Morgan Stanley Wealth Management

Main Sequence surpasses $1 billion funds under management for deep tech as it launches new Fund

Deep tech venture firm Main Sequence has reached an initial A$450 million close on its third fund, pushing money under management past A$1 billion; Hostplus, Temasek and CSIRO are among the backers.

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Fund 2 Announcement

Australia's Main Sequence has pulled in A$250 million for its second deep tech fund, with existing backers returning and a sharpened emphasis on decarbonisation investments.

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Ignition Advice welcomes Russell Scrimshaw to growing global team

Ignition Advice appoints Russell Scrimshaw as deputy chairman and non-executive director, adds two business development hires, and recalls its 2020 Series B raise with Morgan Stanley Wealth Management.

Ignition engages Morgan Stanley Wealth Management for additional capital raise

Ignition Advice has hired Morgan Stanley to seek up to $35 million at a $105 million post-money valuation through a Series B and partial sell-down, with an IPO flagged for 2022. Nothing is closed yet.

Perennial Private to Public Opportunities Fund – Cornerstoned by Morgan Stanley

Perennial Value launches a wholesale pre-IPO investment fund, with Morgan Stanley expected to commit $25 million once documents are finalised, while its existing microcap trust soft closes after reaching capacity.

Perennial Value to launch five-year pre-IPO, private raisings fund

Perennial Value plans a fund targeting pre-IPO deals and private capital raisings, with Morgan Stanley committing initial money; its microcap trust will soft-close, and earlier bets named include Atomos, Uniti Wireless and Ecofibre.