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Channel Capital partners up with ex-Mellon Investments CEO
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Channel Capital has inked a partnership deal in New York.Â
AP
Channel is partnering up with ex-Mellon Investments Corporation CEO Des Mac Intyre to form an investment management incubator in New York, called Eolas Capital.
Eolasâ business will be somewhat of a mirror to Channelâs role Down Under â partnering up with asset managers to help them grow, as well as providing fund support services.
In Australia, Channelâs stable of eight funds collectively look after about $16 billion in assets and its manager partners include the likes of Sean Fentonâs Sage Capital and Bob Sahotaâs Revolution Asset Management.
Bionic Vision Technologies Advances Clinical Program With AU$1 million Medical Research Future Fund Grant
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MELBOURNE, Australia, Feb. 16, 2021 /PRNewswire/ Bionic Vision Technologies (BVT) has started work on the next phase of development for its world-leading Australian bionic eye technology thanks to a recent Australian Government grant to refine its vision processing algorithms.
BVT s bionic eye is designed for people with the inherited retinal disease retinitis pigmentosa for which there is no current cure.
Clinical study data from patients implanted with the device show the prosthesis is safe and gives significant improvements to functional vision and quality of life. Users reported an improved awareness of external objects and surroundings.