Education

2022 Investment Recap

Acorn Capital Expansion

Type

Private Equity

Duration

5-15 years

Amount raised

$9.3M

Projected Return

20+%1RR

Deal summary

Equity investments in innovative Australian companies in early stage of their development, with high growth prospects.

Partners Private View

Acorn's in-house research specialists and operations team gives them significant sector experience, and the ability to work with portfolio companies to grow their earnings and business. Partners Private are confident in Acorn's capabilities, and their ability to identify and invest in profitable Australian companies, previously proven through their track record.

Vantage Private Equity

Type

Private Equity

Duration

4-6 years

Amount raised

$16.3M

Projected Return

20+%1RR

Deal summary

Equity investments in growth focused private companies in Australia. Access to a collection of top tier Australian managers, providing participation in Co­ Invest opportunities.

Partners Private View

Vantage Private Equity Growth 4 & 5 Funds provide investors with a quality entry point to Private Equity investing, being a diversified pool of portfolio companies, run by 6-8 experienced fund managers. Vantage targets late-stage, middle market private companies with positive cash flows which further reduces the risk taken on by investors. It is this diversification and mix of managers, which is why Partners Private has taken it to market.

 

PEC Management Rights

Type

Mezzanine Debt

Duration

7 years

Amount raised

$8M

Projected Return

15+%1RR

Deal summary

Portfolio of 20+ year contracts to manage the business of on-site caretaking and letting within residential community body corporates.

Partners Private View

The sector is a market that Tessa Developments know well and has invested in previously. The underlying contracts of managing these businesses have strong credit support and long-dated leases, in excess of 20+ years. Tessa is set to capitalize on a number of assets coming onto the market, with a large player looking to liquidate their portfolio of >$25m worth of assets. Providing mezzanine debt to Tessa will allow them to take advantage of this and entrench their portfolio in the market.

 

Dexus Real Estate Partnership 1 Fund

Type

Property Equity

Duration

7+ years

Amount raised

$42M

Projected Return

15+%1RR

Deal summary

Opportunistic fund aiming to capitalise on mispriced assets, including property repositioning, development and special situations, originated through the Dexus platform.

Partners Private View

Dexus have created the Dexus Real Estate Partnership 1 Fund as an opportunistic property strategy, designed to capitalise on the dislocation in the property market, which has come about through the recent interest rate hikes, and institutions that are selling at distressed prices. Partners Private bring this to market due to Dexus' extensive capability, experience and strong track record. Partners Private created a special purpose vehicle, allowing investors to access the Fund in $100,000 parcels, when typically access is limited to institutions and large family offices who invest >$1Om per investment.

 

Harvest Pub Fund 1

Type

Property Equity

Duration

3-5 years 

Amount raised

$4M

Projected Return

18+%1RR

Yield

7.5% p.a. paid quarterly

Deal summary

Fund focused on building portfolio of large format hotels (land and operating business) across the East Coast of Australia.

Partners Private View

Harvest Hotels have developed a strong track record across the past 9 years, buying and developing pubs in regional areas. Harvest have a proven method, and have created qualitative and quantitative screening methods which screen out any pubs which may not be suitable. Partners Private have invested across all three Pub Funds, and has a high conviction.

 

Harvest Pub Fund 3

Type

Property Equity

Duration

3-5 years 

Amount raised

$10M

Projected Return

18+%1RR

Yield

8% p.a. paid quarterly

Deal summary

Fund focused on building a portfolio of large format hotels in outer metro areas in Adelaide, S.A. Manager has deep expertise in bringing the benefits of scale and growing earnings (bar, food, gaming).

Partners Private View

Harvest Hotels have developed a strong track record across the past 9 years, buying and developing pubs in regional areas. Harvest have a proven method, and have created qualitative and quantitative screening methods which screen out any pubs which may not be suitable. Partners Private have invested across all three Pub Funds, and has a high conviction.

 

Clifftop Main & Camp

Type

Property Equity

Duration

1.75 years

Amount raised

$4M

Projected Return

12+%1RR

Deal summary

Development of luxury accomodation in Daylesford. Risk heavily mitigated through preferred return structure.

Partners Private View

Clifftop Main & Camp is an attractive investment due to strong COVID tail-winds, with many Australian's opting to travel regionally rather than internationally with continued risks abroad. This heightened internal travel has created additional demand for luxury accomodation in regional areas.

 

Avari Mamre Road Fund

Type

Property Debt

Duration

11 months

Amount raised

$10M

Projected Return

11+%1RR

Yield

BBSW +8% p.a. paid monthly

Deal summary

Short-term loan with 57% LVR (as is value) made against land in high growth industrial estate. Interest paid monthly.

Partners Private View

Partners Private took this opportunity due to the strong risk-adjusted returns, having significant credit support through asset backing, popular high-growth industrial area and attractive terms. The investment was popular amongst investors as the demand for income remains strong.

 

Banner Property Fund

Type

Property Debt

Duration

Open ended

Amount raised

$8.5M

Projected Return

9-11+%1RR

Yield

BBSW +8% p.a.paid monthly

Deal summary

Short-term senior secured loans against land, residential construction, residential subdivisions, commercial construction properties. Maximum LVR of 75%.

Partners Private View

Partners Private have established two exclusive funds with the Banner Asset Management team, being a blend of underlying loans to land, construction, subdivisions and other commercial properties. This diversified book of loans, Banner's strong track record and the rising rate environment provides an attractive investment.

 

Banner Low LVR Fund

Type

Property Debt

Duration

Open ended

Amount raised

$12M

Projected Return

7-9+%1RR

Yield

BBSW +5% p.a.paid monthly

Deal summary

Short-term senior secured loans against land, residential construction, residential subdivisions, commercial construction properties. Maximum LVR of 50%.

Partners Private View

Partners Private have established two exclusive funds with the Banner Asset Management team, being a blend of underlying loans to land, construction, subdivisions and other commercial properties. This diversified book of loans, Banner's strong track record and the rising rate environment provides an attractive investment.