Current Australian Venture Capital Journal

December 2011, Year 20 Issue No. 215

 

newsletter

New Funds & Fundraising

• Venture sector to get $100m but no further promises
• $100m first close for mid-market fund
• Alternative investments manager to list on ASX
• Fund raising launched for Indonesia mid-market vehicle

Investment Activity

• CHAMP moves on listed outdoor media business
• Advent invests in heavy equipment rental business
• PEP moves to clean up with revised Spotless bid
• Carnegie fund invests in domain trading business
• Innovation Capital invests in call recording service
• Wolseley backs investee's Asian region expansion
• Debt re-restructure provides turnaround challenge
• Start-up incubator attracts venture investment
• Future Capital invests in ‘next generation' group buying

News

• COMMENT: Watershed looms for ‘take private' deals
• Passing of Mike Hirshorn
• Damages claim over late withdrawal of bid
• Court case over ‘quick flip' deal looks likely
• $220m debt finance facility for wine company
• Venture needs continuing government support - AVCAL

Performance

• CVC to lose Nine if debt for equity swap eventuates
• International trade sale for pharmaceuticals business
• US firm and Packer interests to exit skincare brand
• Private equity still leads shares over most periods
• Private equity returns
• Walmart buys local start-up
• Private equity and venture capital investments
• Unlisted businesses more resilient says New Zealand investor

Informal Venture Capital

• Conditions eased for Early Stage Commercialisation grants
• $1.7m grant for live speech to text technology
• International award to New Zealand incubator
• Grant to drug delivery system start-up
• Angel ‘treaty' should boost available cash

Investee News

• Childcare business continues to expand
• Chief executive resigns in lead up to float
• Nextmedia expands art world coverage
• TV executive recruited to head V8 Supercars

Features

• NEW R&D TAX REGIME FAVOURS INNOVATORS
• REAR VIEW MIRROR

People Moves

• Centric Wealth appoints new chief executive
• Industry super fund appoints chief executive from within
• New head for Qantas Super

Conferences & Roundtables

• Asset allocation event
• Australasian Cleantech Forum
• Software pioneer to speak at angel conference

Share Chart

• Download ShareChart/Upcoming events for December 2011