Singapore | It’s a long way from Sydney’s Silverwater prison, but Oliver Curtis is back, with the Singaporean data centre technology start-up he runs raising more than $1.4 billion, marking a stunning reversal of fortune for the former investment banker and eastern suburbs princeling.
Mr Curtis, the son of former Macquarie banker and long-time mining industry executive Nick Curtis, has turned a $250,000 personal investment in Firmus Technologies into a holding valued at $81 million earlier this year. After the next capital raising, this is likely to be higher again.
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Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com
