Australian venture capital and later-stage private equity funds had a total of $5.95 billion available to spend on new businesses as of June 2013, as funds struggled to raise new capital after a particularly strong 2011-12.
Data released by the ABS today showed a total pool of 19.8 billion in venture capital and later-stage private equity funds, up 2.5 per cent from the previous year.
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To read the original article: Here's How Much Money There Is In Australian Venture Capital And Private Equity Funds Now | Business Insider