PORTFOLIO
VPESO will create a portfolio of secondary investments into top quartile performing Private Equity funds focused on investing in the growth capital, turnaround, buyout and late expansion stages of Private Equity in Australia & New Zealand, as well as co-investments alongside those managers to which Vantage has an investment commitment to.
VPESO will make secondary acquisitions into top quartile performing private equity funds managed by the best performing managers in Australia & New Zealand, within the lower to mid-market segment, diversified across vintage year, manager style and financing stage. As a result, there will ultimately be over ~100 underlying portfolio company investments spread across Australia and New Zealand.
View VPESO’s current secondary private equity portfolio below.
SECONDARY PRIVATE EQUITY PORTFOLIO
| PRIVATE EQUITY FUND NAME | VINTAGE YEAR | INVESTMENT FOCUS | VPESO ACQUIRED COMMITMENT ($M) | TOTAL NO. OF INVESTEE COMPANIES | NO. OF EXITS |
|---|---|---|---|---|---|
| ADVENT PARTNERS 2 FUND | 2017 | MID MARKET EXPANSION / BUYOUT | $10.0 | 7 | 1 |
| ANCHORAGE CAPITAL PARTNERS FUND III | 2017 | MID MARKET EXPANSION / BUYOUT | $5.0 | 5 | 2 |
| VANTAGE PRIVATE EQUITY GROWTH 3 | 2019 | FUND OF FUNDS – LOWER TO MID MARKET GROWTH / BUYOUT / TURNAROUND | $6.70 | 50 | 10 |
| GENESIS CAPITAL FUND I | 2020 | LOWER TO MID MARKET GROWTH / BUYOUT | $1.10 | 8 | – |
| THE GROWTH FUND III | 2017 | MID MARKET EXPANSION / BUYOUT | $6.00 | 12 | 1 |
| VANTAGE PRIVATE EQUITY GROWTH 4 | 2021 | FUND OF FUNDS – LOWER TO MID MARKET GROWTH / BUYOUT / TURNAROUND | $1.10 | 31 | 1 |
| CO-INVEST NO. 1 (GULL NEW ZEALAND) | 2022 | MID MARKET SPECIAL SITUATIONS | $2.00 | 1 | – |
| CO-INVEST NO. 2 (COMPARE CLUB) | 2022 | LOWER TO MID MARKET GROWTH CAPITAL / BUYOUT | $2.00 | 1 | – |
| CO-INVEST NO. 3 (PAC TRADING) | 2023 | LOWER TO MID MARKET GROWTH CAPITAL / BUYOUT | $1.00 | 1 | – |
| TOTAL | $34.90 | 104 | 12 |