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The Fifth Estate Emerging Fund has wrapped up a fundraising round. Â
Louise Kennerley
Street Talk understands the pairâs Fifth Estate Emerging Fund wrapped up a fundraising round this week, locking in around $48 million from high net worths, family offices and the like.
It is already holding seven pre-IPO investments straight out the gate, including healthcare technology outfit Lumos Diagnostics. This column revealed earlier this week that Lumos had called in Bell Potter and Wilsons for its float, which is expected to see it raise about $60 million and ramp up in the next fortnight.
The investment strategy for the fund will be overseen by Centennial and Bluelake, as well as ex-Regal Funds Management small companies portfolio manager Dane Roberts.
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