Current Australian Private Equity & Venture Capital Journal

September 2018, Year 27 Issue No. 290

 

newsletter

New Funds & Fundraising

• $800m new fund to maintain mid-market focus
• $100m target for local venture credit fund
• Further $50m committed to corporate venturing platform
• Retail venture fundraising falls short of expectations

Investment Activity

• Super and pension funds in $9.26bn winning bid for toll-road project
• Decision on public-to-private bid expected soon
• Super fund pays $2.86bn for state land titles registry
• Super fund to make $371m direct investment in poultry company
• Honey company in favour of take-private deal
• Data analytics company wins backing for global expansion
• Investment values data centres business at $60m
• Industry super fund takes stake in telecommunications provider
• Conditional agreement for $122m take private deal
• US firm leads $US15.7 investment in software-as-a-service
• $59.5m adds horse feeds business to stable
• US venture firm leads $21m investment for tech company's local expansion
• Global technology growth investor makes $NZ100m-plus first New Zealand investment
• Infrastructure manager believed to be bidding for West Australian grain properties
• Local venture firm leads $US15m round for headphones company
• UK firm invests $14m to help agritech business expand globally
• $6m investment to progress treatment for autoimmune disease
• $5m invested in medical appointments platform
• $3m invested in financial advisory business management software
• $16m will fund clinical study of breakthrough glaucoma treatment
• Investment company to acquire Starbucks Coffee, New Zealand
• Venture capital and strategic investors provide $2.35m to back procurement platform
• New corporate venturing program makes first investment

News

• EDITOR'S LETTER - What is driving public deals?
• US food company's divestment plans likely to attract local private equity interest
• New prime minister urged to prioritise attracting investment in businesses
• Private equity firm plans to float on the ASX

Performance

• New investment close for beleaguered listed alternatives manager
• Mining-focused firm to exit Indonesian gold mine in $US1.21bn deal
• Australian-based global fund manager throws down gauntlet on fees
• Fund sales to generate good returns for investors in troubled listed manager
• Sovereign wealth fund increases allocation to private equity
• Failure of online business to hit venture investors
• Exit finally in sight for mining services investment
• Acquisition removes listed private equity fund-of-funds from the ASX
• NZ government funding resumed for incubator

Informal Venture Capital

• Melbourne accelerator attracts Silicon Valley start-up
• $300,000 development grants for three medical device projects
• E-commerce technology company winning international business

Investee News

• Acquisition will extend international payments to China
• Venture firm extends escrow over stake in listed company

Features

• LISTED COMPANIES REMAIN TARGETS
• REARVIEW MIRROR

People Moves

• Self-driving car developer axes Australian chief executive
• Internal candidate appointed super fund chief investment officer
• Government super scheme seeks general manager, investments
• Principal leaves mid-market firm
• UK technology investment company adds to local team

Conferences & Roundtables

• Coming Events