Current Australian Private Equity & Venture Capital Journal

October 2018, Year 27 Issue No. 291

 

newsletter

New Funds & Fundraising

• Singapore investment helps take innovation fund well above target
• Māori investment fund closes at $NZ115.5m
• Malaysian pension fund plans to increase sector allocation

Investment Activity

• Bid launched to take ASX-listed company private in $2bn deal
• $630m bid to return listed company to private equity control
• International firm withdraws $810m take-private bid
• $50m debt facility for embattled listed alternative assets manager
• Sydney firm to take control of New Zealand foods company
• Smaller businesses fund invests in parking technology
• $19m to provide Australian satellite launches in two years
• $17m invested in re-focused marketing technology company
• Leading firm backs medical services of the future
• Consortium backs management buyout of fashion retailer
• Australian venture firm leads $US7m raising for Israeli tech start-up
• Venture firm backs US medical device company
• $US3.5m backing for cyber security training software
• Superannuation-backed New Zealand fund adds more wine investment
• $5m strategic investment for angel-backed cancer drug company
• Agriculture group takes cornerstone stake in agtech products company
• Investment firm backs restaurant deals app business

News

• EDITOR'S LETTER - New investment pattern
• Industry expected to face headwinds in 2019
• Industry association to adopt new name to reflect wider role
• Investment in 150-year-old brands wins AVCAL award
• Portfolio manager's authorisation revoked

Performance

• New Zealand honey exit likely to return around 3x money
• Leading firm doesn't have to look far for exit opportunity
• Foods business exited in trade sale after quadrupling in size
• ASX international coal mining float to raise more than $1bn
• New Zealand firm declares secondary exit an investment success
• Orthopaedic implants business exited in overseas trade sale
• Acquisition by listed veterinary clinics business provides exit
• Float to return listed technology investment firm $1.24m
• New Zealand wool scouring exit ‘highly profitable'
• Angel group achieves 10x return, launches fundraising
• Divestment to generate substantial return to investors
• Sovereign wealth fund well ahead of investment targets
• Venture-backed New Zealand company plans to list on the ASX
• Agri-business divests non-core asset
• Listed company pays $2m for pre-revenue tech start-up
• Impact investor achieving 2x plus exit run rate

Informal Venture Capital

• Super strength fibres win advanced manufacturing grant
• Start-ups in line for more than $500,000 in funding

Investee News

• Public and private markets tapped for $20m in new capital
• Burns treatment granted US sales approval
• US study finds cancer drug effective in dogs

Features

• PERFORMANCE OF NON-FUND VEHICLES
• REARVIEW MIRROR

People Moves

• Super fund seeks new chief investment officer
• $94bn investment manager appoints head of partner selection
• Technology fund manager names additional partner
• Corporate adviser joins board of loss-making listed company
• Private equity executive to step down from community role
• New appointee to lead agriculture and food expansion

Conferences & Roundtables

• Aerospace technologies to feature at pitching competition
• Coming Events