TLDR:
- Ryan Holsheimer, ex-JPMorgan banker, starts a venture capital firm called Admiralty Capital Group.
- The firm will focus on making early-stage investments in Australia and internationally.
Article Summary:
Ex-JPMorgan banker, Ryan Holsheimer, is launching a new venture capital firm called Admiralty Capital Group. The firm, based in Australia’s Gold Coast, will specialize in early-stage investments both locally and internationally. Holsheimer, who was the former Asia-Pacific head of cash equity and equities distribution at JPMorgan in Hong Kong, plans to start raising funds over the next two months. He aims to close the fund by the end of June and start deploying capital by the third quarter of this year.
This venture comes at a challenging time for the venture capital industry, which is facing reduced funding opportunities due to various factors. Holsheimer’s expertise and experience in the financial sector could prove beneficial for Admiralty Capital Group as it navigates the competitive landscape of early-stage investments.
