Vantage Private Equity Growth Funds Combined Net Asset Value increases 33.8% across 2020
Vantage Private Equity Growth Funds Combined Net Asset Value increases 33.8% across 2020
The 2020 calendar year was one of continued growth for Vantage managed Funds. Despite the impacts and restrictions caused by the COVID-19 pandemic, the onset of Australia’s first recession in many years and extremely volatile public markets across the year, the combined Net Asset Value of Vantage’s Private Equity Growth Funds increased by 33.8% across the year. This growth was attributable to the strong operating performance of a majority of underlying companies across the portfolio, contributed to by an increase in business and consumer spending across the second half of the year.
VPEG2 continued to produce top performing returns for investors to 31 December 2020, with VPEG2A and VPEG2B having now delivered a net of fees return of 14.7% p.a. and 9.9% p.a. respectively, since the Fund’s final close in May 2015.
VPEG3 also significantly increased in value across 2020 such that as at 31 December 2020, the Fund had delivered a net of fees return of 23.0% p.a. since its final close in January 2019. This return ranks VPEG3 as the 4th best performing Private Equity fund of funds globally of the 62 fund of funds that commenced investing in 2017.
Read more in the latest Vantage Fund’s Newsletter March 2021.
