Arawa Capital launches $40m cyber security fund
Arawa Capital has announced it has launched a $40 million investment fund aimed to take control positions in cybersecurity, defence and national security related businesses.
The new fund, which would target sophisticated investors, in particular high net worth individuals (HNWI) and family offices, would aim to provide 12% per annum returns. It would invest in three to four companies over the next 12 to 24 months, made up of cyber security and other national security related small and medium enterprises (SMEs).
Arawa’s head of investment, Graham Cox who is leading the National Security Investment Fund’s capital raise and investments into the sector, said he would expect closing out the capital raising within the next few weeks based on the large amount of registrations received to date.
“Investors see this sector as hard to access, yet are eager to take a position as it is highly protected from market volatility due to the large amounts of annual government spend and the tidal wave of demand and investment being made by government agencies and businesses in cyber security and related services,” he added.
AUTHOR
Oksana Patron
Recommended for you
Several wealth management companies have been shortlisted in the second annual Australian AI Awards program, which champions individuals and organisations pioneering Australian AI innovation.
Women are expected to inherit US$124 trillion through the intergenerational wealth transfer, but Capital Group has found they are twice as likely to rely on social media for advice over a financial adviser.
Challenger Investment Management has raised $350 million during the offer period for its new ASX-listed investment structure.
A week after Lonsec downgraded multiple funds from Metrics Credit Partners, rival research house Zenith Investment Partners has opted to retain its ratings for the same funds.
