30 November 2017 VPEG3 investee, Adamantem Capital Fund 1 today announced the acquisition of Hygain Holdings Pty Ltd a premium Australian horse feed producer established in 1983. Hygain specialises in high performance, Equestrian, Stud and Supplement products backed by an uncompromising commitment to equine excellence. Products are created using only the finest certified ingredients, apply the strictest quality controls and…
29 November 2017 VPEG3 Quarterly Investor Report for the 3 months ending 30 September 2017 Special Points of Interest; VPEG3 commits $12m to Allegro Fund III, a $280m mid market transformational capital specialist, managed by Sydney, Australia based, Allegro. VPEG3 completes an additional $2m commitment to the Advent Partners 2 Fund bringing VPEG3’s total commitment to this fund to $10m….
28 November 2017 Vantage Private Equity Growth 3 today announced that it had completed a $10 million investment commitment to Anchorage Capital Partner’s Fund III managed by Sydney, Australia headquartered Anchorage Capital Partners Pty Limited (Anchorage). Anchorage was formed in 2007 as a dedicated private equity firm that focuses on control investments in established businesses with a strong market position…
31 October 2017 The 2017 Annual General Meeting (AGM) for Vantage Private Equity Growth 3 LP (VPEG 3) will be held at 12.00pm AEDST, Tuesday 21 November 2017 at L17, 8 Chifley Square, Sydney NSW 2000. Fund Performance Highlights since Inception (January 2017) to 30 June 2017 First Close Completed 16 January 2017 Unconditional Registration received by the Innovation Investment Committee…
11 October 2017 Allegro Fund III today announced the acquisition of New Zealand’s Leading footwear retail group, which includes Number One Shoes “NOS” and R Hannah & Co “Hannahs”. NOS and Hannahs together have a total of 112 stores across New Zealand and greater than 30% share of the growing value and middle segment of the NZ footwear market. NOS…
8 September 2017 Vantage Private Equity Growth 3 today announced that it had completed a $12m investment commitment to the Allegro Fund III. Allegro Fund III is managed by Sydney based Allegro (www.allegrofunds.com.au) an independently owned Australian fund manager investing primarily in mid-market businesses within Australia and New Zealand. Allegro currently manages more than $1.0 billion of enterprise value in…
31 August 2017 Vantage Private Equity Growth 3 today announced that it had completed a co-investment into Fitzpatrick Financial Group. VPEG3 co-invested with Yorkway Partners in Fitzpatrick Financial Group who, together with Quadrant Private Equity, funded the acquisition of a strategic acquisition, Retirement Victoria. Yorkway and Quadrant will partner with the key management team and shareholders of Fitzpatricks including John…
30 August 2017 Vantage Private Equity Growth 3 today announced that it had completed a $10m investment commitment to the Advent Partners 2 Fund. The Advent Partners 2 Fund is managed by leading Australian mid-market buyout firm, Advent Partners of Melbourne. Advent Partners 2 is targeting total commitments from investors of $300m, for investment into lower to mid-market expansion and buyout…
30 June 2017 During April 2017, VPEG3 investee, Adamantem Capital Fund 1, entered into a binding agreement to acquire a majority shareholding of Wellington-based Heritage Lifecare Limited, a New-Zealand age-care and retirement village operator. Heritage Lifecare is known for its premium portfolio of properties and its strong operational focus on resident care. Heritage Lifecare has 19 facilities with approximately 969 beds and…
12 May 2017 Vantage Private Equity Growth 3 today announced it had completed an Investment Commitment of $7m to Odyssey Private Equity Fund 8. Odyssey Private Equity Fund 8 is a $275m growth capital fund, managed by Sydney, Australia based, Odyssey Private Equity (Odyssey) Odyssey was established in early 2017 by Gareth Banks, Jonathan Kelly and Paul Readdy, former CHAMP Ventures…