Admiralty Capital Group Secures Successful First Close of Inaugural Venture Capital Fund

Gold Coast, Queensland, Australia - November 1, 2024 - Admiralty Capital Group (ACG), a dynamic and innovative venture capital (VC) firm, today announced the successful first close of its inaugural VC Fund.

The first close marks a significant milestone, enabling the firm to accelerate its investment strategy and support innovative startups.

The fund is on track to reach a target total size of $50 million Australian dollars, with a second and final close scheduled for March 31, 2025.

“We are thrilled to announce the successful first close of our inaugural Venture Capital Fund,” said Ryan Holsheimer, CEO and Founder of Admiralty Capital Group. “The strong support we have received from our network of investors is a testament to the compelling investment thesis and the experienced team behind the fund. We are excited to leverage our expertise and capital to back exceptional founders to drive innovation across various sectors.”

About Admiralty Capital Group

Launched on the Gold Coast in South-East Queensland (SEQ), Australia in June 2024, ACG has garnered significant interest from both domestic and international investors.

The firm is led by seasoned investor and finance industry veteran Ryan Holsheimer. Ryan and his team of co-investors share a passion for nurturing companies that produce disruptive technologies and groundbreaking ideas. As the CEO of SEQ’s newest VC firm, Ryan and his team are committed to identifying high-potential startups across various sectors, providing strategic guidance, and fuelling their growth through smart capital allocation – all this while delivering outstanding returns for investors.

With a mission to empower innovative startups and entrepreneurs, ACG aims to back promising young companies, to be a catalyst for their growth and transformation. Launching the fund in South-East Queensland, the firm is aiming to take advantage of the region’s dynamic business landscape, alongside the most enviable environment to live and work in Australia.

Contact Information:

For media inquiries, interviews, or additional information, please contact:

Stuart Haslam
Partner
Email: stuart.haslam@admiraltycg.com
Phone: +61 406 244 366

For more information about Admiralty Capital Group visit:

Web: www.admiraltycg.com
Address: 12a, Tedder Ave, Main Beach, Gold Coast, Australia 4217
Email: info@admiraltycg.com
@Linkedin/admiralty-capital-group/

PLEASE READ THIS WARNING: This material has been prepared by Admiralty Capital Group Pty Ltd (ACN 671 614 038) (AFSL 554124) as the Trustee of the Venture Capital and Neptune funds (‘ACG’ or ‘we’) and is for general information purposes only and is not an offer or solicitation for the purchase or sale of any financial product or service. The material has been prepared for investors who qualify as wholesale clients under sections 761G of the Corporations Act 2001 (Cth) or to any other person who is not required to be given a regulated disclosure document under the Corporations Act. The material is not intended to provide you with financial or tax advice and does not take into account your objectives, financial situation or needs.

Although we believe the material is correct, no warranty of accuracy, reliability or completeness is given, except for liability under statute which cannot be excluded. Investments involve risk. Prior to considering an investment you must obtain the Fund Information Memorandum which will outline the risks involved and other relevant information. Please note that past performance may not be indicative of future performance and that no guarantee of performance, the return of capital or a particular rate of return is given.