Scarcity Partners, the firm set up by former Pinnacle Investment Management executives that scoops up minority stakes in fund managers, is getting into the venture capital game.
Street Talk can reveal the Adrian Whittingham-led group has taken a 20 per cent stake in $500 million Singapore-based January Capital, investing alongside its founders. The price was withheld, but Scarcity deals typically range from $10 million to $50 million.
Loading...
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
