CHAMP Ventures closes seventh fund at $483m
Australian GP CHAMP Ventures has closed its latest fund at A$475 million ($483 million) despite a challenging fundraising environment. The vehicle, which launched in August 2010, was oversubscribed, having initially targeted A$450 million.
CHAMP Ventures Investments Trust No. 7 reached a first close of A$222 million in July of last year. MVision served as placement agent. The new fund has a similar remit to its predecessor - a A$300 million...
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