Paspalis Innovation Investment Fund (Fund) commenced on August 20, 2018 after successfully raising over $20m. The Fund currently has assets under management (AUM) of circa $22.5m and continually growing as we receive new applications.
As outlined in the investment memorandum, the Fund will look to invest in a range of start-ups based in Australia and offshore. The Fund will investment in a combination of start-ups, Northern Territory or equivalent bonds and cash.
We are pleased to publish our inaugural investor newsletter which provides an update of the Fund’s activities for the quarter ending 31 December 2018.