Komunitas
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Australian Business Growth Fund (ABGF)
Information by Research TrustFinance
Established in 2020, the Australian Business Growth Fund is a for-profit entity with a mandate to support the growth of Australian businesses. It was co-founded by the Federal Government and six leading Australian banks (ANZ, CBA, HSBC, Macquarie, NAB, and Westpac) to address a gap in the market for patient, minority-stake equity capital for SMEs. ABGF typically invests between $5 million and $15 million in established businesses with a proven track record, revenue over $2 million, and a clear vision for growth, taking a minority stake of between 10% and 40% and offering strategic support without seeking control of the company.
Australia
Industry
Financial