Adexum raises $50m in pre-IPO capital

Adexum raises $50m in pre-IPO capital

Australian Financial Review – 11 July 2014

Having set out to raise a minimum of $40 million Adexum Capital has closed the subscription on its pre-IPO capital raising at $50 million. The new cash box is headed up by former Investec Wentworth Private Equity director John Murphy and Greg Robertson, and backed by industry veterans Michael Carapiet and Michael Triguboff.

Together the four directors have contributed 20 percent, or $10 million of the tota $50 million, to be invested in the new private equity firm. The rest of the money has all come from sophisticated and wholesale investors


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