Fund focus: Patience pays for off for Movac
New Zealand VC firm Movac has exceeded expectations with its latest vintage, trading individuals and families for institutions, some of which are entering the asset class for the first time
In the most uncertain days of raising its latest fund, New Zealand venture capital firm Movac envisaged topping out at around NZD 120m (USD 75m) or NZD 150m. In the end, Movac Growth Fund 6 was oversubscribed...
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