Kain Lawyers is pleased to have advised Athletic Ventures, an investor community of professional Australian sports stars, in the launch of its first venture capital fund.
Led by former AFL star Matt de Boer and basketballer Matthew Dellavedova, Athletic Ventures is targeting a minimum raise of $25 million for the Athletic Ventures Champions Fund, a stapled early stage venture capital limited partnership and unit trust.
Athletic Ventures Champions Fund aims to support early-stage private technology and consumer businesses, co-investing with tier 1 VCs. The first close is anticipated before Christmas.
The Kain Lawyers deal team advising Athletic Ventures was led by Dave Mitchell with assistance from Navar Amici and Rocco Ierace.
Read the full story in The Australian Financial Review.