Artesian Capital Management is an alternative investments management company, which was spun out of ANZ Banking Group's capital markets business in 2004, with backing from ANZ Private Equity. Artesian's founding partners, purchased ANZ's stake in 2005. The company has subsequently been fully owned by partners and staff. Since 2004, Artesian has managed specialised funds focused on credit arbitrage and relative-value strategies across global financial markets. In 2009, while continuing to manage credit relative value investment strategies from its New York, London and Singapore offices, Artesian began to make principal investments in seed/early-stage ventures from its offices in Sydney, Melbourne and Shanghai. In 2011, Artesian launched the first of its early stage venture capital funds, the $10M Sydney Angels Sidecar Fund. Artesian's venture capital investment management strategy is to create co-investment funds with specialist partners such as accelerators, incubators, angel groups and universities. In early 2013 Artesian launched the $10M Slingshot Venture Fund, in partnership with the Hunter Valley based regional accelerator