AMMA unveils Gold Coast tech hub
Boutique equity investment firm, AMMA Private Equity, has announced it will build a new technology hub by October next year.
Situated in Helensvale on the Gold Coast, the $14 million construction will house the head offices of Guvera, Sportkix, Tapp Commerce and App Investments, as well as site owners AMMA.
The building will also serve as an incubator for technology start-ups by providing serviced office space.
AMMA global chief executive, Paul Jansz said the site will help foster innovation by bringing together local technology leaders and entrepreneurs.
"With plenty of light and colour and large collaborative working spaces, we're hoping our hard-working team members will be suitably inspired," he said.
"The tech hub will provide our team with state-of-the art technology that will allow them to work on delivering the next generation of mobile innovations."
Currently, AMMA Private Equity is Australia's largest boutique equity firm which sources and manages investment opportunities in the technology mobile sector for more than 300 accounting firms and their clients.
Jansz said the new three-level, 4,491sqm technology hub highlighted the significance of private equity firms to Australia's "next generation of start-ups" by assisting entrepreneurs with business strategy, funding and industry connections.
"Private equity firms, like ours, support the tech and start-up industry by providing our clients with access to some of the world's most exciting pre-IPO investment opportunities," he said.
"It will be the ideal space for creatives, technologists, designers and developers to generate new ideas, experiment and bring innovations to market."
Recommended for you
Platinum Asset Management has put its two closed-end funds under strategic review in a bid to reduce the share price discount to pre-tax NTA and maximise shareholder value.
In the latest Meet the Manager profile, Money Management speaks with Michael Skinner, founder and managing director at Blackwattle Investment Partners.
Perpetual has seen AUM rise 6 per cent in the last quarter but the departure of a longstanding JOHCM fund manager led to outflows of $2.2 billion from his strategy.
Global fixed income fund Bentham Global Opportunities has been added to several major platforms, enabling it to be accessed more easily by financial advisers.
