NZVIF receives $49m underwrite for new fund investments
New Zealand Venture Investment Fund (NZVIF), a venture capital fund-of-funds, will receive a NZ$60 million ($49 million) underwrite facility from the New Zealand government.
While this is not a new allocation of capital, it will provide the fund with additional capacity to commit to two to three new venture capital funds over the next few years. "The underwrite facility...
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