A position condition or situation that leads to superiority or advantage

During December 2021, Vantage Private Equity Growth 5 (VPEG5) completed its first close with more than 212 investors committing approximately $37.0 million, enabling VPEG5 to commence its investment program. With additional capital raised across 2022, VPEG5 has now committed $158 million across 8 private equity funds and three co-investments and is establishing a diverse portfolio of private equity investments with seven companies already held within the portfolio.

VPEG5 also remains open for investment for new investors and will conduct monthly closes until its target fund size of $250 million is reached.

VPEG5 is an Australian Private Equity Fund of Funds established to provide investors with access to the superior returns consistently delivered by the top performing Later Expansion and Buyout Private Equity Funds in Australia.

VPEG5 will continue with the same successful investment strategy implemented by Vantage’s previous funds, which at 30 September 2022 had investments across 29 Australian Private Equity Funds, who in turn had invested in 157 companies across a broad range of industry sectors and had exited (sold) 79 of these investments generating a gross 3.1x multiple of invested capital for an average gross Internal Rate of Return of 58.2% per annum. VPEG5 is targeting to deliver a net return after fees of 20% p.a. to investors over a four to six-year investment timeframe.