November 2021, Year 30 Issue No. 325

 

newsletter

New Funds & Fundraising

• Turnaround firm on track to raise $600m fund
• Growth firm expected to soon close new fund
• $350m first close for impact fund
• New Zealand firm raises $NZ110m growth fund
• Impact strategy launches under infrastructure brand
• Sovereign wealth fund commits to global green energy

Investment Activity

• Listed company ends discussion after offer is reduced
• Industry super fund in first solo private capital deal
• Report in favour of $5.2bn bid for electricity assets
• $100m round will globalise online insurance product
• Add-on rehabilitation services sector acquisition
• $25m to advance quantum computing cybersecurity
• $50m in private funding for listed lender
• Merger creates national clinical trials company
• Wealth management firm backs health-tech start-up
• US company provides further backing for legal-tech
• New funding for employee feedback technology
• Follow-on investments made on higher valuations
• New entity to target marine sports consolidation
• Growth investment backs reduction of plastics waste
• Bank leads $NZ15m pre-listing raise
• $40m for crop-boosting carbon sequestration
• Impact investor increases stake in online shares platform
• Cryptocurrency marketplace gains venture support
• $6.87m for carbon emissions verification platform
• Customer verification technology primed for global roll-out
• Retail investors back hair and beauty products online marketplace
• Venture firm picks ripe challenge
• $3m for car financing disruptor
• Venture firm backs online auto parts marketplace
• Venture firms fund online cyber security training
• Seed funding for automated construction management
• Real-tech fund backs contactless building access
• Workforce intelligence backed to target US market
• $10m expansion capital for hospitality software
• Pre-seed investment for groceries comparison app

News

• EDITOR'S LETTER - Room for improvement in bids for listed companies
• Sovereign wealth fund maintains high allocation to private equity
• New Zealand acquisition sought for ASX listing
• Growth Company Awards winners
• New Zealand start-up investment at record levels

Performance

• Unicorn to list on the ASX
• $350m exit to generate 3x return
• Healthcare technology exit estimated at 4x
• Crossover fund running at 26% IRR
• Super funds research business exited
• Retail chain exited in secondary private equity transaction
• Venture firms exit as US company acquires AI start-up
• Acquisition provides exits for investors in childcare chain
• Private equity fund for individual investors ‘recommended'

Investee News

• Graphic design democratisation extended to video
• Australian company an online marketplace leader

Features

• Innovation precincts: “How to make lightning in a jar"
• Rearview mirror

People Moves

• New head for government private capital body
• Super fund appoints new deputy chief investment officer
• Sydney firm appoints New Zealand adviser

Conferences & Roundtables

• New Zealand conference cancelled