Australia BioScience Fund I

The Australian BioScience Fund I was the first fund under the BioScience Managers (formerly IB Managers) banner. Fund I’s performance placed it in the top decile of Global (ex-US) PE/VC funds (Vintage 2008)*.

  • Fund I was a 10 year Australian Unit Trust, Private Equity Style fund with total committed capital of AU$41.8m.
  • The Fund called ~AU$36.5m and returned ~$56m to its investors.
  • Net internal rate of return was 24.7% p.a. before performance fee.
  • It’s investment focus was “mid-stage”  healthcare and life sciences investments in Australia and New Zealand.

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*Cambridge Associates LLC Global Private Equity and Venture Capital Funds Benchmarks 2014 Q4 (Please note this data is supplied to BioScience Managers at no charge)

Please note: Past performance is not a guarantee for future returns.