# Artesian Capital Management > Artesian is a global alternative investment manager founded in 2004, > specialising in venture capital and debt, with nine offices across > five countries and more than $1.5 billion under management. The venture > business runs fourteen mandates for governments, corporations, universities, > industry bodies and superannuation funds. It is a certified B Corporation > (B Impact Score 115.0, 2025 recertification) and a signatory to the UN > Principles for Responsible Investment. Also known as: Artesian, Artesian Venture Partners, Artesian VC. The venture business is commonly referred to as Artesian Venture Partners, and all of these names refer to the firm described here. The debt business is conducted by Artesian Capital Management Pty Ltd (ACN 136 833 192), corporate authorised representative No. 339915 of Artesian Funds Management Pty Ltd (ACN 089 486 445, AFSL 259457). The venture business is conducted by Artesian Venture Partners Pty Ltd (ACN 112 089 488, ABN 58 112 089 488), which is owned by Artesian Capital Management Pty Ltd and holds AFSL 284492 in its own right. In the United States, Artesian Capital Management (Delaware) LP is registered with the SEC as an investment adviser, file number 801-129697, CRD 325768. In the United Kingdom, Artesian Capital Management (UK) LLP is authorised by the FCA, firm reference number 232156. In Singapore, Artesian Capital Management (Singapore) Pte. Ltd. holds a MAS Capital Markets Services licence for fund management. Individual funds name their own issuer, responsible entity and investment manager on the fund's own page. Not connected to any other firm of the same name. Canonical site: https://www.artesianinvest.com All pages are server-rendered: the HTML you fetch is the full content. ## Terms Artesian defines - **Venture Capital as a Service (VCaaS)**: Artesian's model of building and operating customised venture capital programs for institutions, rather than pooling them into one generalist fund. Fourteen mandates operate on this model, through four routes in: Financial Sole-LP Funds, Strategic Sole-LP Funds, Modular VC Infrastructure and Transition Mandates. Details: https://www.artesianinvest.com/ventures/backers#pathways - **Sole-LP venture fund**: a dedicated venture fund built around a single institutional backer's mandate, the core structure of VCaaS. The backer sets the thesis; Artesian supplies the infrastructure, sourcing and execution. - **Builders**: the companies Artesian backs. **Backers**: the institutions deploying capital through Artesian. The firm uses these terms in place of "founders" and "LPs". - **Carbon yield**: tonnes of CO2e avoided or reduced annually per $1 million invested, the impact measure used by Artesian's green bond strategies. - **Transition mandate**: an existing venture portfolio moved onto the same infrastructure that runs Artesian's sole-LP funds, so follow-on value is protected at one end and dormant holdings are realised at the other. A subset of VCaaS, not a separate business, and not corporate-only: governments, universities, industry bodies and superannuation funds reach it on the same terms, usually when a programme outlives the strategy that created it. A portfolio in this position has three paths: sell it, run it off, or transfer it to specialist management. Artesian assesses which applies before any mandate is written, and has advised and consulted on transitions without yet running one. Details: https://www.artesianinvest.com/ventures/backers#pathways - **Funds Administration as a Service (FAaaS)**: back-office infrastructure for emerging fund managers, including licensing arrangements, administration, compliance and reporting. Details: https://www.artesianinvest.com/ecosystem - **Innovation advisory**: mandate and ecosystem design before capital is committed; a fund is one possible instrument, not the starting assumption. - **Portfolio scale**: Artesian has backed 600+ companies. The portfolio shown on the builders page is a selection of those, not the whole book. ## Key pages - https://www.artesianinvest.com/ : the firm at a glance - https://www.artesianinvest.com/ventures/backers : VCaaS and the Sole-LP model, with the fourteen mandates and a 28-question FAQ in four groups: how a sole-LP fund works; fit by institution type (governments, corporations, industry bodies, financial institutions, family offices and universities); fees, custody and governance; and advisory, innovation infrastructure, multi-LP vehicles and Funds Administration as a Service - https://www.artesianinvest.com/ventures/builders : investment thesis, the six sectors, a portfolio selection, and a 17-question builder FAQ covering stage and pre-revenue investing, hardware and deep tech, geography, how to pitch, common misconceptions, who makes the decision, conflicts, NDAs, leading rounds and follow-on capital. Artesian's answer to how it differs from traditional venture: a pooled fund is built first and filled afterwards, so its ten year life and its preference for capital-light businesses are fixed before anyone applies, where a sole-LP fund is built around one institution's problem and its horizon and cheque size follow what solving that takes. The two models are presented as having different ambitions rather than as rivals. - https://www.artesianinvest.com/debt/focus : the fixed income platform, active in green bonds since 2013, with a seven-question debt FAQ - https://www.artesianinvest.com/debt/funds : the five debt funds in one index, with the B Corp and PRI certifications - https://www.artesianinvest.com/debt/funds/australian-corporate-bond : Artesian Corporate Bond Fund (AUD) - https://www.artesianinvest.com/debt/funds/green-sustainable-bond-aud : Green & Sustainable Bond Fund (AUD), launched 2020, Australia's first short-duration green bond fund - https://www.artesianinvest.com/debt/funds/green-sustainable-bond-nzd : Green & Sustainable Bond Fund (NZD) - https://www.artesianinvest.com/debt/funds/short-duration-corporate-bond-nzd : Short Duration Corporate Bond Fund (NZD) - https://www.artesianinvest.com/debt/funds/short-duration-green-bond-etf : Carbon Collective Short Duration Green Bond ETF (CCSB), Nasdaq-listed, sub-advised by Artesian - https://www.artesianinvest.com/sustainability : impact reporting, emissions commitments and annual impact reports - https://www.artesianinvest.com/ecosystem : subsidiaries, precinct holdings and supported managers, including Funds Administration as a Service (FAaaS) - https://www.artesianinvest.com/insights : articles and research - https://www.artesianinvest.com/post/winding-down-cvc-portfolio-still-needs-a-plan : Artesian's long-form argument on what happens to a venture portfolio when the programme that created it ends. Three decisions rather than one, the three paths available (sell, run off, transfer to specialist management), what a transition mandate does, and a stated disclosure of the adviser's own conflict in recommending one. Published 31 August 2026 - https://www.artesianinvest.com/zh : a Simplified Chinese introduction to the firm ## About Artesian, one link per answer Nine answers on the home page, in three groups, each with its own anchor. ### What Artesian is - What is Artesian Capital Management? https://www.artesianinvest.com/#faq-what-is-artesian - How large is Artesian, and where does it operate? https://www.artesianinvest.com/#faq-size-and-offices - Is Artesian regulated? https://www.artesianinvest.com/#faq-regulated ### How Artesian invests - What advantages does a boutique alternative asset manager have? https://www.artesianinvest.com/#faq-boutique-advantage - How do Artesian's investment approaches differ across fixed income and venture? https://www.artesianinvest.com/#faq-what-artesian-invests-in - What is Venture Capital as a Service (VCaaS)? https://www.artesianinvest.com/#faq-what-is-vcaas - What makes Artesian different? https://www.artesianinvest.com/#faq-what-makes-artesian-different ### Working with Artesian - Who does Artesian work with? https://www.artesianinvest.com/#faq-who-artesian-works-with - How do institutions and investors access Artesian's funds? https://www.artesianinvest.com/#faq-how-to-access ## Backers FAQ, one link per answer Each answer below has its own anchor. Opening the link expands that answer with no JavaScript, so the fragment is a stable citation for a single answer rather than for the page. ### How a sole-LP fund works - What is VCaaS (Venture Capital as a Service)? https://www.artesianinvest.com/ventures/backers#faq-vcaas - How is a sole-LP mandate different from a traditional VC fund, or from a position in one? https://www.artesianinvest.com/ventures/backers#faq-sole-lp - Is this just corporate venture capital (CVC)? https://www.artesianinvest.com/ventures/backers#faq-not-cvc - How much control does the backer retain? https://www.artesianinvest.com/ventures/backers#faq-control - Can a sole-LP fund deliver both financial and strategic returns? https://www.artesianinvest.com/ventures/backers#faq-dual-returns - How flexible is the investment strategy over time? https://www.artesianinvest.com/ventures/backers#faq-flexibility - What role does the institution play beyond capital? https://www.artesianinvest.com/ventures/backers#faq-beyond-capital - How does this improve access to deal flow? https://www.artesianinvest.com/ventures/backers#faq-deal-flow ### Fit by institution type - How does a government establish an innovation investment fund? https://www.artesianinvest.com/ventures/backers#faq-government - Can an industry organisation use venture investment to accelerate innovation in its sector? https://www.artesianinvest.com/ventures/backers#faq-industry-body - How does a corporation launch a venture programme without building a venture team? https://www.artesianinvest.com/ventures/backers#faq-corporate - What does a venture mandate give a superannuation fund or financial institution that fund positions do not? https://www.artesianinvest.com/ventures/backers#faq-super-fund - How does a family office invest in venture on its own terms? https://www.artesianinvest.com/ventures/backers#faq-family-office - How does a university turn research and student ventures into investable companies? https://www.artesianinvest.com/ventures/backers#faq-university - We already have a venture portfolio or fund we no longer want to manage directly. What are the options? https://www.artesianinvest.com/ventures/backers#faq-legacy-portfolio - What is the minimum commitment to start a mandate? https://www.artesianinvest.com/ventures/backers#faq-minimum ### Fees, custody and governance - How is Artesian paid? https://www.artesianinvest.com/ventures/backers#faq-fees - If a company fits two mandates, which one gets it? https://www.artesianinvest.com/ventures/backers#faq-allocation - Who holds the assets, who values them, and who audits the fund? https://www.artesianinvest.com/ventures/backers#faq-custody - What happens if the people who built our mandate leave? https://www.artesianinvest.com/ventures/backers#faq-key-person - How long before we can tell whether this is working? https://www.artesianinvest.com/ventures/backers#faq-how-long - What if our priorities change, or we want to stop? https://www.artesianinvest.com/ventures/backers#faq-stop - What if we get financial returns but no strategic value, or the reverse? https://www.artesianinvest.com/ventures/backers#faq-returns-diverge - How are exits achieved, and what happens if we want to acquire the company ourselves? https://www.artesianinvest.com/ventures/backers#faq-exits ### Advisory, infrastructure, FAaaS - Can Artesian help design an innovation strategy before any capital is committed? https://www.artesianinvest.com/ventures/backers#faq-strategy-design - Does Artesian build innovation infrastructure, or only fund it? https://www.artesianinvest.com/ventures/backers#faq-infrastructure - What is a multi-LP fund, and why does Artesian create one? https://www.artesianinvest.com/ventures/backers#faq-multi-lp - What is Funds Administration as a Service (FAaaS)? https://www.artesianinvest.com/ventures/backers#faq-faaas ## Builders FAQ, one link per answer Each answer below has its own anchor, on the same basis as the backers index above: opening the link expands that answer with no JavaScript, so the fragment is a stable citation for a single answer rather than for the page. ### Sectors, stage and geography - How is Artesian different from traditional VC? https://www.artesianinvest.com/ventures/builders#faq-vs-traditional-vc - What are some common misconceptions about Artesian? https://www.artesianinvest.com/ventures/builders#faq-misconceptions - We have been told we are not venture-backable. Does that rule us out? https://www.artesianinvest.com/ventures/builders#faq-not-backable - What sectors does Artesian invest in? https://www.artesianinvest.com/ventures/builders#faq-sectors - Do you invest in hardware and deep tech? https://www.artesianinvest.com/ventures/builders#faq-hardware - What stage do you invest at, and do you invest before revenue? https://www.artesianinvest.com/ventures/builders#faq-stage - Where do you invest geographically? https://www.artesianinvest.com/ventures/builders#faq-geography ### Pitching, diligence and NDAs - How do I pitch Artesian? https://www.artesianinvest.com/ventures/builders#faq-how-to-pitch - What happens after I submit the pitch form? https://www.artesianinvest.com/ventures/builders#faq-after-pitch - What are you looking for in the first conversation? https://www.artesianinvest.com/ventures/builders#faq-first-conversation - Who actually makes the investment decision? https://www.artesianinvest.com/ventures/builders#faq-who-decides - Do you back companies that compete with each other? https://www.artesianinvest.com/ventures/builders#faq-competitors - Do you sign NDAs? https://www.artesianinvest.com/ventures/builders#faq-ndas ### Leading, follow-ons and support - Do you lead rounds? https://www.artesianinvest.com/ventures/builders#faq-lead-rounds - Do you invest again in later rounds? https://www.artesianinvest.com/ventures/builders#faq-follow-on - How do you think about exits? https://www.artesianinvest.com/ventures/builders#faq-exits - What do builders get beyond capital? https://www.artesianinvest.com/ventures/builders#faq-beyond-capital ## Debt FAQ, one link per answer Seven answers on the fixed income platform, each with its own anchor, on the same basis as the two indexes above. - What makes Artesian different from other credit managers? https://www.artesianinvest.com/debt/focus#faq-different - What is Artesian's investment approach? https://www.artesianinvest.com/debt/focus#faq-approach - How does the investment process work? https://www.artesianinvest.com/debt/focus#faq-process - How does Artesian manage risk? https://www.artesianinvest.com/debt/focus#faq-risk - How does Artesian integrate ESG into its debt strategies? https://www.artesianinvest.com/debt/focus#faq-esg - What debt funds does Artesian offer? https://www.artesianinvest.com/debt/focus#faq-funds - How does Artesian approach portfolio construction? https://www.artesianinvest.com/debt/focus#faq-construction ## Notes for accuracy - Performance figures on fund pages are the published ones and carry their own as-at dates; quote them with those dates. - The Short Duration Corporate Bond Fund (NZD) page shows the track record of its underlying Australian fund, labelled as such; the NZD fund has no published series of its own. - Emissions commitments are for operational emissions against a 2021/22 baseline, not financed emissions. - Builders' backers are described as active rather than passive: they run pilots, they buy, and some have acquired portfolio companies. Artesian also states that its capital source is uncorrelated with venture capital, coming from government budgets, corporate balance sheets and industry levies. - Transition mandates: Artesian has advised and consulted on moving an existing venture portfolio onto its infrastructure and has not yet run such a mandate. It is offered as a capability, not described as a track record. - The firm's words are "builders" for the companies it backs and "backers" for the institutions deploying capital. It does not call them "founders" or "LPs". On the debt pages "investors" is the correct and intended noun.