Westpac is the largest investor in the Reinventure Fund. The fund is operated independently by the managers, Danny Gilligan and Simon Cant, who are also co-investors in the fund. This allows us to fully focus on helping our portfolio companies succeed and, with $50M in committed funds, we have the resources to continue investing and stay engaged with companies as they grow.
Once we invest, our job is to add value to our ventures in the best way we can, including bringing to bear our operational experience and networks and unlocking maximum synergy value between the ventures and our largest investor, Westpac. Westpac is keen to understand emerging trends, acquire know-how from great entrepreneurs and co-create in areas that can benefit from the complementary skill-sets both parties bring.