March 2022, Year 31 Issue No. 328

 

newsletter

New Funds & Fundraising

• Buyout fund closes at $3.6bn
• $200m target for growth capital fund
• Super fund investors to run government-backed venture fund
• Venture firm raising funds on both sides of the Tasman
• Final close near for $600m plus fund
• Super funds commit to $1bn target buyout strategy
• Super fund backs universities seed fund
• Agricultural impact fund closes at $65m
• Listed private equity fund to raise additional cash
• $US30m first close for climate tech venture fund
• $75m for second corporate venture capital fund
• Forestry funds manager announces $160m first close

Investment Activity

• $210m venture funding for Singapore renewable power cable
• Private equity firm exits bus services business
• Global investor leads $280m crypto funding round
• $100m raising makes fintech Australia's fastest unicorn
• UK firm gains agreement to acquire ASX-listed company
• US-led investment creates local social media unicorn
• Australian private equity to acquire NZ fuel business
• Fertility business to be acquired for lower offer
• Deep-tech investor backs US automation technology
• US firm leads $NZ35m round for online marketplace
• More Abu Dhabi capital for Australian logistics
• $NZ30m sought to back New Zealand's ‘boldest' start-ups
• US specialist in B2B software leads $40m round
• Tech investors back offshore sales push for construction software
• $8m in growth capital for prop-tech business
• $7.7m backing for specialist fintech lender
• Financial services buy-and-build partnership
• US firm backs no-code online forms developer
• Japan-financed venture firm takes cyber security stake
• $NZ16m to commercialise gastric diseases diagnostic device
• Impact investor partners with edutech founder
• Backing for ‘pay as you use' equipment financing
• Additional recent investments

News

• EDITOR'S LETTER - Tech policies should be determining the federal election
• Merged super fund will continue to outsource investment
• Job adverts by venture-backed companies up by more than a third
• $100m funding to establish businesses in WA

Performance

• Secondary deal believed to have returned more than $1.2bn
• Retail manager reports substantial lift in returns
• Seed fund achieves early profitable exit
• International trade sale exit from software business

Investee News

• Capital raise for fractional property stakes platform
• Logistics company makes bolt-on acquisition
• Business finance company acquires online lender

Features

• Search funds - the concept explained

People Moves

• Mid-market firm appoints first female partner
• Investment firm recruits
• Life sciences venture firm adds partner
• Growth capital firm appoints partner
• Growth capital firm recruits
• Investment analyst sought to work in US

Conferences & Roundtables

• Coming Events
• Rearview mirror