Australia's Future Fund emphasizes VC, growth equity
Private equity – and in particular venture capital and growth equity – is “more important now than it has ever been” to Future Fund’s overall portfolio, the Australian sovereign wealth fund said in its annual report.
Noting that venture capital and growth equity accounted for around 46% of Future Fund's A$12.8 billion ($9.75 billion) private equity program as of June, PE head Steve Byrom said that these strategies...
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