06.03.2015 - Future Fund goes haute couture, investing in fashion website Moda Operandi
The Future Fund is flexing its muscles as one Australia's largest venture capital investors, tipping funds into a high-end fashion website as it seeks to take more direct stakes in promising technology start-ups. The nation's $109 billion sovereign wealth fund has been revealed as a late-stage investor in the website Moda Operandi in a deal that closed late last year. Moda Operandi was founded in 2010 in New York City and allows women to pre-order the latest high-end fashion trends straight off the runways of Paris, New York and Milan - and the red carpets of Los Angeles...............................................Full Article: Source
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