Home > News > Private equity boosts start-ups
May 22nd, 2007
Private equity boosts start-ups
A BOOMING private equity sector has helped fill the boots of Australia's biggest ever, early-stage venture fund, a market languising since the dotcom boom.
Southern Cross yesterday said it had grabbed $170 million, signaling the potential for a new golden era for local technology-related businesses that have been shunned as investors chased more established companies.
The funds manager, Southern Cross Venture Partners (SXVP) headed by venture capital industry veteran Bob Christiansen, has garnered investment support from Macquarie Bank - $60 million for funds it represents - as well as substantial commitments from Industry Funds Management (IFM) and SunSuper.
The Southern Cross Fund, which launched in August last year, focuses on early-stage investments in electronics, technology, telecommunications, nanotechnology and environmental science including clean energy.
Nanometrics Announces Upcoming Investor Events November 19th, 2014
Eight19 secures £1m funding: Investment to develop production technology, and expand commercial activities for organic photovoltaics November 19th, 2014
Arrowhead to Present at Upcoming Conferences November 15th, 2014
Harris & Harris Group Reports Financial Statements as of September 30, 2014 November 11th, 2014
Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers
Lawrence Livermore researchers develop efficient method to produce nanoporous metals November 25th, 2014
Vegetable oil ingredient key to destroying gastric disease bacteria: In mice, therapeutic nanoparticles dampen H. pylori bacteria and inflammation that lead to ulcers and gastric cancer November 25th, 2014
Research yields material made of single-atom layers that snap together like Legos November 25th, 2014
Blu-ray disc can be used to improve solar cell performance: Data storage pattern transferred to solar cell increases light absorption November 25th, 2014