Street Talk understands Gregg Taylor’s new wholesale equities fund will launch this week, targeting $50 million in commitments to funnel into private and listed multi-stage tech companies.
The unlisted fund will focus on five verticals, telecommunications, enterprise software, fintech, medtech and property tech, seeking to take advantage of what they see as a 20-year valuation lull in the sector. “We believe that the current vintage of our Fund presents a compelling opportunity for investors to enter the market at attractive valuations in the technology sector, where valuations are extremely depressed,” potential investors were told., Salter Brothers chief Robert Salter and Waves Tech Ventures co-founder Hayley Evans – will be advised by a group of industry specialists including eftpos Australia chief executive Stephen Benton and Nu Mobile’s boss Paul O’Neile.