Australia: Alium Capital secures $79.1m in commitments for venture fund

Australia: Alium Capital secures $79.1m in commitments for venture fund

Australian Securities Exchange. REUTERS/Steven Saphore

Sydney-based venture capital firm Alium Capital has secured A$100 million ($79.1 million) in capital commitments for a cross-over investment fund.

The vehicle, known as the Alium Alpha Fund, will make sector-agnostic growth investments in listed companies across Eurasia, as well as venture investments in technology firms. The core focus of the fund will be niche investment deals with a technology & innovation focus, targeting recapitalisations, placements & pre-IPO rounds.

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