Australia fund has placed $35 million with IP Group for university innovation
Australia’s largest corporate superannuation fund has placed $35 million with IP Group as part of a $200 million capital raise that will invest in spin-out companies based on the intellectual property developed by academics at a variety of universities. The investment has been made through TelstraSuper’s Private Equity Market Portfolio by purchasing a stake in […]
New investment fund is targeting drug development at the University of Pittsburgh
University of Pittsburgh Chancellor Patrick Gallagher’s efforts to hotwire the region’s fledgling life sciences industry is getting a spark from a new seed capital fund targeted to helping develop new medications. The Pittsburgh Revolution Fund is soliciting $200 million, which will be made available in the form of investments in drug research teams with the […]