New capital commitments to Australian funds decline by $2.4 billion

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New capital committed to Australian venture capital and later stage private equity funds decreased by 77 per cent ($2.4 billion) in the 2012-13 financial year according to figures released today by the Australian Bureau of Statistics (ABS).

“This is the largest decrease we have seen since we first started publishing this data for the 2004-05 financial year,” said Ms Tracey Rowley, Assistant Director of Research and Development Surveys.

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