Tag: Future Fund

Australia’s Future Fund digs in on $100m Palantir stake

Posted on   |  by Joseph Brookes
Australia’s $335 billion sovereign wealth fund has no plan to divest its holdings in controversial US software company Palantir, despite growing criticism about its role in the Trump administration’s...

Super funds, NRF rocket Gilmour Space to unicorn status

Posted on   |  by Justin Hendry
Gold Coast rocket startup Gilmour Space has blasted through a $1 billion valuation after raising $217 million from an all-Australian group of investors led by the National Reconstruction Fund...

Future Fund lifts stake in CDC Data Centres by $1.8bn

Posted on   |  by Justin Hendry
Australia’s sovereign wealth fund has boosted its stake in Canberra Data Centres, the largest provider of data centre services to the federal government, in a transaction that values the...

Future Fund mandate targets under-investment in net zero

Posted on   |  by Brandon How
Treasurer Jim Chalmers says changes to Australia’s $230 billion sovereign wealth fund will help plug a gap in funding for green projects amid the country’s transition to net zero....

New committees to steer medical research funds

Posted on   |  by Brandon How
The funding strategies of the federal government’s flagship health and medical research funds, which collectively award more than $1.5 billion in grants every year, are set to become more...

Future Fund embarks on its own ERP upgrade

Posted on   |  by Joseph Brookes
The back-end system at the Future Fund will be upgraded over the next three years to a Workday platform, with the agency avoiding the government’s $345 million shared SAP...