Ex-Hostplus PE head launches state-level early-stage fund
V-Ignite, an investment firm established by the former PE and VC head at Australian superannuation fund Hostplus, is looking to raise AUD 120m (USD 86m) for a fund-of-funds that will support managers in the state of Victoria.
The Victorian government will invest AUD 60m in Victorian Startup Capital Fund (VSCF) as an anchor LP and V-Ignite wants to match that with contributions from superannuation funds, wealth managers, and...
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