– Quadrant Private Equity has successfully raised A$660 million (approximately US$411.5 million) for its third growth fund, exceeding its initial target and reflecting strong investor confidence.
– The six-week fundraise was oversubscribed and a step up on the $530 million Quadrant raised through the second growth fund, in 2021, and the $400 million from the first, in 2019.
– The fund attracted an oversubscribed pool of commitments from institutional investors, family offices, and ultra-high-net-worth individuals, marking a significant milestone for the Australian private equity firm.
– The fund surpassed its initial target, underlining robust market interest in Quadrant’s growth strategy.
– Quadrant plans to target high-growth companies in sectors such as technology, healthcare, and consumer industries.
– Investments will primarily focus on Australia and New Zealand, with the aim of driving regional economic growth.
– Chris Hadley, Executive Chairman and Founder of Quadrant Private Equity, previously highlighted the firm’s dedication to value creation through strategic partnerships. “We aim to align with founders and management teams to foster sustainable business success,” Hadley said.
– Marcus Darville, Managing Partner added, “Our focus remains on identifying exceptional companies and empowering them to achieve transformative growth.”
– Quadrant Private Equity’s successful fundraise cements its position as a leading player in the Australasian private equity landscape, poised to drive innovation and development in the region.
