Arawa Capital launches $40m cyber security fund
Arawa Capital has announced it has launched a $40 million investment fund aimed to take control positions in cybersecurity, defence and national security related businesses.
The new fund, which would target sophisticated investors, in particular high net worth individuals (HNWI) and family offices, would aim to provide 12% per annum returns. It would invest in three to four companies over the next 12 to 24 months, made up of cyber security and other national security related small and medium enterprises (SMEs).
Arawa’s head of investment, Graham Cox who is leading the National Security Investment Fund’s capital raise and investments into the sector, said he would expect closing out the capital raising within the next few weeks based on the large amount of registrations received to date.
“Investors see this sector as hard to access, yet are eager to take a position as it is highly protected from market volatility due to the large amounts of annual government spend and the tidal wave of demand and investment being made by government agencies and businesses in cyber security and related services,” he added.
Recommended for you
Almost 70 per cent of asset managers are planning to control costs via product rationalisation, according to a global survey by Northern Trust, as they seek to offer clients a best-in-class experience.
Fund managers should work collaboratively with data providers to minimise greenwashing risks in their products as a positive ESG score can be a “gamechanger” for a fund’s demand with advisers.
Asset manager Janus Henderson has made two acquisitions in the ETFs and emerging markets space as it takes strategic steps to meet client needs.
Self-reporting issues to ASIC could lead to a reduced charge for a fund manager but it may not exempt them from enforcement action altogether, according to ASIC chair Joe Longo.