Skellerup aims to deliver growing and sustainable financial returns, said chief executive David Mair.
People and culture director Alex Nicholson has stepped down from her role following its scathing culture review.
Investors are pleased to still have cheap cash available with interest rates low, even as the central bank warns it won't last.
With $130m just raised, $45m from the government, the fund is already planning another $160m final round.