New $1b VC fund will back Aussie start-ups with Chinese money

Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Tokyo | Boman Group, a Melbourne-based fund manager for Chinese money, is set to close the first part of a new fund targeting $1 billion to back Australian start-ups that could expand into China. The firm has spent two years securing licences to operate in China.

It plans to establish offices in Tianjin, near Beijing, followed by potential expansion to locations near Shanghai and in southern China. Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Introducing your Newsfeed Follow the topics, people and companies that matter to you.



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