Article in todays AFR - Cashed-up Bailador eyes Aussie tech sell-off

Bailador is sitting atop $144 million in cash, more than triple the $44 million it held this time last year

Last month, it deployed $5 million of this cash into AI-enabled prescriptions start-up InstantScripts in a deal that raised the company’s valuation by 10 per cent. Mr Wilson said it was likely that new and follow-on investments would flow this year.

Net cash represented 46 per cent of Bailador’s portfolio at July 31. The remainder is almost evenly split between public and private investments – 29 per cent and 24 per cent respectively – representing a significant shift to listed investments since this time last year thanks to the IPO of its largest holding, hotel bookings business SiteMinder