Private equity fund managers should take lead in innovation investment, Australia's Bill Ferris says

By Fiona Rotherham
Oct. 20 (BusinessDesk) - There is a “compelling opportunity” for private equity general partners to play a lead role in the take-up of innovation, says Bill Ferris, chair of the independent body tasked with improving Australia’s innovation performance.
Ferris, Australia’s first venture capitalist and executive chairman of CHAMP private equity, was appointed last November to head Innovation and Science Australia. Reinvigorating the independent body was one of 24 innovation measures the Australian government announced la...
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