CAPITAL MARKETS

Lion seeks $80 million for investment vehicle

POOLED development fund Lion Selection Group aims to raise $80 million in an IPO of subsidiary company AuSelect designed to allow it to make investments denied it under the rules of the PDF structure.

Michael Quinn
Lion seeks $80 million for investment vehicle

AuSelect will, for example, be able to invest in companies with market capitalisations greater than $50 million and companies registered outside Australia, two opportunities not available to Lion Selection...

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