Get the latest tech news
Private Funding in Australia Plummets 43% in 2023, Preqin Says
Australian fund managers had a challenging year in 2023, with private capital fundraising plunging 43% to A$10 billion ($6.5 billion) as higher interest rates and tough lending markets cooled appetite for deploying capital, according to the UK-based research firm Preqin Ltd.
The central business district in Sydney.Photographer: Lisa Maree Williams/Bloomberg
Or read this on Bloomberg