New Zealand, Taiwan cross-border fund ups target to $70m
A cross-border fund launched by New Zealand-based Pan Pacific Capital and Taiwan's state-run Institute for Information Industry (III) has raised its target to $70 million and is nearing a first close.
The Pan Pacific Capital Fund, which is operated by Auckland venture capitalist Tony Bishop, has received $12 million commitments from the New Zealand Venture Investment Fund (NZIF) and its Taiwanese counterpart,...
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