1. Anchorage Capital Partners
Overview: Anchorage Capital Partners is a specialised private equity firm focused on operational turnarounds and transformational investments across Australasia. Established in 2007 and headquartered in Sydney, Anchorage is recognised as one of the few dedicated operational turnaround managers in Australia. The firm partners closely with management teams to deliver sustainable earnings improvement through active engagement, operational expertise, and disciplined execution. Anchorage currently manages three funds with approximately A$810 million in assets under management.
Focus: Anchorage targets mid-market businesses, typically with over A$100 million in revenue, that have strong market positions but are underperforming or facing complex transitions. The firm is industry agnostic, investing across industrials, retail, and financial services technology, while avoiding early-stage start-ups, mineral exploration, or real estate. Its primary focus is on companies headquartered in Australia and New Zealand, with selective investments in Southeast Asia. Anchorage’s proprietary turnaround framework emphasizes collaborative partnerships with management teams and operational transformation to unlock value.
2. Pacific Equity Partners
Overview: Pacific Equity Partners is Australia's largest and oldest private equity firm, managing A$17 billion in assets under management across multiple strategies. Founded in 1998 and based in Sydney, PEP has completed over 200 investments, representing more than A$54 billion in transaction value, and has delivered an average 28% net IRR per annum across its closed-end funds. The firm is repeatedly recognised as an industry leader, receiving numerous awards including Firm of the Year from the Australian Investment Council in 2024 and 2025, and being ranked among Preqin’s Top 20 Global Consistent Performers.
Focus: PEP invests primarily in established mid-to-large enterprises across Australia and New Zealand. The firm focuses on buyouts, growth capital, and bolt-on acquisitions across industries such as consumer, healthcare, industrials, services, and technology. Its investment model is defined by a high-performance and partnership-driven culture, rigorous analytical processes, and long-standing relationships with senior executives and entrepreneurs. The team shares over 650 years of collective experience and integrates responsible investing principles, with ESG considerations embedded into every stage of the investment process.
3. Roc Partners
Overview: Roc Partners is a leading Australian private markets investment manager with over A$9 billion in assets under management. The firm operates from offices in Sydney, Melbourne, Hong Kong, and New York, and manages capital on behalf of institutional investors, superannuation funds, and family offices. Roc Partners follows a global investment platform rooted in sustainability and long-term partnership, with a local emphasis on Australia and New Zealand direct investments. This AUM reflects recent market movements and current portfolio allocations.
Focus: Roc Partners invests across the full spectrum of private markets, spanning private equity, private credit, and real assets, with over 600 investments globally. The firm’s strategy emphasizes a sustainable and forward-looking approach that generates long-term value for companies, investors, and communities, with a local concentration on direct investments in Australia and New Zealand.
4. Quadrant Private Equity
Overview: Quadrant Private Equity is a Sydney-based private equity firm founded in 2006 by Chris Hadley, who continues to serve as Executive Chairman. The firm has raised more than A$1.5 billion across its funds as of 2025, according to recent industry disclosures, and continues to focus on building meaningful growth partnerships with founders, families, and management teams across Australia and New Zealand. Quadrant has completed over 100 investments and achieved 70 successful exits, leveraging expertise in buyout, growth, and strategic equity strategies.
Focus: Quadrant focuses on end-to-end private equity investing with strong credentials in supporting geographical expansion, product and service growth, and buy-and-build strategies. The firm leverages deep sector experience, long-standing relationships within Australia’s business community, and expertise in preparing businesses for successful exits through trade sales, secondary buyouts, or IPOs. Quadrant’s funds span buyout, growth, and strategic equity strategies, positioning it as one of the region’s most awarded firms, six-time winner of Private Equity Firm of the Year and twenty-six-time winner of Deal of the Year.
5. Adamentem Capital
Overview: Founded in 2016, Adamantem Capital is a Sydney-based private capital firm that has surpassed A$2 billion in assets under management as of mid-2025. The firm employs a strategy focused on value creation, strategic transformation, and sustainability integration, investing in mid-market businesses with potential for operational or ESG-driven transformation. Its disciplined investment philosophy centers on proactive origination and partnering closely with management teams to drive sustainable long-term growth.
Focus: Adamantem invests in mid-market businesses with clear potential for strategic, operational, or environmental transformation. Its disciplined investment philosophy is built around four principles: proactive origination, highly selective criteria, strategic transformation, and sustainability integration. With a focus on long-term value creation, Adamantem partners with management teams to go “beyond capital,” applying hands-on expertise to unleash growth and deliver sustainable outcomes for both investors and the broader community.
6. Allegro Funds
Overview: Allegro Funds is a leading Australasian private equity fund manager that manages approximately A$1–1.5 billion in total fund commitments as of 2025. The firm specializes in transforming underperforming or complex businesses in Australia and New Zealand, and has built its reputation on delivering operational and financial turnarounds. The previously cited higher figure included additional non-core assets not solely under private equity management.
Focus: Allegro invests in situations that require transformation, whether operational, financial, or strategic, turning complexity into performance. With a strong focus on mid-market opportunities, the firm restores momentum to constrained or underperforming businesses and drives lasting results. Allegro has delivered an overall net IRR of 31% and a 3.5× realised return on invested capital, underscoring its reputation as one of the most effective turnaround investors in the region.
7. Gresham Property
Overview: Gresham Property is a Sydney-based investment firm that forms part of the broader Gresham Group, established in 1985. The business specializes in real estate and private debt solutions across Australia, leveraging decades of experience in corporate advisory, capital structuring, and financing. The firm provides expertise across residential, mixed-use, student accommodation, and commercial property sectors.
Focus: Gresham Property focuses on delivering tailored financing and investment solutions for real estate projects, including construction funding, residual stock facilities, and development-adjacent funding. It partners with landowners, developers, and institutional investors to deliver flexible capital solutions and optimize project outcomes.
8. Crescent Capital Partners
Overview: Crescent Capital Partners is a Sydney-based alternative asset manager founded in 2000. Originally focused on mid-market private equity buyouts, Crescent has evolved into a multi-strategy firm spanning private equity, private credit, and listed equities. It is widely recognized as one of Australasia’s leading mid-market investment firms with a strong track record of performance and long-term partnerships.
Focus: Crescent Capital Partners invests in mid-market companies in Australia and New Zealand, typically targeting enterprise values between A$50 million and A$300 million. The firm focuses on active ownership and operational improvement, partnering closely with management to accelerate growth. Its investment strategy emphasizes hands-on engagement, value creation, and diversification across asset classes.
9. Vantage Asset Management Pty Limited
Overview: Vantage Asset Management is an independent Australian investment manager founded in 2004, with offices in Sydney and Melbourne. The firm specializes in private equity fund-of-funds and co-investment strategies, providing institutional and high-net-worth investors with diversified access to private equity opportunities.
Focus: Vantage focuses on mid-market private equity, targeting growth, turnaround, and buyout opportunities. Through its fund-of-funds and co-investment platforms, Vantage partners with leading private equity managers in Australia and internationally to deliver diversified exposure and attractive long-term returns.
10. Federation Asset Management
Overview: Federation Asset Management is a Sydney-based private markets investment firm founded in 2018. The firm manages investments across real assets, infrastructure, and private operating companies, with an emphasis on sectors that combine commercial performance with social and environmental impact.
Focus: Federation focuses on investing in renewable energy, social infrastructure, healthcare, education, and real estate. The firm seeks to generate strong financial returns alongside positive societal outcomes, following its philosophy of “profit with principles.” Its portfolio includes assets supporting Australia’s energy transition, community housing, and sustainable infrastructure development.
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