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 April 2021, Vantage Private Equity Growth 2 (VPEG2) received the distributions following the completion of the sale of each of the VPEG2 portfolio companies; Funlab, Lynch Group (partial sell down via IPO), Gourmet Food Group and Servian.

The total of all the distributions received from these exits will be distributed to all VPEG2 investors, with payment scheduled for Tuesday 20th April 2021.

The distribution equates to 29% of each investor’s committed capital to VPEG2.

More details will be provided on the distribution statement which investors will receive by email link from the VPEG2 Registry, Boardroom Pty Ltd and also in the VPEG2 March 2021 quarterly investor report to be issued to all investors in mid May 2021.

Investment Highlights

VPEG2 Quarterly Report December 2021 Special Points of Interest;

  • VPEG2 distributes $0.28 Per Unit to all VPEG2 investors during December 2021
  • Waterman Capital Fund 3 Completes the 100% sale of Provincial Education Group, the third largest early childcare education provider in New Zealand
  • CPE Capital 8 announces the binding sale agreements of two portfolio companies Jaybro & StraitNZ, with completion anticipated during the March 2022 quarter
  • Allegro Fund II announces the sale of the funds remaining shareholding in Journey Beyond to American cruise and experiential travel company Hornblower for a media reported $600 million
  • As at 31 December 2021,VPEG2A and VPEG2B generated a net of fees internal rate of return (IRR) of 22.3% p.a. and 15.2% p.a. respectively, since final close of VPEG2 on 28 May 2015

Download a copy of the VPEG2 Quarterly Report December 2021

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