Vantage Private Equity Growth 2 (VPEG2) is a Private Equity Fund of Funds established to provide investors with access to the returns generated by the top performing Buyout and Later Expansion Private Equity Funds in Australia.

Private Equity as an asset class has attracted a growing amount of interest from investors over recent years as it continues to outperform traditional asset classes. VPEG2 offers investors the opportunity to share in the strong returns of this asset class, while substantially removing the hurdles that have traditionally limited investor access to it.

Through its unique structure, focussed investment strategy and guidelines, systematic and rigorous fund manager selection criteria and its arrangements with highly experienced Private Equity investment management and advisory groups, the Manager is confident of VPEG2 delivering superior absolute returns to Investors.

Vantage Private Equity Growth 2 (VPEG2)

Distribution Notification

During May 2022, Vantage Private Equity Growth 2 (VPEG2) received the distributions following the completion of the sale of each of the VPEG2 portfolio companies; StraitNZ, Jaybro, Journey Beyond, Canopy Healthcare, MMC Ltd and as well as from the realised proceeds of the sale and lease back of Heritage Lifecare.

The total of all the distributions received from these exits where distributed to all VPEG2 investors on 10 May 2022.

The distribution equated to 30% of each investor’s committed capital to VPEG2.

Details on the distribution are provided to investors in the VPEG2 March 2022 quarterly investor report to be issued to all investors during May 2022.

Investment Highlights

VPEG2 Quarterly Report June 2022 Special Points of Interest;

  • VPEG2A and 2B deliver total investor returns of 16.2% and 13.5% respectively across the 2022 Financial Year, significantly outperforming the ASX200 Accumulated index return of –6.5% across the same period
  • As at 30 June 2022, VPEG2A and 2B have delivered a net of fees return of 20.7% p.a. and 14.1% p.a. respectively, since the final close of VPEG2 in May 2015
  • Odyssey Fund 8 announces the sale of Mining Technology Holdings Pty Ltd (MST) to Komatsu Ltd
  • Completion of the sale of Next Capital Fund III portfolio company NZ Bus, to Kinetic, remains on track for completion in late August 2022, subject to final council approvals

Download a copy of the VPEG2 Quarterly Report June 2022

Key Facts

Structure
Twin Australian Unit Trusts

Underlying Investments
Unlisted, closed end Australian Buyout & Later Expansion Private Equity Funds

Target return
20% p.a

Minimum Commitment / Trust Investment
Trust A; $5,000,000
Trust B; $50,000

Distributions to Unit holders
At least every 12 months, more frequent as underlying investments are divested over time

Manager & Trustee
Vantage Asset Management Pty Limited

Final Close Completed
28 May 2015