OneVentures gears up for $1b milestone with key hires and new growth fund
OneVentures has appointed growth equity expert Bevin Shields as partner and targets $200m for a new fund, signalling aggressive expansion in Australia’s tech investment scene.
Australian venture capital firm OneVentures has appointed Bevin Shields as a new partner, along with other key appointments, to spearhead its growth equity investment strategy.
These moves come as the firm seeks to capitalise on current market conditions and invest further in later-stage technology companies.
Shields, a veteran with 20 years of experience in growth equity, corporate advisory, M&A and capital markets, will play a crucial role in leading OneVentures’ newly announced Fund VII.
Fund VII, which OneVentures announced in August, aims to raise $200 million, targeting what it views as an underserved segment of Australia’s private capital landscape: growth equity for later-stage technology companies.
