First State Super and HOSTPLUS join the LP roster for Blackbird Ventures' latest tech fund
EMR Capital has agreed to buy Australia's Mt. Gordon copper mine from its current owner, India's Aditya Birla Minerals, for A$15 million ($10.8 million).
Pacific Equity Partners (PEP) has closed its fifth Australia and New Zealand-focused fund at the hard cap of A$2.1 billion ($1.5 billion). The vehicle came in oversubscribed as LP interest grew following a string of exits by the GP over the past 18 months.
Allegro Funds has exited its majority stake in Australia-based industrial services provider TSC Group to multinational energy player Engie.
Pacific Equity Partners (PEP) has agreed to buy Academic Colleges Group (ACG), New Zealand’s largest private provider of school education, university foundation studies and tertiary training programs.
Anchorage Capital Partners has won the support of rival bidder G8 Education for its acquisition of Australian childcare business Affinity Education after submitting an improved offer.
Australia-based venture capital firm Blackbird Ventures has raised A$200 million ($143 million) for its second fund, winning support from local superannuation funds First State Super and HOSTPLUS.
Crescent Capital Partners has submitted a takeover offer for Cardno, a listed Australian engineering company that focuses on developing physical and social infrastructure projects.
Oaktree Capital Management will contribute to a $175 million restructuring package for Australian surfwear brand Quiksilver, which has voluntarily taken its US business into bankruptcy.
Australia-based Blue Sky Private Equity has acquired a significant minority stake in Origo Education, a mathematics tuition provider for primary school students.
Australia-based CHAMP Private Equity is set for a partial exit from Accolade Wines after agreeing to sell its 50% stake in UK-based drinks wholesaler Matthew Clark to Conviviality Retail, owner of a franchised off-license chain in the UK.
CHAMP Private Equity and Chilean conglomerate Sigdo Koppers have abandoned merger discussions with struggling Australian mining industry supplier Bradken.
Prospa, an online platform that focuses on lending to Australian small and medium-sized enterprises (SMEs) has raised A$60 million ($41 million) in a funding from a string of private equity firms.
Australia’s Future Fund continues to boost its exposure to private equity, with 10.8% of its assets – or A$12.6 billion ($8.8 billion) – deployed in the asset class as of June 2015. This follows an increase from 7.7% to 9.5% over the course of 2014.
Pacific Equity Partners (PEP) has completed its exit from Australian cleaning and catering contractor Spotless Group – which it privatized in 2012 and re-listed last year – through a A$374.3 million ($268.6 million) block trade.
Anchorage Capital Partners has agreed to buy Affinity Education for A$208.3 million ($150 million) after the Australian Securities Exchange-listed company spurned a rival offer from G8 Education.
Ben Gray, managing partner at TPG Capital, is preparing to set up his own private equity firm focused on investment opportunities in Australia.
QIC, an investment manager controlled by the Queensland government, has reached a first close of more than A$1 billion ($735 million) on its global infrastructure fund. The overall target is A$1.75 billion.
The Riverside Company has acquired in IPAR Rehabilitation, an Australia-based provider of injury prevention and management and rehabilitation services that minimize the impact of workplace injury and illness.
US cloud computing firm Salesforce has a led $7 million round for Australian marketing platform Autopilot, alongside Stage1 Capital. Existing investors include Rembrandt Venture Partners, Blackbird Ventures, Southern Cross Venture Partners, Garnett Ventures...
National Australia Bank (NAB) will set up a A$50 million ($36 million) fund to invest in start-ups that help enhance its financial services product offerings.
Costa Group, an Australia-based fresh fruit and vegetables producer controlled by Paine & Partners, is trading below its IPO price following a $550 million ($401 million) offering.
Australasia distress specialist Allegro Funds has announced the third investment from its second fund with the acquisition of a controlling stake in Carpet Court, a New Zealand-based flooring retailer.
Mining and metals investor Greenstone Resources has committed up to A$20 million ($14.6 million) to Heron Resources, an Australia-listed company currently developing a zinc-copper project in New South Wales.