OPTrust
Australia's Skykraft raises $75m
Australian deep tech VC firm Main Sequence has joined a AUD 120m (USD 75m) round for Skykraft, a local space tech provider focused on in-orbit air traffic control systems.
OPTrust joins consortium bidding for Australia's Zenith Energy
Canadian pension fund OPTrust has joined Pacific Equity Partners in the consortium looking to buy Australia-listed off-grid power provider Zenith Energy for an enterprise valuation of A$250 million ($163 million).
PEP looks to cut OPTrust into Zenith Energy deal
Pacific Equity Partners (PEP) wants to bring OPTrust into its bid for Australia-listed off-grid power provider Zenith Energy after the Canadian pension fund built up a sizeable position in the company.
Australia SME lender Judo raises $147m
Judo Bank, a PE-backed start-up that provides loans to Australian small and medium-sized enterprises (SME), has raised A$230 million ($147 million) from existing investors.
Asian outposts: LPs see value in a local presence
Few institutional investors have the scale, resources or mandate to establish private markets platforms within Asia. Those that do are looking to make it pay off through co-investment
LPs question fees on long-dated PE funds – AVCJ Forum
Funds that are structured to hold assets for extended periods make sense – given the increasing number of companies that want to delay going public or avoid it altogether – but fees remain an issue, institutional investors told the AVCJ Australia...