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Australian private equity and
venture capital significantly outperformed listed markets in 2015, according to data from the Australian Venture Capital and
Private Equity Association and Cambridge Associates.
PEI’s Research & Analytics
team took a closer look at the numbers and found that although returns are
strong, capital gathered for closed-ended funds has fallen. In 2015, $941 million
was raised from the close of five private equity funds focused exclusively on
Australia, a 63 percent fall on the previous year.
Meanwhile, the proportion of
foreign investment into the country has increased. Of total capital collected
in 2015, 67 percent was raised by fund managers headquartered outside of
Australia. Cayman Islands-based EMR Capital closed the largest vehicle in the
year, gathering $450 million for EMR Capital Resources Fund 1.
The struggles of
intergenerational change experienced by domestic firms such as CHAMP Ventures have been a factor in the proportional increase in foreign
investor capital in the market.
However, although no capital
has been raised yet in 2016 by either domestic or foreign firms, there are
currently 16 vehicles on the road targeting $15.6 billion to invest solely into
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