October Catch-up: Private Markets & PE

This year, we’ve had a significant goal to shed light on the opportunities in private equity, private investments, and private finance. In Australia, investors have largely been underserved and have had difficulty accessing these opportunities. Thankfully, this is changing.?

So, we thought it timely to bring you a roundup of some of our most recent guests to share on these areas!???

• One of our Managing Partners, Tim Whybourne, caught up with Steve Byrom, Founding Partner of Potentum Partners;

• Partner and Private Wealth Manager Ryan Loehr spoke with Peter Beske Nielsen, the Global Head of Private Wealth for EQT;

• We hosted an in-depth conversation with Joe Millward, Founding Partner of Epsilon Direct Lending, on navigating the waters of private credit;

• and Managing Partner Tim Whybourne caught up with Cameron Blanks, a Managing Director of Pacific Equity Partners, one of the country's leading and most active private equity managers with over A$10 billion in assets under management.?

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

Steve Byrom (Potentum Partners Private Equity): The Opportunity in Global Secondaries

In this discussion, one of our Managing Partners, Tim Whybourne, catches up with Steve Byrom of Potentum Partners. Steve is a Founding Partner of Potentum Partners. Prior to Potentum Partners, Steve spent 11 years as Head of Private Equity and Investment Committee member at Future Fund, Australia’s sovereign wealth fund. He led the team that created Future Fund’s private equity strategy, building a $27.5bn investment program.

During the discussion, they cover everything from the lessons learned about investing in private equity for the Australian Future fund and the connections formed during this time that are pivotal to the success of their current private equity business. We cover the basics of what private equity, secondaries and primary transactions look like and highlight some of the key deals they have done in recent times, why it is important to invest in the top half of Private equity performers and the importance of continuing to allocate to private equity throughout a cycle. Potentum partners are currently raising capital for their new semi-liquid secondaries fund.

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Peter Beske Nielsen (EQT): 30 Years of Private Market Investing, Inspired by Sweden’s Wallenberg Family

In this episode, our Partner and Private Wealth Manager, Ryan Loehr, speaks with Peter Beske Nielsen, the Global Head of Private Wealth for EQT. Peter visited from Copenhagen and joined Ryan in our Sydney office.?

EQT is one of the world’s most reputable private market investors, managing over $216b EUR or $350b AUD in investments from start-ups to maturity or public companies (take privates) and covering two segments: real assets and private capital. Critical to EQT is a philosophy of long-term ownership and ‘future-proofing’ companies—an attribute inspired by one of the most successful Swedish families and original EQT investors, the Wallenberg Family.?

The EQT model is to shape and execute a value-creation plan and keep an active ownership approach to transform and make companies more relevant, efficient, and future-proof – optimised for market dynamics and customer demands.? For the first time, EQT has a new solution in the market: to democratise access to the breadth of its private market offering to private wealth investors - instead of restricting it to institutions and family offices.?

Navigating the Waters of Private Credit: An In-Depth Conversation with Joe Millward?

The two happiest days of owning a boat are the day you buy a boat and sell it… Other than when you are the lender to a Superyacht manufacturer. If banks aren’t lending nowadays, then who is? It's time for some discussion on the highly demanded World of private credit.

Epsilon Direct Lending specialises in lending to some of Australia and New Zealand’s most respected mid-market companies, from IT to coffee roasters. Epsilon provides institutional and wholesale investors with stable and attractive returns, with the Founders having sourced and arranged several billions of dollars of direct loans. Joe Millward is a Founding Partner of Epsilon Direct Lending and a member of the Investment Committee. Joe has 25 years of experience in a career covering direct lending funds management, growth and event-driven corporate financing, business strategy, compliance, operations, and finance across Europe and Australia. Joe was most recently an executive manager at CBA's corporate bank.?

During this podcast, Craig and Joe discuss the intricacies of lending to mid-market companies, how a deal is assessed and approved, and lessons learned during his successful career establishing one of Australia’s most reputable direct corporate lending companies.

Cameron Blanks (Pacific Equity Partners): The Opportunity in Top Quartile Private Equity Continuation Funds

In this episode, Managing Partner Tim Whybourne catches up with Cameron Blanks, a managing director of Pacific Equity Partners, one of the country's leading and most active private equity managers with over A$10 billion in Assets Under management. Cameron joined Pacific Equity Partners in 2002. Before joining PEP, Cameron spent three years with Bain & Company in Australia and North America. Previously, Cameron worked for seven years in the mining and construction industry in Australia, Asia and North America.

They discuss everything from how Cameron started his career to the different types of private equity in Australia and around the globe and the opportunities that have been presented for Australians in private equity.?

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.