The surprise heavyweights in venture-capital land
Hostplus and Aware Super got a payday when Blackbird cashed in some of its share of Canva. But venture capital faces a fight to keep super money flowing.
On Tuesday, Canva found new investors – ICONIQ Capital and Coatue Management – as it pondered following Atlassian to a New York float.
Those investors, both from the United States, took a small stake from Blackbird Ventures – allowing Australia’s largest venture capital fund to pay back some of its backers. Those, it turned out, were some of the biggest names in industry superannuation: Hostplus and Aware Super.
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