However, Wypler says the team’s real “superpower” comes from buy-in from senior executives throughout the bank.
“It gives us a real advantage in terms of visibility within the bank. These companies are a part of the family and we want to do something with them. There is a strategic reason why we made that investment,” he says.
“Having the perspective [of executive leaders] is extremely valuable to make sure our thesis behind these investments aligns to the bank. [Executives] can draw on [their] experiences and give that knowledge back to the companies we're looking to invest in and that we have invested in.”
With seven portfolio companies under the belt in the first year, Wypler says ANZi’s speed and flexibility has been unique compared with competitors domestically and globally.
Wypler explains these companies in more detail, as well as what’s next for ANZi, in the podcast linked above.
Nick Higginbottom is Senior Manager, Media Relations at ANZ