Latest Fund Launch News

Fat Prophets Global Contrarian Fund (ASX: FPC) has kicked off a non-renounceable rights issue aiming to raise up to $8.45 million, with directors and a $1 million underwriter backing the offer. The capital raise is designed to boost liquidity, grow assets, and enhance market presence.

Powerhouse Ventures holds $6.14 million in liquid assets and advances new technology fund launch despite challenging market conditions.

Wrkr Ltd has successfully launched its Rest Pay and AustralianSuper platforms, onboarding over 6,000 organisations and processing $100 million in contributions as it prepares for the July 2026 Payday Super legislative deadline.

Australian Ethical’s funds under management slid 3.7% to $13.57 billion in Q3 2026 amid market volatility, but the firm bolstered growth with a new $125 million private markets fund backed by the Clean Energy Finance Corporation and solid middle market client wins.

L1 Group has launched the IPO of L1 Gold Fund Limited, targeting a $900 million raise with founder backing and early closure due to strong investor interest. The fund will list on the ASX in April, continuing the strategy of its predecessor wholesale fund.

Qualitas Real Estate Income Fund (QRI) is set to initiate an on-market buy-back of up to 10% of its units starting April 2026, aiming to address perceived undervaluation and align with sector peers.

Halo Technologies reports a strategic pivot under new CEO Peter Oxlade, adopting a capital-light B2B model in the UK and expanding its Australian managed funds offering, while maintaining stable subscription revenue despite seasonal headwinds.

Unith Ltd reports a 17% rise in quarterly cash receipts alongside strategic funding and new technology launches, signalling momentum in its AI-driven digital human platform.

Powerhouse Ventures reports its inaugural operating cash flow positive quarter alongside strong fund performance and strategic fund launches, signalling a turning point for the investment house.

Powerhouse Ventures has entered a strategic partnership with GlobalDots to back its new Burleigh Ventures Critical Infrastructure Opportunities Fund, aiming to capitalize on emerging technologies in AI, quantum, and cloud infrastructure.

Dexus launches the Dexus Strategic Investment Trust series, acquiring a 25% stake in Westfield Chermside and raising $390 million for its DREP2 fund, while legal mediation is pushed to March 2026.

L1 Global Long Short Fund Limited (ASX – GLS) has opened a pro-rata non-renounceable entitlement offer to raise up to A$415 million, marking a pivotal step in its transition to L1 Capital’s Global Long Short Strategy. The offer includes a Top-Up Facility and a subsequent institutional placement to meet strong investor demand.