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Sovereign Wealth Funds Briefing - Categorized | Financials, Fund Management/Administration

Future Fund dabbles in India

Posted on 03 May 2011

Australia’s Future Fund has awarded a new mandate to US-based venture capital firm Bessemer Venture Partners. The world’s 13th largest sovereign wealth fund with $74.6 billion worth of assets under management issued the mandate to Bessemer some time in the March quarter of this year.
Rob Chandra, a California-based partner at Bessemer, said he was delighted to have the Future Fund join as investor in its latest fund……………………………………….Full Article: Source


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