Your fund. Our infrastructure.
We built this infrastructure for our own funds: the licensing, the governance, the platform, the team. Universities, governments, family offices and corporates kept asking whether it could run a fund for them. It can. A dedicated fund, built to your mandate, on a machine that already runs every day. Available to wholesale clients only, as defined under the Corporations Act 2001 (Cth).
Depth across sectors and stages
A mandate doesn't have to mean early-stage tech. The team behind Eastend has built, operated and invested across a wide set of sectors, and a fund can draw on any of them.
- Artificial intelligence Applied AI and the infrastructure behind it. We build with it ourselves, so we know what is real and what is a demo.
- Enterprise and B2B Software and technology sold to serious customers: enterprises, governments and industry.
- Defence and national security Sovereign capability, dual-use technology and the procurement reality that comes with it.
- Space Australia's space industry has its home in Adelaide, and so do we.
- Resources and energy Mining services, energy transition and the technology that serves both.
- Commercialisation Taking research out of the lab and into a company: licensing, spinouts and the first cheque.
Everything a fund needs to operate
One engagement covers the full stack, independent fund administrator included. Nothing for you to hire or build.
- Mandate and structure We define the focus, cheque sizes and pace with you, then set up the right vehicle for it.
- Investment team Sourcing, screening, due diligence and investment committee, run by the same people who run our own funds.
- Deal flow Access to everything we already see across SA, WA and QLD, plus sourcing built around your mandate.
- Operations and reporting Independent fund administration, compliance coordination, capital calls and investor reporting.
- Governance Your fund, your oversight of the manager. Investment decisions sit with an independent committee, and reporting keeps the pipeline, the decisions and the numbers in view.
- Portfolio support Post-investment monitoring and founder support through the same programs our portfolio companies use.
From mandate to first investment
Four stages. You approve each one before we move to the next.
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01
Define
We scope the mandate together: focus, geography, fund size, pace, and what a good outcome looks like for you.
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02
Structure
We design the vehicle, governance and reporting, and put the operating plan in front of you before anything is signed.
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03
Deploy
Sourcing, screening and diligence run against your mandate, with investment decisions made through a committee you have full visibility of.
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04
Run
The fund operates. Capital calls, reporting, portfolio management and follow-ons, with the whole picture kept in front of you.
Run on systems we built ourselves
Most managers run funds on spreadsheets and a patchwork of off-the-shelf tools. We didn't like that answer, so we built our own platform from the ground up. Deal intake, screening, company records and fund reporting sit on one system we control.
Every fund we run sits on that platform. For an institution running a fund with us, that means cleaner data, faster answers, and reporting to a standard an institutional investor has already negotiated.
We already do this for our own funds
Eastend manages Fund 1, South Australia's first ESVCLP, investing in B2B technology companies across SA, WA and QLD. The fund is anchored by a $50 billion superannuation investment manager, whose cornerstone commitment came after months of institutional due diligence. Fundraising has closed and the fund is deploying.
The machinery has history. Our pilot fund, EVF0, backed twelve companies and has already returned an exit; the portfolio shows both funds side by side. And we run co-investment syndicates alongside the funds, so multiple vehicles at once is business as usual.
The details, before you ask
Who owns the fund?
You do. It is your vehicle, established under its own terms, holding your capital and its investments. We are the manager, not the owner: our job is to run it well.
Does it carry our name?
If you want it to. Some institutions want their name on the fund; others prefer ours in front. Agreed at setup, either way.
How is it governed?
Governance is designed with the mandate: an independent investment committee constructed for your fund, deal decisions kept at arm's length from institutional relationships, a reporting cadence you set, and clear sight of the pipeline and the numbers throughout. You approve the design before anything is signed.
What does it cost?
A management fee scaled to the size and scope of the mandate, and a performance fee that only pays on outcomes. Exact terms are part of mandate design, and we will always show you the whole cost picture before you commit.
Does it have to be an ESVCLP?
No. The structure follows the mandate. An ESVCLP brings meaningful tax advantages where the profile fits, and we run South Australia's first, but a mandate fund can take whatever form suits its purpose and its investors.
How big does a fund need to be?
There is no magic number: the mandate's shape matters more than its size, and we would rather tell you early if a fund is not the right tool. Start the conversation and we will give you a straight answer.
How fast can it start investing?
Months, not years. The systems, process and team already operate daily for our own funds; what takes time is designing your mandate and setting up the vehicle, and you control that pace.
What happens if we part ways?
The fund and its portfolio are yours, so they stay with you. Orderly transition terms are agreed in the management agreement at the start, when everyone is calm, not negotiated at the end.
Can our people be involved in decisions?
Yes, as partners rather than as decision-makers on individual deals. Your domain experts make the capital smarter through advisory and observer roles set in the governance design, while investment decisions stay with an independent committee. That separation is deliberate: it protects your relationships with the founders and researchers the fund backs.
Thinking about a fund of your own?
Let's scope it together
Wholesale clients only
Fund management services, and any interests in funds described on this page, are available exclusively to wholesale clients as defined under sections 761G and 761GA of the Corporations Act 2001 (Cth). Institutions will be asked to confirm their eligibility before receiving any product-specific information.
If you are unsure whether your organisation qualifies, please consult your accountant or financial advisor.
Investments in early-stage venture capital are illiquid and carry a significant risk of partial or total loss of capital. Past performance is not a reliable indicator of future performance. Any dedicated fund would be established under its own terms and constituent documents; nothing on this page is an offer of interests in any fund or a commitment to provide any financial service.
This page contains general information only and is not personal financial product advice. It does not take into account any organisation's objectives, financial situation or needs. Independent professional advice should be obtained before entering into any fund management arrangement.
Eastend Ventures Pty Ltd (ACN 671 466 032) is a corporate authorised representative (CAR 1307191) of Virtca Capital Pty Ltd (ACN 662 327 693, AFSL 549964).