Australian Ethical backs Right Click Capital’s new fund


Amidst growing calls for superannuation/pension funds to accelerate their exposure to the venture capital sector, Australia’s biggest ethical fund, Australian Ethical has recently ventured into the tech startup arena by investing in a major new fund from Right Click Capital. The institutional fund manager has $1.7 billion in funds under management and more than 30,000 investors. David Macri, Australian Ethical’s chief investment officer said, “we are excited to be able to partner with Right Click Capital. During our due diligence process we were extremely impressed with their data-driven approach and the vast global networks at their disposal. We look forward to developing this partnership and are proud to support the growing innovation industry as our ‘old-economy’ evolves.” Right Click Capital partner Benjamin Chong said the key to success in this sector is to invest selectively in early stage companies that exhibit the characteristics proven in Australia and globally to correlate with successful investor outcomes. The investment signals that Australian superannuation/pension funds have started to warm to the local venture capital sector.

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