||iGlobe Treasury VIF Fund is the first
fund of its kind to be backed by the governments of New Zealand and
Singapore. It is also one of the four funds under the Venture Investment
Fund (VIF) scheme established by the government of New Zealand.
In June 2003, iGlobe Treasury VIF Fund announced its first close of
NZ$30 million. This cross-border fund will provide an innovative platform
to grow young New Zealand companies in the global marketplace by blending
the creative strengths of the talent pool in New Zealand with the
international management and capital capabilities of Singapore.