Mirae Asset recruits OneVentures director for Australia coverage
Mirae Asset Global Investments has expanded its Australian alternatives team with the recruitment of James McGrath, formerly an investment director at local VC firm OneVentures.
McGrath spent six years at OneVentures, which backs emerging Australian technology and healthcare companies. He held board observer positions at Ovo Mobile, Coassemble, Fleet Space Technologies, EatClub, Hometime, Bolt Bikes, and human resources software-as-a-service (SaaS) unicorn Employment Hero.
As a director for alternative investments at Mirae Asset, McGrath will work across an investment portfolio that encompasses real estate, infrastructure, private debt, and venture capital, according to a statement. The firm holds interests in Victorian Desalination Plant, Eastlink, and the Four Seasons Hotel in Sydney.
Mirae Asset Financial Group has more than USD 2.5bn in venture capital globally, including positions in China ride-hailing platform Didi, India food services player Zomato, alternative protein specialist Impossible Foods, and Elon Musk's SpaceX. It claims Australian exposure through web3 start-ups Animoca Brands and Immutable X.
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