across 23 deals. Venture capital investment in fintech also stayed at healthy levels, with $71million invested across 15 deals. This was however a considerable ...

Penklis returns with $275m private equity fund

ALEX BURKE  |  MONDAY, 20 FEB 2017
... whom were veteran directors at CHAMP Ventures. Banks was also recently chair of the Australian Private Equity and Venture Capital Association. Penklis said: "The formation of Odyssey was driven by a number of factors. The timing was right for the team ...

Australian Ethical aiding tech VC sector

JAMIE WILLIAMSON  |  TUESDAY, 14 FEB 2017
... Increasing its exposure to Australia's technology start-up realm, Australian Ethical invested in a Sydney-based venture capital fund. The $1.84 billion superannuation fund has contributed a significant investment to Right Click Capital's Growth Fund ...

Future Fund cautious on risk and return

DARREN SNYDER  |  TUESDAY, 31 JAN 2017
... quarter of 2016, the Future Fund deployed capital into its private equity program, primarily through investments in venture capital and growth. Private equity now makes up 10.9% or $13.9 billion of the investment portfolio. "Our cash allocation (19.7% ...

AirTree hires former Accel vice president

EMMA RAPAPORT  |  TUESDAY, 31 JAN 2017
Venture capital firm AirTree lured former Accel Partners vice-president James Cameron to Australia to hunt for startup opportunities. Sydney born Cameron will relocate home in February after four years with the Silicon Valley giant, overseeing several ...

AMP cuts venture capital funding

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2017
AMP shut down its venture capital arm after launching it less than two years ago. A strategic review of the AMP New Ventures program has resulted in its closing, with the roles of those working in the unit made redundant. A spokesperson for AMP said ...

NSW government pins fintech job hopes to H2 Ventures

EMMA RAPAPORT  |  FRIDAY, 13 JAN 2017
... companies develop and grow, and create jobs for the future." Barilaro said the government will continue to encourage venture capital funding, and that he expects in fintech industry to grow to $4.2 billion by 2020. In September 2016, some of the industry's ...

Blue Sky exits pet food supplier

ALEX BURKE  |  FRIDAY, 6 JAN 2017
... in 2011, employs roughly 50 people and services more than 100,000 customers. Blue Sky's stake was held over two venture capital funds. The firm said the exit represents a milestone "in the continued growth of our business," pointing to the earlier exit ...

MYOB appoints new director

ALEX BURKE  |  TUESDAY, 3 JAN 2017
... the National Precincts Board and Innovation Capital, and was a councillor at the Australian Private Equity and Venture Capital Association. In her new role, she will work alongside directors Craig Boyce, Paul Edgerley, Andrew Stevens and Anne Ward, chair ...