For Immediate Release
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
Head of Strategy & Public Affairs
Email: [email protected]
Phone: +61 406 244 366
Biography:
Ryan Holsheimer brings three decades of trading and investment experience in the Australian and Asia-Pacific financial markets. His career journey has included senior leadership roles at Goldman Sachs and Bank of America Merrill Lynch. Prior to launching ACG, Ryan served as JPMorgan’s Head of Asia Pacific Cash Equities and Equity Distribution. He spent 25 years based in Asia (Tokyo and Hong Kong) and has helped to build and lead some of the most successful teams in the modern Asian market era.
Today, as the CEO, major shareholder and largest investor of Admiralty Capital Group, Ryan continues to focus on identifying and supporting the best people to invest in and alongside. He enjoys helping people to maximise their capacity to have constructive impact, is passionate about innovation and wants to always identify and support those brave enough to seek positive change in our communities.
Note: This press release is for informational purposes only and does not constitute an offer to invest or solicit investment.
For more information about Admiralty Capital Group visit:
Web: www.admiraltycg.com
Address: Tedder Ave, Main Beach, Gold Coast, Australia
Email: [email protected]
@Linkedin/admiralty-capital-group/