CHAMP Ventures closes fund at A$475M
3rd Jul 12
AVCAL member CHAMP Ventures has announced the closing of its seventh fund at A$475 million, which surpasses its targeted ‘hard cap’ by A$25 million. This equates to a 58% fund increase compared with CHAMP Ventures’ sixth fund, which closed in April 2006 at A$300 million. The fund has a balanced and diversified investor base, and will be used to invest in the Australasian lower mid-market.