APG, IVANHOE CAMBRIDGE INVEST IN TARONGA PROPERTY TECHNOLOGY FUND

Fund managers APG and Ivanhoe Cambridge have become the latest global investors to commit capital to Taronga Ventures’ flagship property technology vehicle.

Netherlands-based APG, which manages investments on behalf of Dutch pension funds, made its first proptech investment in Asia Pacific with its contribution to RealTech Ventures I, Taronga announced this week. Quebec pension fund manager Ivanhoe Cambridge, meanwhile, continues to pursue the diversification of its APAC portfolio with an eye towards sustainability.