secondary share sale Archives

ANZ’s VC hedge, 1835i, cashes in its Airwallex stake for $67 million

Simon Thomsen - September 8, 2025 2 MIN READ

The venture arm of embattled Big Four bank ANZ has offloaded its stake in international payments fintech Airwallex for $67 million, just five years after first investing, 1835i sold its US$44 million stake to Airwallex founders and executives in a deal that adds nothing to the company’s cash balance. All up they nabbed US$70m (A$106m)… Read more »

ASX

Seek offloads a $95 million slice of its Employment Hero investment to US private equity firm KKR

Simon Thomsen - February 18, 2025 2 MIN READ

ASX-listed Seek’s venture fund is selling a $95 million portion of its holding in unicorn HR startup Employment Hero to US investment firm KKR. The deal was announced as part of Seek’s (ASX: SEK) half-yearly results today, which saw ANZ revenue declined by 4% to A$416m, reflecting a 14% drop in job ad volumes. Total… Read more »