A Melbourne-based fund manager for high net worth Chinese investors has joined a growing throng of private technology investment operators on the Australian funding trail, with its plans for a new $100 million fund-of-funds, taking the amount being sought by firms in the local market well past $1 billion.

Boman Group– which was until recently named BMYG Financial Group – is betting on appetite returning from family offices to support its plans, and hopes to close its new fund by the end of the calendar year.