Private Equity Media

$16.75m backing for promising motor neuron disease drug The founders (picture) of Macquarie University spin-out company Celosia Therapeutics have raised $16.75 million in venture capital to take to clinical trials a drug that has shown promise for treating motor neurone disease. Read more about this, and much more about venture capital and private equity, at: https://lnkd.in/gE-aPUTb #venturecapital #privateequity #drugreseach #biotechnology

Super funds investor ups stake in listed toll roads operator A global investment manager, owned by Australian super funds, has increased its investment in an ASX-listed toll roads operator to just under 30%. Read more about this, and much more about private capital, at: https://lnkd.in/gE-aPUTb #infrastructure #privateequity #venturecapital #privatecapital

Venture firm partners in $60m horticulture vehicle The Australian horticulture industry's research organisation has linked with a venture capital firm to launch a $60 million specialist venture capital fund. Hort Innovation's Jesse Reader (pictured third from left) will be working with Artesian Ventures to identify investible technologies locally and around the world. Read more about this, and much more about venture capital and private equity, at: https://lnkd.in/gE-aPUTb #venturecapital #privateequity

$119m indicative offer for listed company An indicative $119 million private equity offer has been put forward to acquire ASX-listed motor vehicles fleet management and leasing company SG Fleet. Read more about this, and much more about private equity and venture capital, at: https://lnkd.in/gE-aPUTb #privateequity #venturecapital

Advanced manufacturing technology gains first US customer A New Zealand venture backed advanced manufacturing technology company has made its first US sale to a New Jersey institute that is working to improve manufacturing for the defence sector. Read more about this, and much more about private equity and venture capital, at: https://lnkd.in/gE-aPUTb #venturecapital #privateequity

Venture capital continuation fund launched An Auckland-based venture capital firm has launched fundraising for Australasia's first venture capital continuation fund. Pacific Channel has set up the fund to provide another five years of runway for eight investments from its first fund which managing partner Brent Ogilvie (pictured) says have average operating periods of seven years. Read more about this, and much more about venture capital and private equity, at: https://lnkd.in/gE-aPUTb #venturecapital #privateequity #fundraising

Leading venture firm reaches first close on new fund One of Australia's leading venture capital firms has reached first close on a new fund which is targeting $650 million. Airtree Ventures partner John Henderson (pictured) said the achievement is "a big moment for Aussie and Kiwi start-up ecosystems as some of the world’s best fund investors recognise the achievements of great Aussie and Kiwi founders and are now putting their money behind the next generation to outcompete their global peers”. Read more at: https://lnkd.in/gE-aPUTb #venturecapital #privateequity

Auckland firm backs leading refrigeration business Auckland-based private equity firm Direct Capital has invested in New Zealand's market-leading commercial refrigeration and air conditioning business, Active Refrigeration (picture). Read more about this, and much more about private equity and venture capital at: https://lnkd.in/gE-aPUTb #privateequity #venturecapital

$143m indicative offer for listed recycling company A private equity firm has made a $143 million indicative offer for an ASX-listed company that refurbishes used laptop computers. Read more about this, and much more about private equity and venture capital at: https://lnkd.in/gE-aPUTb #privateequity #venturecapital

Agribusiness stake to be exited in $475m acquisition A private equity firm is to exit its stake in an agricultural supplies and services company with the business to be acquired for $475 million by an ASX-listed company. Read more about this, and much more about private equity and venture capital, at: https://lnkd.in/gE-aPUTb #privateequity #venturecapital