In February 2020, the VPEG4 investment committee approved a commitment of $10 million to Adamantem Capital Fund II (ACF II).
ACF II is managed by Adamantem Capital Management Pty Limited (www.adamantem.com.au) of Sydney, Australia. ACF II is a (target) $750 million fund focusing on investment into attractive mid-market expansion and buyout opportunities in Australia and New Zealand.