Street Talk

Alium Capital preps first new fund in seven years

Sarah Thompson, Kanika Sood and Emma Rapaport

Apr 22, 2024 – 5.00am

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’Tis the season for pre-IPO fund raises. With its Alpha Fund notching its seven-year anniversary, Alium Capital Management is back in capital raising mode, this time seeking $200 million for a series of public and private company funds.

The Sydney investor, headed up by partners Rajeev Gupta, Jason Rich and Michael Considine, is set to launch its Innovation Fund on May 1 to wealth groups, family offices and superannuation funds.

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

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

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