The Exchange Podcast Newsletter

November Catch-Up:?

Over the last month, we’ve had some critically important conversations with guests from some big-name firms.???

• Managing Partner Craig Emanuel sits down with Adrian MacKenzie, Founder and Partner of Five V Capital;

• Managing Partner Tim Whybourne speaks with two senior members of the Pantheon global private equity team, Charlotte Morris and Victor Mayer, about their new evergreen private equity fund coming to the Australian market;

• and Managing Partner Craig Emanuel sits down with Michael Lukin, Founder and Group Managing Partner of Roc Partners.?

Discover more about each episode and listen via the links provided below.

It’s Not the Horse that Wins the Race – it’s the Jockey on the Horse.

In this episode, Managing Partner Craig Emanuel sits down with Adrian MacKenzie, Founder and Partner of Five V Capital.

Adrian is a highly experienced investor with over 25 years of private equity experience. He has successfully led and managed Five V’s investments, including Ascender, Madman Film & Entertainment, Canva, Plenti, Education Perfect, the Probe Group, Zenith Investment Partners, Openway Food Co, Penten and Automic.?

Before founding Five V Capital, Adrian was a managing partner and board member at leading global private equity firm CVC Capital Partners, where he helped establish the Asia Pacific and Australian offices. Five V have invested across 45 Australian and NZ private businesses, taking an average ownership stake of 30%, and having allocated almost $2B of investor funds on behalf of 400 clients. Since inception, Five V’s funds have delivered realised returns of 63% IRR, with an average holding period of 2.9 years per investment.

During this podcast, Craig holds an in-depth discussion with Adrian on the secrets to searching for, selecting and partnering with outstanding founder-led businesses.?

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Another Groundhog Day… Or Groundhog Year. When Can Private Markets Break Out of This Cycle?

During this discussion, Managing Partner Craig Emanuel sits down with Michael Lukin, Founder and Group Managing Partner of Roc Partners.

Roc Partners have established themselves over the past 25 years as one of Australia’s most successful and reputed investors in mid-sized private companies, having made more than 400 investments and now managing more than $8 billion in investor capital. Roc has delivered superior returns of more than 29% IRR pa within Roc’s secondaries funds.

As Group MD, Mike is responsible for leading client relationships and investment activities in several global markets. He was one of the founding partners of Roc Partners following the management buy-out of Macquarie Group’s private markets business unit by its senior executives in June 2014. Mike currently serves as director of Roc Partners investee companies StoneAxe, Australia’s Oyster Coast, Hirepool, National Dental Care, and Infrastructure Advisory Group.?

During this podcast, Craig holds an in-depth discussion with Mike on how the Roc business originated, secondaries markets, how investors can access secondaries, lessons learned in founding one of the country’s most respected investment firms, current private market industry dynamics, and global outlook.?

Pantheon Global Private Equity Fund (Victor Mayer and Charlotte Morris): What has 40 years in Private Markets Taught You??

Managing Partner, Tim Whybourne, speaks with two senior members of the Pantheon global private equity team Charlotte Morris and Victor Mayer about their new evergreen private equity fund coming to the Australian market.

Pantheon is a global private asset manager managing over 65bn in discretionary assets across a range of private equity investments. They have 11 offices and 125 investment professionals around the world. They have been at the forefront of private markets investing for more than four decades, driving long-term value creation for their clients through strategies covering the full investment lifecycle.

The Pantheon Global Private Equity Fund (PGPE) aims to provide professional investors around the world with unique exposure to a diversified private equity portfolio sourced by Pantheon’s global investment team. PGPE focuses on secondaries and co-investments, offering diversification by manager, stage, geography, vintage year and industry, all through a single allocation.

Victor Mayer is a managing director and portfolio manager at Pantheon in London and a member of Pantheon’s European Investment team, where he focuses on the origination, analysis and execution of primary investments and co-investments. Before joining Pantheon, Victor was a Director at HSBC Alternatives Ltd, where he worked on primary fund investments, secondaries and co-investments across Private Equity, Private Debt and Impact.?

Charlotte Morris is a partner in Pantheon’s Global Secondaries Team and is responsible for co-managing the activities of Pantheon International PLC (PIP). She is involved in all aspects of Pantheon’s secondaries business including the analysis, evaluation and completion of secondary investment opportunities. She serves as a member of Pantheon’s Global Secondaries Investment Committee and Sustainability Committee and is engaged across Pantheon’s transactional investment activities. Charlotte received a master’s degree in mathematics from Cambridge.

To discover more about each episode, head to ‘The Exchange by EWL Private Wealth’ on Apple Podcasts.

Disclaimer:

The information in this podcast series is for general financial and educational purposes only, should not be considered financial advice, and is only intended for wholesale clients. That means the information does not consider your objectives, financial situation, or needs. Consider if the information is appropriate for you and your needs. You should consult your trusted licensed professional adviser before making any investment decision.