VPEG4 Completes First Close & Remains Open for Investment
Vantage Private Equity Growth 4 (VPEG4) recently completed its first close with more than 30 investors committing approximately $20m, enabling VPEG4 to commence its investment program. VPEG4 also remains open for investment for new investors and will conduct monthly closes until its target fund size of $100m is reached.
VPEG4 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.
VPEG4 will continue with the same successful investment strategy implemented by Vantage’s previous funds, which at 30 September 2019 had investments across 23 Australian Private Equity Funds, who in turn had invested in 122 companies across a broad range of industry sectors and had exited (sold) 51 of these investments generating a gross 2.5x multiple of invested capital. VPEG4 is targeting to deliver a net return after fees of 20% p.a. to investors over a four to six-year investment timeframe.
If you would like to learn more about VPEG4 please contact your wealth manager or financial adviser. Alternatively if you would like to receive a call or request a meeting with a Vantage executive to discuss VPEG4 please call +61 2 8211 0477 or email [email protected]
