Dear AVCAL Colleague,

Ironbridge Capital raises $1.05 billion

Congratulations to Ironbridge Capital on the close of its Fund II at $1.05 billion.

International investors in Ironbridge Fund II are drawn from Asia, North America and Europe, many of whom are first-time investors in the Australasian private equity market.

Australian investors include clients of Wilshire Private Markets group, Industry Funds Management, Macquarie Funds Management and its clients and a number of major Australian Superannuation Funds including: UniSuper, Telstra Super, ARIA and Australian Super. International investors include GIC Special Investments, CalPERS, AlpInvest, Partners Group, Gartmore and LGT Capital Partners.

Significantly, Ironbridge Capital is the first Australian private equity manager to secure broad investor support from Japan, with four prestigious Japanese institutions investing in Fund II.


Optium Listing on Nasdaq

Congratulations to the VC investors in Engana / Optium which successfully listed on Nasdaq. Engana was established by Steven Frisken and Simon Poole, with funding from Technology Venture Partners, Starfish Ventures, Accede Capital & Intel Capital.


AGM & Christmas Cocktail Party

Please join us for the AGM & Christmas Cocktail Party on Thursday 23rd November at Quay Restaurant. The AGM starts at 5pm and the Cocktail Party at 5.30pm. Registrations are now open.


AVCAL 2006 post-conference survey

Over 200 delegates responded to the post-conference survey. Thank you to everyone who provided feedback.

The results are being analysed as part of the planning process for AVCAL 2007.

I am pleased to announce that the following survey respondents were drawn at random and have won a complimentary registration to AVCAL 2007.

John McCann, Tasmanian Electronic Commerce Centre
Matthew Moodey, BOS International
Julian Knights, Ironbridge Capital


Industrial Nanotechnology - Opportunities and Risk

Is an investment focused seminar aimed at business developers, industry groups, government bodies and the investment community at large - generally organisations who are interested in new, Nanotechnology-driven growth opportunities.

Industrial Nanotechnology - Opportunities and Risk is supported by the New South Wales Department State & Regional Development.

Level 47, MLC Building, CBD, Sydney 11 December 2006
For more information please click here.


New AVCAL Office

Level 41, Gateway Building,
1 Macquarie Place,
SYDNEY NSW 2000
Phone: + 61 2 8243 7000
Fax: + 61 2 9251 3808


Direct Lines

Andrew Green	02 8243 7008
Ed Day	02 8243 7005
Bligh Ridley	02 8243 7004
Shana Pascoa	02 8243 7003
Ben Isherwood	02 8243 7002
Louise Mawbey	02 8243 7006
Zina Di Pino	02 8243 7001
Alix Brown	02 8243 7000

Best wishes,

Andrew Green
Chief Executive

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