Ellerston Capital plans VC fund to target disruptive technologies

The Ashok Jacob-chaired Ellerston Capital plans to raise tens of millions of dollars early next year for a new venture capital fund, to be known as Ellerston Ventures, which will invest in ­disruptive technologies.

Ellerston — which has more than $4 billion under management and runs eight funds ­including a new Asian listed investment company — has long had a venture capital arm that ­invests in what it calls “special opportunities’’.

Now it wants to launch a new VC fund to take ­advantage of ­opportunities arising in the ­technology sector, ­especially the fintech space.

Source: Ellerston Capital plans VC fund to target disruptive technologies