{"id":176,"date":"2014-09-26T05:02:25","date_gmt":"2014-09-26T05:02:25","guid":{"rendered":"https:\/\/vpeg2.info\/?page_id=176"},"modified":"2023-11-06T03:21:04","modified_gmt":"2023-11-06T03:21:04","slug":"latest-news","status":"publish","type":"page","link":"https:\/\/vpeg2.info\/?page_id=176","title":{"rendered":"Latest News"},"content":{"rendered":"<p><strong>2 November 2023<\/strong><\/p>\n<p><strong>Notice of VPEG2\u2019s Annual General Meeting<\/strong><\/p>\n<p>The 2023 Annual General Meeting (AGM) for Vantage Private Equity Growth Trusts 2A &amp; 2B (VPEG2A &amp; B) will be held via video conference along with the Vantage Private Equity Growth Funds VPEG3, VPEG4 and VPEG5 commencing at <strong>10:00 am AEDST, Thursday 23<sup>rd<\/sup> November 2023,<\/strong> broadcast from <strong>Level 39, Aurora Place, 88 Phillip Street, Sydney NSW 2000, Australia<\/strong>. A registration link to the 2023 Annual General Meeting will be provided to all investors on Monday 6<sup>th<\/sup> November 2023.<\/p>\n<p>Investors seeking to attend the virtual AGM, please advise Vantage by email at info@vantageasset.com, to register your interest and you will receive video conference details by way of an invitation prior to the meeting<\/p>\n<p><em><strong>Fund Performance Highlights for Financial Year end 2023 for VPEG2A<\/strong><\/em><\/p>\n<ul>\n<li>$0.68m in additional capital drawn by underlying Private Equity funds<\/li>\n<li>7 underlying company investments sold delivering an average gross 2.5x multiple of invested capital<\/li>\n<li>A total of 55 underlying company investments completed, with 31 exits now realised<\/li>\n<li>$6.77m in total distributions received from underlying funds during the financial year<\/li>\n<li>$5.96m in total distributions paid to all VPEG2A Unitholders during the financial year<\/li>\n<li>$0.32m Net Profit for the financial year ended 30 June 2023<\/li>\n<li>19.0% p.a. after fees Annualised Return delivered by VPEG2A since inception to 30 June 2023<\/li>\n<\/ul>\n<p><strong><a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2023\/11\/2023-VPEG2A-Vantage-AnnualReport.pdf\" target=\"_blank\" rel=\"noopener\">View VPEG2A&#8217;s 2023 Annual Report &gt;&gt;<\/a><\/strong><\/p>\n<p><em><strong>Fund Performance Highlights for Financial Year end 2023 for VPEG2B<\/strong><\/em><\/p>\n<ul>\n<li>$0.22m in additional capital drawn by underlying Private Equity funds<\/li>\n<li>7 underlying company investments sold delivering an average gross 2.5x multiple of invested capital<\/li>\n<li>A total of 55 underlying company investments completed, with 31 exits now realised<\/li>\n<li>$2.27m in total distributions received from underlying funds during the financial year<\/li>\n<li>$1.95m in total distributions paid to all VPEG2B Unitholders during the financial year<\/li>\n<li>$0.04m Net Profit for the financial year ended 30 June 2023<\/li>\n<li>13.3% p.a. after fees Annualised Return delivered by VPEG2B since inception to 30 June 2023<\/li>\n<\/ul>\n<p><a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2023\/11\/2023-VPEG2B-Vantage-AnnualReport.pdf\"><strong>View VPEG2B&#8217;s 2023 Annual Report &gt;&gt;<\/strong><\/a><\/p>\n<p><strong>8 November 2022<\/strong><\/p>\n<p><strong>Notice of VPEG2\u2019s Annual General Meeting<\/strong><\/p>\n<p>The 2022 Annual General Meeting (AGM) for Vantage Private Equity Growth Trusts 2A &amp; 2B\u00a0(VPEG2A &amp; B) will be held via video conference along with the Vantage Private Equity Growth Funds VPEG, VPEG3, VPEG4 and VPEG5 commencing at <strong>10:00am AEDST<\/strong>, <strong>Wednesday 30<sup>th<\/sup> November 2022<\/strong>, broadcast from <strong>Level 39, Aurora Place, 88 Phillip Street, Sydney NSW 2000<\/strong>, <strong>Australia<\/strong> for the purpose of transacting the business set out below.<\/p>\n<p>Investors seeking to attend the virtual AGM, please advise Vantage by email at<a href=\"mailto:info@vantageasset.com\">\u00a0info@vantageasset.com<\/a>, to register your interest and you will receive video conference details by way of an invitation prior to the meeting<\/p>\n<p><strong><em>Performance Highlights<\/em><\/strong>\u00a0from VPEG2A\u2019s 2022 Annual Report<\/p>\n<ul>\n<li>$2.01m in additional capital drawn by underlying Private Equity funds<\/li>\n<li>12 underlying company investments sold delivering an average gross 4.7x multiple of invested capital<\/li>\n<li>A total of 55 underlying company investments completed, with 26 exits now realised<\/li>\n<li>$21.42m in total distributions received from underlying funds during the year, an increase of 72.1% from FY21<\/li>\n<li>$17.60m in total distributions paid to all VPEG2A Unitholders during the year, an increase of 75.5% from FY21<\/li>\n<li>$5.68m Net Profit for the year ended 30 June 2022.<\/li>\n<li>2% total return to VPEG2A Unitholders across FY22<\/li>\n<li>7% p.a. after fees Annualised Return delivered by VPEG2A since inception to 30 June 2022.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2022\/11\/VPEG2A-2022-Annual-Report.pdf\" target=\"_blank\" rel=\"noopener\">View VPEG2A&#8217;s 2022 Annual Report &gt;&gt;<\/a><\/p>\n<p><strong><em>Performance Highlights<\/em><\/strong>\u00a0from VPEG2B\u2019s 2022 Annual Report<\/p>\n<ul>\n<li>$0.68m in additional capital drawn by underlying Private Equity funds<\/li>\n<li>12 underlying company investments sold delivering an average gross 4.7x multiple of invested capital<\/li>\n<li>A total of 55 underlying company investments completed, with 26 exits now realised<\/li>\n<li>$7.17m in total distributions received from underlying funds during the year, an increase of 72.1% from FY21<\/li>\n<li>$5.75m in total distributions paid to all VPEG2B Unitholders during the year, an increase of 107.6% from FY21<\/li>\n<li>$1.61m Net Profit for the year ended 30 June 2022.<\/li>\n<li>5% total return to VPEG2B Unitholders across FY22<\/li>\n<li>1% p.a. after fees Annualised Return delivered by VPEG2B since inception to 30 June 2022.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2022\/11\/VPEG2B-2022-Annual-Report.pdf\">View VPEG2B&#8217;s 2022 Annual Report &gt;&gt;<\/a><\/p>\n<p><strong>25 March 2022<\/strong><\/p>\n<p><strong>VANTAGE FUNDS MARCH 2022 NEWSLETTER <\/strong><\/p>\n<p style=\"text-align: center;\"><em><strong>RECENTLY COMPLETED &amp; ANNOUNCED EXITS DELIVER VANTAGE FUNDS AN AVERAGE GROSS 4.3 X RETURN ON INVESTED CAPITAL<\/strong><\/em><\/p>\n<p style=\"text-align: center;\"><em><strong>VPEG4 COMPLETES FINAL CLOSE WITH $180M OF COMMITMENTS FROM OVER 500 INVESTORS<\/strong><\/em><\/p>\n<p style=\"text-align: center;\"><em><strong>VPEG5 COMPLETES FIRST CLOSE WITH $37 MILLION OF COMMITMENTS FROM OVER 200 INVESTORS &amp; REMAINS OPEN FOR INVESTMENT<\/strong><\/em><\/p>\n<p style=\"text-align: center;\"><em><strong>VANTAGE FUNDS COMMIT A FURTHER $150 MILLION TO UNDERLYING PRIVATE EQUITY FUNDS &amp; CO-INVESTMENTS<\/strong><\/em><\/p>\n<p><a href=\"https:\/\/vpeg2.info\/?page_id=1218\" target=\"_blank\" rel=\"noopener\">Read more in Vantage Funds Latest Newsletter &gt;&gt;<\/a><\/p>\n<p><strong>5 November 2021<\/strong><\/p>\n<p><strong>Notice of VPEG2\u2019s Annual General Meeting<\/strong><\/p>\n<p>The 2021 Annual General Meeting (AGM) for Vantage Private Equity Growth Trusts 2A &amp; 2B\u00a0(VPEG2A &amp; B) will be held via video conference at 10.30am AEDST, Wednesday 1\u00a0December 2021 broadcast from Level 17, 8 Chifley Square, Sydney NSW 2000.<\/p>\n<p>Investors seeking to attend the virtual AGM, please advise Vantage by email at<a href=\"mailto:info@vantageasset.com\"> info@vantageasset.com<\/a>, to register your interest and you will receive video conference details by way of an invitation prior to the meeting<\/p>\n<p><strong><em>Performance Highlights<\/em><\/strong>\u00a0from VPEG2A\u2019s 2021 Annual Report<\/p>\n<ul>\n<li>$1.19m in additional capital drawn by underlying Private Equity funds<\/li>\n<li>1 new underlying company investment added to the portfolio and 8 significant bolt-on acquisitions completed<\/li>\n<li>7 underlying company investments sold delivering an average gross 4.9 X multiple of invested capital<\/li>\n<li>A total of 55 underlying company investments completed, with 14 exits now realised<\/li>\n<li>$12.44m in total distributions received from underlying funds during the year, an increase of 283.4% from FY20<\/li>\n<li>$10.03m in total distributions paid to all VPEG2A Unitholders during the year, an increase of 848.6% from FY20<\/li>\n<li>$18.75m Net Profit for the year an increase of 848.6% from FY20<\/li>\n<li>56.2% total return to VPEG2A Unitholders across FY21<\/li>\n<li>21.2% p.a. after fees Annualised Return delivered by VPEG2A since inception to 30 June 2021.<\/li>\n<\/ul>\n<p><strong><em>Performance Highlights<\/em><\/strong>\u00a0from VPEG2B\u2019s 2021 Annual Report<\/p>\n<ul>\n<li>$0.42m in Additional Capital Drawn by underlying Private Equity funds<\/li>\n<li>1 new underlying company investment added to the portfolio and 8 significant bolt-on acquisitions completed<\/li>\n<li>7 underlying company investments sold delivering an average gross 4.9 X multiple of invested capital<\/li>\n<li>A total of 55 underlying company investments completed with 14 exits now realised<\/li>\n<li>$4.05m in total distributions received from underlying funds during the year, an increase of 289.6% from FY20<\/li>\n<li>$2.57m in total distributions paid to all VPEG2B Unitholders an increase of 1,157.6% from FY20<\/li>\n<li>$6.17m Net Profit for the year an increase of 1,545.6% from FY20<\/li>\n<li>57.7% total return to VPEG2B Unitholders across FY21<\/li>\n<li>14.0% p.a. after fees Annualised Return delivered by VPEG2B since inception to 30 June 2021<\/li>\n<\/ul>\n<p><strong>26 August 2021<\/strong><\/p>\n<p><strong>Lynch Group flowers again after lockdown strife<\/strong><\/p>\n<p>Australia\u2019s biggest seller of\u00a0<a href=\"https:\/\/www.afr.com\/street-talk\/lynch-uses-ipo-to-acquire-china-s-vdb-group-20210310-p579bs\">cut flowers, Lynch Group,<\/a>\u00a0says there has been a partial rebound of its business after the \u201cinitial shocks\u201d of the Sydney and Melbourne lockdowns, and the long-term trends are working in its favour as people spend higher amounts on better-quality bunches of flowers and pot plants.<\/p>\n<p>Lynch Group, which\u00a0<a href=\"https:\/\/www.afr.com\/link\/follow-20180101-p579in\">listed on the ASX in April<\/a>, surpassed the net profit after tax and amortisation forecasts outlined in its prospectus by 12.7 per cent in its maiden result as a listed company, with its Australian and Chinese operations both in solid shape.<\/p>\n<p>But chief executive Hugh Toll warned of increasing pressures in the supply chain as COVID-19 disruptions in\u00a0<a href=\"https:\/\/www.afr.com\/companies\/manufacturing\/shipping-costs-stock-levels-blow-out-as-supply-chains-buckle-20210819-p58ka1\">shipping and air freight channels<\/a>\u00a0bring extra pressure, which was amplified since the end of June as costs climbed.<\/p>\n<p>\u201cThis has intensified rapidly over the past two to three months,\u201d Mr Toll said.<\/p>\n<p>Those extra costs were being absorbed into the business.<\/p>\n<p>Lynch Group generates a large number of sales through supermarket chains Woolworths and Coles, and Mr Toll said it had also started a supply deal with the Big W general merchandise stores\u00a0<a href=\"https:\/\/www.afr.com\/companies\/retail\/woolworths-unveils-2b-share-buy-back-20210802-p58f10\">owned by Woolworths.<\/a><\/p>\n<p>Lynch Group operates seven flower farms across Australia and China. Mr Toll said the group was weighing up buying another landholding in China in an expansion play, or expanding an existing farm in China. An extra 10 hectares of greenhouse area is being pursued.<\/p>\n<p><strong>Supermarkets over florists<\/strong><\/p>\n<p>Lynch Group has a history in flowers stretching back almost 100 years.\u00a0<a href=\"https:\/\/www.afr.com\/street-talk\/next-capital-sends-bouquet-to-lynch-group-20151006-gk2c4h\">Private equity group Next Capital<\/a>\u00a0had been the majority shareholder of Lynch Group since 2015 before the initial public offering.<\/p>\n<p>The Australian operations lifted revenues to $288 million in 2020-21 from $227 million a year ago. Mr Toll said there was a structural shift under way where more people were buying bunches of flowers in supermarkets rather than florists.<\/p>\n<p>There was also a premiumisation effect where shoppers were buying \u201chigh-value\u201d bouquets and floral arrangements. An expansion into potted plants has also been a winner. Flowers revenue growth was 24 per cent over the year, while pot plants were up 38 per cent.<\/p>\n<p>Lynch Group is in the final stages of building a purpose-built production facility at Ingleburn in Sydney\u2019s south-west, which should be finished early next year.<\/p>\n<p>Mr Toll said the lockdowns in Sydney from early July had resulted in a sales slide and inventory losses in the first four weeks.<\/p>\n<p>\u201cWe\u2019re now well into the recovery phase,\u201d he said.<\/p>\n<p>Lynch Group shares were largely steady on Thursday at $3.79. They were sitting at $3.12 in early May in the weeks after the float.<\/p>\n<p><em>Source; The Australian Financial Review, 26 August 2021, \u201cLynch Group flowers again after lockdown strife<\/em><em>, Simon Evans (https:\/\/www.afr.com\/companies\/retail\/lynch-group-flowers-again-after-lockdown-strife-20210825-p58luy)<\/em><\/p>\n<p><strong>19 August 2021<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 30 June 2021<\/strong><\/p>\n<ul>\n<li>VPEG2 distributes $0.29 Per Unit to all VPEG2 investors during April 2021<\/li>\n<li>CPE Capital 8 completes the 100% sale of Cell Care to Generate Life Sciences, the worlds largest provider of newborn stem cell services and reproductive tissue bank<\/li>\n<li>Next Capital Fund III announces the sale of iseek, Australia\u2019s leading cloud, Data Centre and Connectivity provider to a UK based Information Technologies and Telecommunications Infrastructure Fund<\/li>\n<li>VPEG2 investee Mercury Capital Fund 2 announces the sale of MessageMedia for AUD$1.7 billion to Sinch, a leading global cloud communications business listed on the Nasdaq Sweden<\/li>\n<li>Four exits across the June 2021 quarter will deliver VPEG2 an average gross 4.5x return on invested capital, representing a return of 56.9% p.a.<\/li>\n<li>As at 30 June 2021, VPEG2A and VPEG2B generated a net of fees return of 20.9% p.a. and 13.9% p.a. respectively, since final close on 28 May 2015<\/li>\n<\/ul>\n<p>View or download a copy of the <a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2021\/08\/VPEG2-Quarterly-Report-30-June-2021.pdf\">VPEG2 Quarterly Report 30 June 2021<\/a><\/p>\n<p><strong>26 May 2021<br \/><\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 31 March 2021<br \/><\/strong><\/p>\n<ul>\n<li class=\"size-14\" lang=\"x-size-14\">VPEG2 investee Waterman Capital Fund 3 completes the successful partial exit of My Food Bag via an IPO and Dual listing on the NZX &amp; ASX, representing New Zealand\u2019s largest IPO since 2014<\/li>\n<li lang=\"x-size-14\">Odyssey Private Equity Fund 8 invests in MTB Direct, a leading online store for mountain bike parts, riding apparel and accessories<\/li>\n<li lang=\"x-size-14\">VPEG2 investee CPE Capital 8 (formally CHAMP IV) announces the 100% trade sale of Gourmet Food Group to Mondelez International, a global packaged food business listed on the NASDAQ<\/li>\n<li lang=\"x-size-14\">VPEG2 investee Next Capital Fund III announces the completion of the underwritten bookbuild for the IPO of Lynch Group, with the Company successfully listing on the ASX on 6 April 2021<\/li>\n<li lang=\"x-size-14\">As at 31 March 2021, VPEG2A and VPEG2B generated a net of fees internal rate of return (IRR) of 20.0% p.a. and 13.0% p.a. respectively, since final close of VPEG2 on 28 May 2015<\/li>\n<\/ul>\n<p>View or download a copy of the <a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2021\/05\/VPEG2-Quarterly-Report-31-March-2021.pdf\">VPEG2 Quarterly Report 31 March 2021<\/a><\/p>\n<p><strong>4 March 2021<\/strong><\/p>\n<p><strong>Recent Exit &#8211; My Food Bag &#8211; Waterman Capital Fund 3<\/strong><\/p>\n<p>VPEG2 investee Waterman Capital Fund 3 portfolio company My Food Bag, ready\u2019s New Zealand\u2019s largest IPO listing which values the company at $NZ474.6 million.<\/p>\n<p>My Food Bag is expected to list on the NZX and ASX on the 5th March 2021 at a share price of $1.85 implying an enterprise value of NZ$474.6 million. Upon listing Waterman Capital Fund 3 will realise a portion of their investment holding, with the Fund retaining 15% holding in the company post IPO.<\/p>\n<p><a href=\"https:\/\/vpeg2.info\/?page_id=1101\">Read More &gt;&gt;<\/a><\/p>\n<p><strong>17 February 2021<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 31 December 2020<\/strong><\/p>\n<ul>\n<li class=\"size-14\" lang=\"x-size-14\"><span class=\"font-open-sans\">Next Capital Fund III announces the sale of Australia\u2019s leading out-of-home entertainment business Funlab, to the Asian arm of TPG Capital<\/span><\/li>\n<li><span class=\"font-open-sans\">Strong earnings growth by a majority of VPEG2\u2019s underlying companies delivers an average increase in portfolio value of 9.8% across the quarter<\/span><\/li>\n<li class=\"size-14\" lang=\"x-size-14\"><span class=\"font-open-sans\">VPEG2\u2019s performance continues to improve as the portfolio matures, with VPEG2A &amp; VPEG2B delivering net returns of 14.7% p.a. and 9.9% p.a. since inception in May 2015<\/span><\/li>\n<li class=\"size-14\" lang=\"x-size-14\"><span class=\"font-open-sans\">Adamantem Capital Fund I announces the sale of Servian to US technology firm Cognizant Technology Solutions Corporation<\/span><\/li>\n<\/ul>\n<p>View or download a copy of the <a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2021\/02\/VPEG2-Quarterly-Report-31-December-2020.pdf\">VPEG2 Quarterly Report December 2020<\/a><\/p>\n<p><strong>15 November 2020<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 30 September 2020<\/strong><\/p>\n<ul>\n<li class=\"size-12\" lang=\"x-size-12\"><span class=\"font-open-sans\">A significant majority of companies in VPEG2\u2019s underlying portfolio, representing 92% of total NAV, maintained or increased in value across the quarter<\/span><\/li>\n<\/ul>\n<ul>\n<li class=\"size-12\" lang=\"x-size-12\"><span class=\"font-open-sans\">The improvement in the value across the portfolio delivered an average 4.7% increase in VPEG2\u2019s NAV across the quarter<\/span><\/li>\n<\/ul>\n<ul>\n<li class=\"size-12\" lang=\"x-size-12\"><span class=\"font-open-sans\">VPEG2\u2019s value has now grown to exceed its value prior to the onset of COVID-19 <\/span><\/li>\n<\/ul>\n<p>View or download a copy of the <a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2020\/11\/VPEG2-Quarterly-Report-30-September-2020.pdf\">VPEG2 Quarterly Report September 2020<\/a><\/p>\n<p><strong>3 November 2020<\/strong><\/p>\n<p><strong>Notice of Annual General Meeting<\/strong><\/p>\n<p>The 2020 Annual General Meeting (AGM) for Vantage Private Equity Growth Trusts 2A &amp; 2B\u00a0(VPEG2A &amp; B) will be held via video conference at 10.30am AEDST, Wednesday 25<sup>th<\/sup> November 2020 broadcast from Level 17, 8 Chifley Square, Sydney NSW 2000.<\/p>\n<p>Investors seeking to attend the virtual AGM, please advise Vantage by email at info@vantageasset.com, to register your interest and you will receive video conference details by way of an invitation prior to the meeting<\/p>\n<p><em><strong>Performance Highlights<\/strong><\/em>\u00a0from\u00a0<a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2020\/11\/VPEG2A-2020-Annual-Report.pdf\">VPEG2A\u2019s 2020 Annual Report<\/a>;<\/p>\n<ul>\n<li>$3.68m in Additional Capital Drawn by underlying Private Equity funds.<\/li>\n<li>5 new underlying company investments added to the portfolio and 9 significant bolt-on acquisitions completed.<\/li>\n<li>2 underlying company investment sold delivering strong returns to VPEG2A<\/li>\n<li>A total of 53 underlying company investments completed with 8 exits now realised<\/li>\n<li>$3.26m in total distributions received from underlying funds during the year, an increase of 12.8% from FY19.<\/li>\n<li>Net Profit for the year of $2.05m.<\/li>\n<li>0% p.a. is the after fees, Net Internal Rate of Return delivered by VPEG2A since Final Close on 28 May 2015.<\/li>\n<\/ul>\n<p><em><strong>Performance Highlights<\/strong><\/em>\u00a0from\u00a0<a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2020\/11\/VPEG2B-2020-Annual-Report.pdf\">VPEG2B\u2019s 2020 Annual Report<\/a>;<\/p>\n<ul>\n<li>$1.25m in Additional Capital Drawn by underlying Private Equity funds<\/li>\n<li>5 new underlying company investments added to the portfolio and 9 significant bolt-on acquisitions completed<\/li>\n<li>2 underlying company investment sold delivering strong returns to VPEG2A<\/li>\n<li>A total of 53 underlying company investments completed with 8 exits now realised<\/li>\n<li>$1.04m in total distributions received from underlying funds during the year, an increase of 8.7% from FY19<\/li>\n<li>Net Profit for the year of $0.37m<\/li>\n<li>5% p.a. is the after fees, Net Internal Rate of Return delivered by VPEG2B since Final Close on 28 May 2015<\/li>\n<\/ul>\n<p><strong>28 August 2020<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 30 June 2020<\/strong><\/p>\n<ul>\n<li>A significant majority of companies in VPEG2\u2019s underlying portfolio, representing 70% of total Net Asset Value (NAV), increased in value across the quarter<\/li>\n<li>41 portfolio companies representing 83.9% of the total NAV of VPEG2\u2019s Portfolio have reported that there will be no impact or low impact to their financial performance as a result of the Victorian Government\u2019s recently imposed COVID-19 restrictions on that State<\/li>\n<li>VPEG2A\u2019s Net Asset Value improves by 4.5% across the quarter due to an increase in the value of 29 underlying companies at quarter end due to earnings improvements<\/li>\n<\/ul>\n<p>View or download a copy of the <a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2020\/08\/VPEG-2-Quarterly-Report-30-June-2020.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report June 2020<\/a><\/p>\n<p><strong>18 May 2020<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 31 March 2020<\/strong><\/p>\n<ul>\n<li class=\"size-12\" lang=\"x-size-12\"><span class=\"font-open-sans\">Mercury Capital Fund 2 invests in National Express Products, a New Zealand headquartered office and facility supply business<\/span><\/li>\n<\/ul>\n<ul>\n<li class=\"size-12\" lang=\"x-size-12\"><span class=\"font-open-sans\">Waterman Capital Fund 3 investee TRG Imaging, completes the bolt-on acquisition of Canopy Cancer Care, New Zealand\u2019s leading private clinic for adult cancer patients<\/span><\/li>\n<\/ul>\n<ul>\n<li class=\"size-12\" lang=\"x-size-12\"><span class=\"font-open-sans\">A majority of VPEG2\u2019s underlying portfolio have reported a net benefit or a low impact to their revenues as a result of the current COVID-19 operating environment<\/span><\/li>\n<\/ul>\n<p>View or download a copy of the <a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2020\/05\/VPEG2-Quarterly-Report-31-March-2020.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report March 2020<\/a><\/p>\n<p><strong>28 April 2020<\/strong><\/p>\n<p><strong>Private Equity Wins on COVID-19 Testing Kits<\/strong><\/p>\n<p>VPEG2&#8217;s underlying investment in Legend Corporation Pty Ltd, completed by investee Adamantem Capital Fund I during August 2019, is currently benefiting from a strong demand in volumes for tiny parts made from an Adelaide plant used to create COVID-19 testing kits.<\/p>\n<p>Legend Corporation, which has manufacturing businesses across electronics, data storage equipment and semi-conductors, is experiencing a heavy uptick in demand for ceramic substrates made by its Hendon Semiconductors business, which are a component in COVID-19 testing kits.<\/p>\n<p><a href=\"https:\/\/vpeg2.info\/?page_id=1001\">Read More &gt;&gt;<\/a><\/p>\n<p><strong>14 April 2020<\/strong><\/p>\n<p><strong>COVID-19 VPEG2 Portfolio Update<\/strong><\/p>\n<p>The current environment around COVID-19 and restrictions imposed by Government\u2019s on the operations of businesses across the economy continues to evolve daily. As such, VPEG2\u2019s management continues to monitor all underlying company investments through active discussions with VPEG2\u2019s underlying Private Equity fund managers on an ongoing basis. The following points provide a summary overview of the analysed impact to VPEG2\u2019s underlying portfolio;<\/p>\n<ul>\n<li>VPEG2 has a well-balanced portfolio of <strong>45 underlying company investments,<\/strong> diversified across a range of industry sectors and geographic regions within Australia and New Zealand, all of which are impacted in different ways by COVID-19,<\/li>\n<li><strong>36 portfolio companies<\/strong> <strong>representing 72.6% of VPEG2\u2019s Net Asset Value (NAV) operate Essential Service businesses<\/strong> or provide a majority of their products and services to Essential Service businesses as defined under current Australian and New Zealand Government COVID-19 business definitions,<\/li>\n<li><strong>34 portfolio companies<\/strong> representing <strong>72.1% of VPEG2\u2019s NAV have reported either a net benefit or a low impact to their financial performance<\/strong> as a result of each Government\u2019s imposed COVID-19 restrictions on the economy,<\/li>\n<li>VPEG2\u2019s portfolio of investments generally have a low to moderate level of gearing, with a <strong>majority of companies still generating good cashflows<\/strong> and either have <strong>sufficient cash reserves or the ability to draw down on existing finance facilities to satisfy their financial obligations<\/strong>, should a prolonged economic downturn persist.<\/li>\n<\/ul>\n<p>Download <a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2020\/04\/VPEG2-COVID-19-UPDATE.pdf\">VPEG2\u2019s COVID-19 Portfolio Update here<\/a><\/p>\n<p><strong>18 March 2020<\/strong><\/p>\n<p><strong>Vantage Funds Update \u2013 COVID-19<\/strong><\/p>\n<p>Vantage Asset Management is closely monitoring the developing\u00a0COVID-19\u00a0situation and has implemented responsible measures to ensure the health and safety of our employees, business partners, service providers, clients and investors. In addition, the protection of the value of all of Vantage\u2019s Funds underlying investments, is one of our highest priorities.<\/p>\n<p><a href=\"https:\/\/vpeg2.info\/vantage-funds-update-covid-19\/\">Read More &gt;&gt;<\/a><\/p>\n<p><strong>17 February 2020<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 31 December 2019<br \/><\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<ul>\n<li>Mercury Capital Fund 2, completes the sale of Nexus Day Hospitals to the Queensland Investment Corporation\u2019s Global Infrastructure Fund<\/li>\n<li>Next Capital Fund III announces the sale of Funlab to Archer Capital<\/li>\n<li>Nine companies now sold from VPEG2\u2019s portfolio delivering a combined 2.97 X return on investment<\/li>\n<li>VPEG2\u2019s performance continues to improve as the portfolio matures, with VPEG2A &amp; VPEG2B delivering net returns of 15.23% p.a. and 9.23% p.a. since inception.<\/li>\n<\/ul>\n<p>View or download a copy of the <a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2020\/02\/VPEG2-Quarterly-Report-December-2019.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report December 2019<\/a><\/p>\n<p><strong>31 January 2020<\/strong><\/p>\n<p><strong>VPEG2 Continues to Deliver Strong Risk Adjusted Returns to Investors<\/strong><\/p>\n<p>Strong underlying company performance across the second half of 2019 contributed to VPEG2 delivering strong risk adjusted returns to Unit Holders. As at 31 December 2019, VPEG2A and VPEG2B generated a net of all fees internal rate of return (IRR) of 15.23% p.a. and 9.23% p.a. respectively, since the final close of VPEG2 on 28 May 2015.<\/p>\n<p>Furthermore, the nine companies sold to date from VPEG2\u2019s portfolio have contributed to this performance, generating a total gross 2.97 X return on invested capital across an average hold period of 2.8 years. As VPEG2\u2019s underlying portfolio further matures, the number of companies sold from the portfolio will accelerate over the course of 2020 and into 2021, delivering further value and distributions to VPEG2 investors.<\/p>\n<p><strong>29 January 2020<\/strong><\/p>\n<p><strong>Two Further Companies Were Sold from VPEG2\u2019s Underlying Portfolio, With Each Delivering Strong, Top Quartile Returns<\/strong><\/p>\n<p>During the December 2019 quarter two further companies were sold from VPEG2\u2019s underlying portfolio, with each delivering strong, top quartile returns. As a result, nine companies have now been sold from VPEG2\u2019s portfolio.<\/p>\n<p>These nine exits have contributed to VPEG2\u2019s performance, delivering a gross 2.97 X return on invested capital across an average hold period of 2.8 years.<\/p>\n<p>During November 2019, VPEG2 investee Mercury Capital Fund 2, completed sale of Nexus Day Hospitals to the Queensland Investment Corporation\u2019s Global Infrastructure Fund. Under Mercury 2\u2019s ownership, Nexus became Australia\u2019s second largest day hospital platform with a portfolio of twelve, day and short-stay hospitals across six states and territories in Australia.<\/p>\n<p><a href=\"https:\/\/vpeg2.info\/mercury-capital-fund-2\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read More about Mercury&#8217;s Sale of Nexus &gt;&gt;<\/a><\/p>\n<p>During December 2019, VPEG2 investee Next Capital Fund III announced they had reached agreement to sell Funlab to Sydney based Private Equity firm Archer Capital. Throughout Next Capital\u2019s ownership, Funlab became a distinctive market leader in the Australian out-of-home entertainment and leisure sector as the business successfully launched 4 new brand concepts and increased its footprint from 15 to 36 locations, including international expansion into New Zealand and Singapore.<\/p>\n<p><a href=\"https:\/\/vpeg2.info\/next-capital-fund-iii\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read More about Next Capital&#8217;s Sale of Funlab &gt;&gt;<\/a><\/p>\n<p><strong>21 November 2019<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 30 September 2019<\/strong><\/p>\n<ul>\n<li><strong>Adamantem Capital Fund 1<\/strong> completes the public to private acquisition of <strong>Legend Corporation Limited<\/strong>, an Australian distributor of tools, components and accessories into the electrical wholesale and industrial \/ commercial gas markets<\/li>\n<li><strong>Next Capital Fund III<\/strong> acquires <strong>NZ Bus<\/strong>, New Zealand\u2019s\u2019 largest urban bus operator with over 700 buses operating out of 13 depots across Auckland, Wellington and Tauranga.<\/li>\n<li><strong>CHAMP IV<\/strong> acquires the <strong>Banksmeadow Waste Transfer Station<\/strong> in Sydney, from ASX listed, Bingo Industries Limited<\/li>\n<li>VPEG2\u2019s portfolio expands to <strong>52<\/strong> completed investments, operating across a broad range of industry sectors with <strong>6<\/strong> exits completed to date<\/li>\n<\/ul>\n<p>View or download a copy of the <a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2019\/11\/VPEG2-Quarterly-Report-30-September-2019.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report September 2019<\/a><\/p>\n<p><strong>6 November 2019<\/strong><\/p>\n<p><strong>Notice of Annual General Meeting<\/strong><\/p>\n<p>The 2019 Annual General Meeting (AGM) for Vantage Private Equity Growth Trusts 2A &amp; 2B\u00a0(VPEG2A &amp; B) will be held at 10.30am AEDST, Thursday\u00a028 November 2019 at L17, 8 Chifley Square, Sydney NSW 2000<\/p>\n<p><em><strong>Performance Highlights<\/strong><\/em>\u00a0from\u00a0<a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2019\/11\/VPEG2A-2019-Annual-Report-.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2A\u2019s 2019 Annual Report;<\/a><\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 $8.92m in Additional Capital Drawn by underlying Private Equity funds<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 11 new underlying company investments added to the portfolio<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 3 underlying company investments sold delivering &gt; 2.5 X cost of original investment<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 A total of 48 underlying company investments completed with 6 exits now realised<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 Total distributions received from underlying funds during the year of $2.08m up 50.6% from FY18<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 Net Profit for the year up 12.4% to $3.35m<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>Total Unit Holder Return during FY19 of 15.1%<\/strong><\/p>\n<p><em><strong>Performance Highlights<\/strong><\/em>\u00a0from\u00a0<a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2019\/11\/VPEG2B-2019-Annual-Report1.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2B\u2019s 2019 Annual Report;<\/a><\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 $2.99m in Additional Capital Drawn by underlying Private Equity funds<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 11 new underlying company investments added to the portfolio<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 3 underlying company investments sold delivering &gt; 2.5 X cost of original investment<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 A total of 48 underlying company investments completed with 6 exits now realised<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 Total distributions received from underlying funds during the year of $0.96m up 108.7% from FY18<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 Net Profit for the year up 0.9% to $0.965m<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>Total Unit Holder Return during FY19 of 10.0%<\/strong><\/p>\n<p><strong>18 October 2019<\/strong><\/p>\n<p><strong>Highly Active September 2019 Quarter for VPEG2&#8217;s Underlying Private Equity Portfolio<\/strong><\/p>\n<p>The September 2019 quarter has been a highly active period for Vantage Fund\u2019s and its underlying Private Equity funds.<\/p>\n<p>VPEG2\u2019s underlying portfolio expands with four new underlying company investments recently completed. In addition, one underlying fund has signed a sale agreement to sell one of their underlying portfolio companies with the sale subject to minority shareholder approval. Should the sale proceed following the shareholder vote, the exit will produce a strong top quartile return for the underlying fund and VPEG2.<\/p>\n<p>Additional underlying portfolio investments included;<\/p>\n<p>In July 2019, Odyssey Fund 8 acquired FRANKiE4, a leading and award-winning women\u2019s supportive footwear label. Founded in 2011 by podiatrists and a physiotherapist, FRANKiE4\u2019s unique designs and patented support technologies enhance the comfort of customers\u2019 feet, lower limbs and their overall health. FRANKiE4 combines a knowledge of biomechanics with a sense of style, to deliver great footwear that women feel comfortable in and love to wear.<\/p>\n<p>In August 2019, Next Capital Fund III acquired New Zealand Bus Limited, New Zealand\u2019s largest urban bus operator with a modern fleet of 700 buses across 13 depots. NZ Bus primary business operations is to provide urban bus route services through long term contracts with Auckland Council-owned Auckland Transport (AT) and the Greater Wellington Regional Council (GWRC). NZ Bus accounts for approximately 36% and 28% of the market share in Auckland and Wellington. The fleet and portfolio of strategically located leasehold depots provide a wide footprint over the Auckland and Wellington regions\u2019 key urban routes, exposing them to strong public transport demand growth and minimising depot travel distances.<\/p>\n<p>Also, during August 2019, Adamantem Capital Fund 1 acquired ASX listed Legend Corporation in a public to private transaction. Legend is a distributor of products, tools, components and accessories into the electrical wholesale and industrial \/ commercial gas markets. Legend stocks an extensive range of product lines and is a preferred supplier across all major electrical wholesalers in Australia. Legend\u2019s products are utilised across a diversified range of end markets, including electrical, power, rail, mining and telecommunications.<\/p>\n<p>As a result of these three new underlying investments, VPEG2\u2019s investment portfolio now holds interest in 51 underlying companies across 8 Private Equity Funds plus one co-investment with six exits completed, as at 30 September 2019.<\/p>\n<p>As the portfolio matures it is expected that the rate of exits from the portfolio will increase throughout the remainder of the 2019 calendar year and into 2020 delivering further improvement to the value of the portfolio and an increase in distributions to investors.<\/p>\n<p>View <a title=\"Private Equity Portfolio\" href=\"https:\/\/vpeg2.info\/investment-portfolio\/private-equity-portfolio-2\/\">VPEG2&#8217;s Underlying Private Equity Portfolio <\/a><\/p>\n<p><strong>19 August 2019<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 30 June 2019<\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<ul>\n<li><strong>VPEG2A<\/strong> Continues to Outperform all Major Asset Classes recording an audited <strong>Net IRR<\/strong> since inception of <strong>14.2% p.a<\/strong> as at 30 June 2019.<\/li>\n<li><strong>VPEG2B <\/strong>as at 30 June 2019, delivers an audited <strong>Net IRR<\/strong> since inception of <strong>8.2% p.a.<\/strong><\/li>\n<li><strong>Odyssey Fund 8 <\/strong>acquires <strong>Sushi Sushi<\/strong>, Australia\u2019s largest Japanese Food Retailer and <strong>Delta Agribusiness<\/strong> one of Australia\u2019s leading Independent Agribusinesses<\/li>\n<li><strong>CHAMP IV<\/strong> invests in <strong>Marand Precision Engineering<\/strong>, a supplier of precision engineered solutions, aerostructures, tools and automated production systems for the aerospace and defence industries<\/li>\n<\/ul>\n<p>View or download a copy of the <a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2019\/08\/VPEG2-Quarterly-Report-June-2019.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report June 2019<\/a><\/p>\n<p><strong>22 May 2019<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 31 March 2019<\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<ul>\n<li><strong>Adamantem Capital Fund 1<\/strong>\u00a0acquires\u00a0<strong>Hellers<\/strong>, New Zealand\u2019s leading producer of processed meats.<\/li>\n<\/ul>\n<ul>\n<li><strong>CHAMP IV<\/strong>\u00a0announces the\u00a0<strong>sale of Containerchain<\/strong>\u00a0to ASX listed, global logistics solutions group, WiseTech Global<\/li>\n<\/ul>\n<ul>\n<li>VPEG2\u2019s underlying funds have now\u00a0<strong>completed 45 company investments<\/strong>, operating across a broad range of industry sectors, with\u00a0<strong>5 exits completed to date<\/strong><\/li>\n<\/ul>\n<p>View or download a copy of the <a title=\"VPEG2 Quarterly Report March 2019\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2019\/06\/VPEG2-Quarterly-Report-March-2019.pdf\">VPEG2 Quarterly Report March 2019<\/a><\/p>\n<p><strong>21 February 2019<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 31 December 2018<\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<ul>\n<li>VPEG2 Outperforms all major Asset Classes across 2018, including Public Equity, Bonds, Property and Cash<\/li>\n<\/ul>\n<ul>\n<li><strong>VPEG2A delivers a 29.6% net return, for the full year ended 31 December 2018 with a Net IRR since inception of 17.1% p.a.<\/strong><\/li>\n<\/ul>\n<ul>\n<li><strong>VPEG2B delivers a 18.4% net return for the full year ended 31 December 2018<br \/><\/strong><\/li>\n<\/ul>\n<ul>\n<li><strong>Mercury Capital<\/strong>\u00a0completes the acquisition of\u00a0<strong>Fiftyfive5 and GalKal<\/strong>, creating Australia\u2019s largest leading independent customer and market research consultancy firm.<\/li>\n<\/ul>\n<ul>\n<li><strong>Waterman Capital<\/strong>\u00a0acquires\u00a0<strong>TRG Imaging<\/strong>, the largest provider of radiology services in New Zealand\u2019s North Island<\/li>\n<\/ul>\n<ul>\n<li><strong>Adamantem Capital<\/strong>\u00a0completes the \u2018public to private\u2019 acquisition of ASX listed\u00a0<strong>Zenitas Healthcare Limited<\/strong>, a community-based healthcare provider specialising in the provision of in-home and in-clinic care solutions<\/li>\n<\/ul>\n<p>View or download a copy of the <a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2019\/02\/VPEG2-Quarterly-Report-December-2018.pdf\">VPEG2 Quarterly Report December 2018<\/a><\/p>\n<p><strong>10 February 2019<\/strong><\/p>\n<p><strong>Next Capital Fund III seeks exit options for Funlab<\/strong><\/p>\n<p>VPEG2 underlying fund manager <span style=\"color: #000000;\"><a style=\"color: #954f72;\" href=\"https:\/\/vpeg2.info\/next-capital-fund-iii\/\" target=\"_blank\" rel=\"noopener noreferrer\">Next Capital<\/a><\/span><span style=\"color: #000000;\"><span class=\"apple-converted-space\">\u00a0<\/span>has tapped investment bank Citi as it mulls exit options for its entertainment group Funlab, which houses popular Strike Bowling and Sky Zone trampoline parks.<\/span><\/p>\n<p><a href=\"https:\/\/vpeg2.info\/next-capital-mulls-exit-options-for-funlab-owner-of-strike-bowling\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read the Full Article about Funlab<\/a><\/p>\n<p><strong>26 November 2018<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 30 September\u00a02018<\/strong><\/p>\n<p>Special Points of Interest<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0Next Capital III\u00a0sells\u00a0Forest Coach Lines\u00a0to Comfortdelgro Corporation Limited the Singapore based public transport conglomerate<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0 Mercury Capital Fund 2\u00a0invests into Australia\u2019s largest business to person messaging company,\u00a0Message Media Group<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0 Next Capital Fund III\u00a0invests in Australian owned cloud, data and service provider,\u00a0iSeek Group<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0 CHAMP IV\u00a0acquires\u00a0Gourmet Food Holdings, a branded manufacturer and distributor of gourmet crackers and chilled packaged seafood<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0 CHAMP IV\u00a0acquires\u00a0Cell Care, the leading private umbilical cord blood and tissue storage bank in Australia and Canada<\/p>\n<p>View or download a copy of the <a href=\":%20https:\/\/vpeg2.info\/?attachment_id=740\">VPEG2 Quarterly Report September 2018<\/a><\/p>\n<p><strong>31 October 2018<\/strong><\/p>\n<p><strong>Notice of Annual General Meeting<\/strong><\/p>\n<p>The 2017 Annual General Meeting (AGM) for Vantage Private Equity Growth Trusts 2A &amp; 2B\u00a0(VPEG2 A &amp; B) will be held at 10.30am AEDST, Thursday\u00a029 November 2018 at L17, 8 Chifley Square, Sydney NSW 2000<\/p>\n<p><strong><em>Performance Highlights<\/em><\/strong>\u00a0from\u00a0<a title=\"VPEG2A-2018-Annual-Report\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2018\/11\/VPEG2A-2018-Annual-Report.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2A\u2019s 2018 Annual Report<\/a>;<\/p>\n<div class=\"page\" title=\"Page 4\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p>&#8211; \u00a0 \u00a0 $8.57m in Additional Capital Drawn by underlying Private Equity funds<\/p>\n<div class=\"column\">\n<p>&#8211; \u00a0 \u00a0 15 new underlying company investments added to the portfolio<\/p>\n<div class=\"column\">\n<p>&#8211; \u00a0 \u00a0 1 underlying company sold delivering &gt; 2.5 X cost of original investment<\/p>\n<div class=\"column\">\n<p>&#8211; \u00a0 \u00a0 A total of 37 underlying company investments completed with 2 exits now realised<\/p>\n<div class=\"column\">\n<p>&#8211; \u00a0 \u00a0 Total distributions received from underlying funds during the year of $3.1m<\/p>\n<div class=\"column\">\n<p>&#8211; \u00a0 \u00a0 Net Profit of $0.89m<\/p>\n<div class=\"column\">\n<p>&#8211; \u00a0 \u00a0 Total distributions paid to Unit Holders during FY18 of $1.895m ($0.07 per partly paid unit)<\/p>\n<div class=\"column\">\n<p>&#8211; \u00a0 \u00a0<strong> Total Unit Holder Return during FY18 of 24.4%<\/strong><\/p>\n<p><strong><em>Performance Highlights<\/em><\/strong>\u00a0from\u00a0<a title=\"VPEG2B-2018-Annual-Report\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2018\/11\/VPEG2B-2018-Annual-Report.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2B\u2019s 2018 Annual Report<\/a>;<\/p>\n<div class=\"page\" style=\"color: #000000;\" title=\"Page 4\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<div class=\"column\">\n<p>&#8211; \u00a0 \u00a0 $2.91m in Additional Capital Drawn by underlying Private Equity funds<\/p>\n<div class=\"column\">\n<p>&#8211; \u00a0 \u00a0 15 new underlying company investments added to the portfolio<\/p>\n<div class=\"column\">\n<p>&#8211; \u00a0 \u00a0 1 underlying company sold delivering &gt; 2.5 X cost of original investment<\/p>\n<div class=\"column\">\n<p>&#8211; \u00a0 \u00a0 A total of 37 underlying company investments completed with 2 exits now realised<\/p>\n<div class=\"column\">\n<p>&#8211; \u00a0 \u00a0 Total distributions received from underlying funds during the year of $1.025m<\/p>\n<div class=\"column\">\n<p>&#8211; \u00a0 \u00a0 Net Profit of $0.26m<\/p>\n<div class=\"column\">\n<p>&#8211; \u00a0 \u00a0 Total distributions paid to Unit Holders during FY18 of $0.63m ($0.072 per unit)<\/p>\n<div class=\"column\">\n<p>&#8211; \u00a0 \u00a0 <strong>Total Unit Holder Return during FY18 of 10.3%<\/strong><\/p>\n<p><strong>26\u00a0May 2018\u00a0<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 31 March\u00a02018<\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0 Odyssey Private Equity Fund 8\u00a0acquires a controlling interest in Australian outdoor leisure products business,\u00a0OZtrail<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0 Adamantem Capital Fund 1\u00a0portfolio company,\u00a0Heritage Lifecare, doubles the number of aged care beds across its facilities with an additional three aged care business acquisitions completed and announced during the quarter<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0 The Pencarrow Bridge Fund\u00a0announces an investment into leading manufacturer and distributor of gourmet yoghurt,\u00a0The Collective<\/p>\n<p>View or download a copy of the\u00a0<a title=\"VPEG2-Quarterly-Report-March-2018\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2018\/05\/VPEG2-Quarterly-Report-March-2018.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report\u00a0March 2018<\/a><\/p>\n<p><strong>22 February 2018 <\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 31 December\u00a02017<\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0 CHAMP IV acquires infrastructure consumables supplier, Jaybro Group and invests in receivables management company Panthera Finance<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0 Adamantem Capital Fund 1 acquires controlling interest in premium horse feed producer, Hygain Holdings<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0 Mercury Capital Fund 2 acquires a majority shareholding in International Volunteer HQ Limited<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0 Next Capital Fund III announces the acquisition of artisanal commercial bakery, Noisette Bakery<\/p>\n<p style=\"padding-left: 30px;\">&#8211;\u00a0\u00a0 VPEG2 pays distribution to all unit holders following the sale of Infinite Aged Care by Next Capital Fund<\/p>\n<p>View or download a copy of the <a title=\"VPEG2 Quarterly Report December 2017\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2018\/02\/VPEG2-Quarterly-Report-December-2017.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report December 2017<\/a><\/p>\n<p><strong>30\u00a0November 2017<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 30 September 2017<\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<p style=\"padding-left: 30px;\">&#8211; Next Capital III sells its interest in Infinite Aged Care to Moelis Australia delivering a strong top quartile return on investment.<\/p>\n<p style=\"padding-left: 30px;\">&#8211; Six new investments announced \/ completed during the quarter, bringing the total of underlying company investments in VPEG2\u2019s portfolio to 28.<\/p>\n<p style=\"padding-left: 30px;\">&#8211; VPEG2 completes a $0.5m co-investment with Yorkway Partners into Fitzpatrick Financial Group<\/p>\n<p>View or download a copy of the <a title=\"VPEG2 Quarterly Report September 2017\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2017\/12\/VPEG2-Quarterly-Report-September-2017.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report September 2017<\/a><\/p>\n<p><strong>31 October 2017<\/strong><\/p>\n<p><strong>Notice of Annual General Meeting<\/strong><\/p>\n<p>The 2017 Annual General Meeting (AGM) for Vantage Private Equity Growth Trusts 2A &amp; 2B\u00a0(VPEG2 A &amp; B) will be held at 11.00am AEDST, Tuesday\u00a021 November 2017 at L17, 8 Chifley Square, Sydney NSW 2000<\/p>\n<p><strong><em>Performance Highlights<\/em><\/strong>\u00a0from\u00a0<a title=\"VPEG2A-2017-Annual-Report\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2017\/11\/VPEG2A-2017-Annual-Report.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2A\u2019s 2017 Annual Report<\/a>;<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 $15m of New Investment Commitments made across three additional Private Equity funds<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 $37.6m of Total Investment Commitments made to date across eight Private Equity funds<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 $5.57m in Additional Capital Drawn by underlying Private Equity funds<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 13 new underlying company investments added to the portfolio<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 A total of 22 underlying company investments now within the portfolio<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 Total distributions received from underlying funds during the year of $1.68m<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 Net Profit of $1.23m<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 Total distributions paid to Unit Holders during FY17 of $0.06 per partly paid unit<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 Total Unit Holder return during FY17 of 11.5%<\/p>\n<p><strong><em>Performance Highlights<\/em><\/strong>\u00a0from\u00a0<a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2017\/12\/VPEG2B-2017-Annual-Report.pdf\">VPEG2B\u2019s 2017 Annual Report;<\/a><\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 $4.85m of New investment commitments made across three additional Private Equity funds<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 $12.95m of total investment commitments to date made across eight Private Equity funds<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 $2.07m in Additional capital drawn by underlying Private Equity funds<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 13 new underlying company investments added to the portfolio<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 A total of 22 underlying company investments now within the portfolio<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 Total distributions received from underlying funds during the year of $0.83m<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 Net Profit of $0.75m<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 Total distributions paid to Unit Holders during FY17 of $0.079 per paid unit<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0 Total Return to Unit Holders during FY17 of 10.6% p.a.<\/p>\n<p><strong>31 August 2017<\/strong><\/p>\n<p><strong>VPEG2 Completes Co-investment into Fitzpatrick Financial Group<\/strong><\/p>\n<p style=\"color: #676767;\"><span style=\"color: #000000;\">Vantage Private Equity Growth 2 today announced that it had completed a $500,000 co-investment into Fitzpatrick Financial Group.<\/span><\/p>\n<p style=\"color: #676767;\"><span style=\"color: #000000;\">VPEG2 co-invested with Yorkway Partners in Fitzpatrick Financial Group who, together with Quadrant Private Equity, funded the acquisition of a strategic acquisition, Retirement Victoria. Yorkway and Quadrant will partner with the key management team and shareholders of Fitzpatricks including John McMurdo, Alex Hone, John Woodley and Chris Cuffe to continue growing the business.<\/span><\/p>\n<p style=\"color: #676767;\"><span style=\"color: #000000;\">Read more about\u00a0<a href=\"https:\/\/vpeg2.info\/fitzpatrick-financial-group\/\">Fitzpatrick Financial Group<\/a><\/span><\/p>\n<p><strong>18\u00a0August 2017<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 30 June\u00a02017<\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<p>&#8211; Allegro Fund II completes the acquisition of Terrex Group, Australia\u2019s leading onshore seismic surveyor providing seismic acquisition services, GPS surveying &amp; geophysical processing services to the oil and gas, minerals and government geoscience research sectors.<\/p>\n<p>&#8211; Adamantem Capital Fund 1 completes the acquisition of Heritage Lifecare, a New Zealand aged-care and retirement village operator with 969 beds and 320 living units under management across 19 facilities.<\/p>\n<p>&#8211; Improvements in value across VPEG2\u2019s underlying Private Equity portfolio, delivers an\u00a0<em><strong>increase in Net Asset Value (NAV) to\u00a0VPEG2A of 10.4% and VPEG2B of 4%, across the quarter<\/strong><\/em>.<\/p>\n<p>View or download a copy of the\u00a0<a title=\"VPEG2-Quarterly-Report-June-2017\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2017\/08\/VPEG2-Quarterly-Report-June-2017.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report June\u00a02017<\/a><\/p>\n<p><strong>15 May\u00a02017<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 31 March\u00a02017<\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<p class=\"p1\"><span class=\"s1\">&#8211; \u00a0<\/span>VPEG2 Commits $7.5m to Odyssey Private Equity Fund 8, managed by Sydney, Australia based, Odyssey Private Equity.<\/p>\n<p class=\"p2\"><span class=\"s1\">&#8211;\u00a0<\/span><span class=\"s1\">Five new underlying company investments added to VPEG2\u2019s portfolio during the quarter.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">&#8211;\u00a0<\/span><span class=\"s1\">VPEG2 receives additional distributions from Allegro II from the exit of Great Southern Rail and from CHAMP IV as a return of capital from underlying investee, Pepperstone Group.<\/span><\/p>\n<p>View or download a copy of the <a title=\"VPEG2-Quarterly-Report-March-2017\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2017\/05\/VPEG2-Quarterly-Report-March-2017.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report March\u00a02017<\/a><\/p>\n<p><strong>22 March 2017<\/strong><\/p>\n<p><strong>VPEG2 Commits $7.5m to Odyssey Private Equity Fund 8<\/strong><\/p>\n<p>Odyssey Private Equity Fund 8 is a $275m growth capital fund, managed by Sydney, Australia based, <a href=\"http:\/\/odysseype.com.au\/\" target=\"_blank\" rel=\"noopener noreferrer\">Odyssey Private Equity<\/a> (Odyssey)<\/p>\n<p>Odyssey was established in early 2017 by Gareth Banks, Jonathan Kelly and Paul Readdy, former CHAMP Ventures directors, as well as George Penklis, a co-founder and former partner of Quadrant Private Equity.<\/p>\n<p>Odyssey\u2019s partners bring a wealth of experience, drawn from more than 50 private equity investments completed during their careers.<\/p>\n<p>Read more about\u00a0t<span style=\"color: #000000;\">he\u00a0<a href=\"https:\/\/vpeg2.info\/odyssey-private-equity-fund-8\/\" target=\"_blank\" rel=\"noopener noreferrer\">Odyssey Private Equity Fund 8<\/a><\/span><\/p>\n<p><strong>15\u00a0February\u00a02017<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 31\u00a0December 2016<\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<p class=\"p1\"><span class=\"s1\">&#8211;<\/span><span class=\"s2\">\u00a0<\/span><span class=\"s1\">VPEG2 Commits NZ$2m to the Pencarrow Bridge Fund, managed by Wellington, New Zealand headquartered, Pencarrow Private Equity.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">&#8211;\u00a0<\/span><span class=\"s1\">Four new underlying company investments added to VPEG2\u2019s portfolio during the quarter.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">\u00a0<\/span><span class=\"s1\">&#8211;\u00a0<\/span><span class=\"s1\">Allegro II rolls a portion of its sale proceeds from Great Southern Rail into a co-investment in Experience Australia.<\/span><\/p>\n<p>View or download a copy of the<a href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2017\/02\/VPEG2-Quarterly-Report-December-2016.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">\u00a0VPEG2 Quarterly Report December\u00a02016<\/a><\/p>\n<p><strong>23\u00a0December 2016<\/strong><\/p>\n<p><strong>VPEG2 commits $10m to\u00a0Adamantem Capital Fund 1<\/strong><\/p>\n<p>Adamantem Capital Fund 1 is managed by Adamantem Capital Pty Limited of Sydney. The Fund is targeting total commitments from investors of $600m, for investment into mid-market expansion and buyout opportunities in Australia and New Zealand. Adamantem completed a first close of Adamantem Capital Fund 1 in late\u00a0December 2016.<\/p>\n<p>Read more about\u00a0t<span style=\"color: #000000;\">he\u00a0<a href=\"https:\/\/vpeg2.info\/adamantem-capital-fund-1\/\" target=\"_blank\" rel=\"noopener noreferrer\">Adamantem Capital Fund 1<\/a><\/span><\/p>\n<p><strong>30 November 2016<\/strong><\/p>\n<p><strong>VPEG2 commits NZ$2m to Pencarrow Bridge Fund<\/strong><\/p>\n<p><span style=\"color: #000000;\">The Pencarrow Bridge Fund is a NZ$80 Million small-mid market expansion and buyout fund, managed by Wellington, New Zealand headquartered Pencarrow Private Equity.\u00a0 The Bridge Fund is designed to be a concentrated portfolio across two to four investments to\u00a0ensure opportunities are captured while Pencarrow prepare\u00a0for the launch of their next fund, Pencarrow V in 2017.<\/span><\/p>\n<p>Read more about\u00a0t<span style=\"color: #000000;\">he <a title=\"Pencarrrow Bridge Fund\" href=\"https:\/\/vpeg2.info\/pencarrrow-bridge-fund\/\" target=\"_blank\" rel=\"noopener noreferrer\">Pencarrow Bridge Fund<\/a><\/span><\/p>\n<p><strong>17 November 2016<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 30 September\u00a02016<\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<p>&#8211;\u00a0<span style=\"color: rgb(13.700000%, 12.200000%, 12.500000%);\">Allegro II announces the sale of <\/span>Great Southern Rail to Quadrant Private Equity delivering VPEG2 a strong top quartile return<\/p>\n<p>&#8211; Allegro II acquires the master franchise licence for Pizza Hut in Australia.<\/p>\n<p><span style=\"color: rgb(13.700000%, 12.200000%, 12.500000%);\">&#8211; CHAMP IV acquires Containerchain\u2014a <\/span>web based technology software provider servicing the container logistics sector.<\/p>\n<p>&#8211; VPEG2 now ultimately holds interests in eleven underlying company investments<\/p>\n<p>View or download a copy of the\u00a0<a title=\"VPEG2-Quarterly-report-September-2016\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2017\/01\/VPEG2-Quarterly-report-September-2016.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report September\u00a02016<\/a><\/p>\n<p><strong>31 October 2016<\/strong><\/p>\n<p><strong>Notice of Annual General Meeting<\/strong><\/p>\n<p class=\"p1\"><span class=\"s1\">The 2016 Annual General Meeting (AGM) for Vantage Private Equity Growth Trusts 2A &amp; 2B\u00a0(VPEG2 A &amp; B) will be held at 11.00am AEDST, Tuesday\u00a029 November 2016 at L17, 8 Chifley Square, Sydney NSW 2000<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The Agenda, for the meeting can be downloaded here;\u00a0<a title=\"VPEG2-Notice-of-AGM-for-29Nov16\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2016\/11\/VPEG2-Notice-of-AGM-for-29Nov16.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 2016 AGM Notification<\/a><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><em><strong>Performance Highlights<\/strong><\/em>\u00a0from\u00a0<a title=\"VPEG2A-Annual-Report-2016\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2016\/11\/VPEG2A-Annual-Report-2016.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2A&#8217;s 2016 Annual Report<\/a>;<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">&#8211;<\/span><span class=\"s2\">\u00a0<\/span><span class=\"s4\">$11.54m of New Investment commitments made across three additional Private equity funds during the year<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">&#8211;<\/span><span class=\"s2\">\u00a0<\/span><span class=\"s4\">$22.6m of total investment commitments to date made across five Private Equity funds<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">&#8211;<\/span><span class=\"s2\">\u00a0<\/span><span class=\"s4\">$4.5m in capital drawn into new investments by underlying Private Equity funds<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">&#8211;<\/span><span class=\"s2\">\u00a0<\/span><span class=\"s4\">Five new underlying company investments added to the portfolio<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">&#8211;<\/span><span class=\"s2\">\u00a0<\/span><span class=\"s4\">A total of nine underlying company investments within the portfolio at 30 June 2016<\/span><\/p>\n<p class=\"p2\"><em><strong>Performance Highlights<\/strong><\/em>\u00a0from\u00a0<a title=\"VPEG2B-Annual-Report-201\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2016\/11\/VPEG2B-Annual-Report-2016.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2B&#8217;s 2016 Annual Report<\/a>;<\/p>\n<p class=\"p2\"><span class=\"s1\">&#8211;<\/span><span class=\"s2\">\u00a0<\/span><span class=\"s4\">$2.9m of New Investment commitments made across three additional Private equity funds during the year<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">&#8211;<\/span><span class=\"s2\">\u00a0<\/span><span class=\"s4\">$8.1m of total investment commitments made to date across five Private Equity funds<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">&#8211;<\/span><span class=\"s2\">\u00a0<\/span><span class=\"s4\">$1.5m in capital drawn into new investments by underlying Private Equity funds<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">&#8211;<\/span><span class=\"s2\">\u00a0<\/span><span class=\"s4\">Five new underlying company investments added to the portfolio<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">&#8211;\u00a0<\/span><span class=\"s4\">A total of nine underlying company investments within the portfolio at 30 June 2016<\/span><\/p>\n<p><strong>15 September 2016<\/strong><\/p>\n<p><strong>Allegro II Sells Great Southern Rail to Quadrant Private Equity<\/strong><\/p>\n<p class=\"p1\"><span class=\"s1\">Vantage Private Equity Growth 2 (VPEG2) investee, Allegro Fund II, today announced that Quadrant Private Equity has entered into an agreement to acquire a majority stake in Allegro II portfolio company, Great Southern Rail (GSR).<\/span><\/p>\n<p class=\"p1\">GSR is the operator of luxury Australian transcontinental passenger rail services, The Ghan, The Indian Pacific and The Overland.<\/p>\n<p class=\"p1\">Allegro initially acquired GSR in May 2015, with a 16-month ownership period that saw it stabilise the business and more than double its earnings.<\/p>\n<p class=\"p1\">Read more about\u00a0<a title=\"Allegro Sells GSR to Quadrant\" href=\"https:\/\/vpeg2.info\/allegro-ii\/\" target=\"_blank\" rel=\"noopener noreferrer\">Allegro&#8217;s\u00a0Sale of GSR to Quadrant<\/a><\/p>\n<p><strong>6 September 2016<\/strong><\/p>\n<p><strong>Allegro II Acquires Pizza Hut Australia<\/strong><\/p>\n<p>Vantage Private Equity Growth 2 (VPEG2) investee, Allegro Fund II, today announced that together with a local management buy-in (MBI) team it has acquired the master franchisee licence for Pizza Hut in Australia from US-based parent company Yum! Brands, global owner of the Pizza Hut brand.<\/p>\n<p>Allegro will deploy its successful investment methodology of combining growth capital with management expertise to grow the Pizza Hut brand in Australia and drive operational improvements across the store network.<\/p>\n<p>Read more about\u00a0<a title=\"Allegro II\" href=\"https:\/\/vpeg2.info\/allegro-ii\/\" target=\"_blank\" rel=\"noopener noreferrer\">Allegro&#8217;s Pizza Hut\u00a0Acquisition<\/a><\/p>\n<p><strong>31 August 2016<\/strong><\/p>\n<p><strong>CHAMP IV Invests in Container Logistics Software provider\u00a0<span style=\"color: #000000;\">Containerchain<\/span><\/strong><\/p>\n<p style=\"color: #000000;\">On 31 August 2016\u00a0CHAMP IV invested in Containerchain, a business to business, web based technology software provider servicing\u00a0the container logistics sector.<\/p>\n<p style=\"color: #000000;\">Containerchain\u2019s technological solutions are tailored to the intricacies of the Landside, Dockside and Waterside needs of all participants in the industry including freight forwarders, importers, exporters, transport operators, empty container depots and shipping lines.<\/p>\n<p>Read more about\u00a0<a title=\"CHAMP IV\" href=\"https:\/\/vpeg2.info\/champ-iv\/\" target=\"_blank\" rel=\"noopener noreferrer\">CHAMP IV&#8217;s <span style=\"color: #000000;\">Containerchain<\/span>\u00a0Acquisition<\/a><\/p>\n<p><strong>18\u00a0August 2016<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 30\u00a0June 2016<\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<p>&#8211; Mercury 2 acquires a controlling interest in Australia\u2019s 2nd largest day hospital owner and service provider, Nexus Day Hospitals.<\/p>\n<p>&#8211; Mercury 2 investee, Hexagon Group, becomes the largest labels manufacturing business in Australasia following the bolt-on acquisition of Adhesif Labels.<\/p>\n<p>&#8211; VPEG2 now ultimately holds interests in nine underlying company in- vestments.<\/p>\n<p class=\"p3\">View or download a copy of the\u00a0<a title=\"VPEG2-Quarterly-report-June-16\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2016\/08\/VPEG2-Quarterly-report-June-16.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report June\u00a02016<\/a><\/p>\n<p><strong>30 June 2016<\/strong><\/p>\n<div class=\"page\" title=\"Page 3\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p><strong>Mercury Capital Fund 2 Acquires Nexus Day Hospitals<\/strong><\/p>\n<p>On 30 June 2016, Mercury 2 completed the acquisition of Nexus Day Hospitals (\u2018Nexus\u2019) in conjunction with the simultaneous settlement of the Fund\u2019s investment and Nexus\u2019s acquisition of National Day Surgeries (\u2019NDS\u2019).<\/p>\n<p>The combined transaction establishes Nexus as the second largest day surgery business in Australia with a total of 10 high-quality day hospitals located along the southern and eastern states including Adelaide, Hobart, Melbourne, Sydney, Albury and Newcastle.<\/p>\n<p>The combined business operates across five main medical craft groups (ophthalmic, gastro, plastic, orthopaedic and pain) with high quality surgical facilities and a management team with deep industry experience. Mercury is partnered in the investment by over 60 shareholder doctors.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><strong>16 May 2016<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 31 March 2016<\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<p>&#8211; VPEG2 commits $8m to CHAMP IV and NZ$4m to Waterman Fund 3.<\/p>\n<p>&#8211; CHAMP IV acquires a controlling interest in Australia\u2019s largest online foreign exchange platform provider, Pepperstone.<\/p>\n<p>&#8211; VPEG2 now ultimately holds interests in eight underlying company investments.<\/p>\n<p class=\"p3\">View or download a copy of the\u00a0<a title=\"VPEG2-Quarterly-Report-March-2016\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2016\/05\/VPEG2-Quarterly-Report-March-2016.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report\u00a0March 2016<\/a><\/p>\n<p><strong>3 March 2016<\/strong><\/p>\n<p><strong>CHAMP IV invests in Pepperstone Group<\/strong><\/p>\n<p>Pepperstone Group\u00a0a high growth online investment platform specialising in\u00a0Foreign Exchange, commodities and Contract For Difference (CFD) products.<\/p>\n<p>Founded in 2010, Pepperstone is headquartered in Melbourne with offices also in Shanghai and Dallas, providing 24 hour global coverage and client support to its over 26,000 active clients that currently trade more than $100 billion in Foreign exchange turnover monthly utilising Pepperstone&#8217;s platform.<\/p>\n<p>With\u00a0an\u00a0automated proprietary back-office IT systems to enable operations, Pepperstone\u00a0provides\u00a0superior technology that uses low-latency execution\u00a0and delivers\u00a0\u00a0low-cost spreads,\u00a0resulting in\u00a0exceptional customer service.<\/p>\n<p><span style=\"color: #424242;\">CHAMP invested in Pepperstone to assist it to<span style=\"color: #000000;\">\u00a0expand internationally, grow the company\u2019s branding efforts and widen its product\u00a0<\/span>offerings<span style=\"color: #000000;\">\u00a0through partnerships with technology vendors in different regions.<\/span><\/span><\/p>\n<p><strong>15 February 2016<\/strong><\/p>\n<p><strong>VPEG2 commits $8m to CHAMP IV<\/strong><\/p>\n<p style=\"color: #000000;\">CHAMP IV is a $1 Billion\u00a0(target) mid market buyout fund, managed by Sydney, Australia\u00a0headquartered CHAMP Private Equity Pty Ltd (\u201cCHAMP\u201d).<\/p>\n<p style=\"color: #000000;\">CHAMP has one of the most successful private equity track records in Australasia, with a history of principal investment dating back to 1987. Its core focus is on the Australian and New Zealand markets, but with an international reach extending into Asia and North America.<\/p>\n<p style=\"color: #000000;\">CHAMP has delivered top quartile results to its investors over its historical track record since 1987.<\/p>\n<p style=\"color: #000000;\">The investment philosophy at CHAMP is value creation through earnings growth. Prudent leverage is a factor in the business model, however, the real driver of value creation is sustainable earnings growth based on superior management and investment in growth initiatives.<\/p>\n<p><strong>12\u00a0February 2016<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 31\u00a0December 2015<\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<p class=\"p1\"><span class=\"s1\">&#8211; \u00a0Next Capital Fund III acquires controlling interest in Australia\u2019s largest wholesaler of Fresh cut Flowers, Lynch Group.<\/span><\/p>\n<p class=\"p2\">&#8211; VPEG2A commits a further $2.5m to Next Capital Fund III, increasing VPEG2\u2019s total committed capital to Next III to $8m.<\/p>\n<p class=\"p2\">&#8211; Mercury 2 invests in label manufacturing business, Hexagon Holdings.<\/p>\n<p class=\"p3\">View or download a copy of the\u00a0<a title=\"VPEG2-Quarterly-Report-December-2015\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2016\/02\/VPEG2-Quarterly-Report-December-2015.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report December\u00a02015<\/a><\/p>\n<p><strong>03 December 2015<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 30 September\u00a02015<\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<p class=\"p1\"><span class=\"s1\">&#8211; Allegro II completes acquisition of a controlling interest in Carpet Court NZ.<\/span><\/p>\n<p class=\"p2\">&#8211; VPEG2 ultimately holds interests in five underlying private equity company investments at quarter end.<\/p>\n<p class=\"p2\">&#8211; VPEG2 NAV increases due to an enhancement in the holding value of the underlying Private Equity portfolio attributable to earnings improvements across the portfolio.<\/p>\n<p class=\"p3\">View or download a copy of the\u00a0<a title=\"VPEG2-Quarterly-Report-September-2015\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2015\/12\/VPEG2-Quarterly-Report-September-2015.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report September\u00a02015<\/a><\/p>\n<p><strong>5 November 2015<\/strong><\/p>\n<p><strong>Next Capital III acquires controlling interest in Lynch Group\u00a0<\/strong><\/p>\n<p>Lynch is Australia\u2019s leading integrated supplier, wholesaler and merchandiser of fresh cut flowers and potted plants. Lynch also operates farming and processing assets in Kunming, China, as well as three farms in Australia that grow and supply specialty flower and potted products to support the Company\u2019s range.<\/p>\n<p>The core business, which services Australia\u2019s major supermarket chains, has a strong market position, difficult to replicate by its competitors.\u00a0 The Company has also been building other distribution channels via additional major retail outlets such as Aldi and Bunnings as well as an online presence.<\/p>\n<p><strong style=\"font-weight: bold;\">29 October 2015<\/strong><\/p>\n<p><strong style=\"font-weight: bold;\">Notice of Annual General Meeting<\/strong><\/p>\n<p class=\"p1\"><span class=\"s1\">The 2015 Annual General Meeting (AGM) for Vantage Private Equity Growth Trusts 2A &amp; 2B\u00a0(VPEG2 A &amp; B) will be held at 10.30am AEDST, Wednesday 25 November 2015 at L17, 8 Chifley Square, Sydney NSW 2000<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The Agenda, for the meeting can be downloaded here;\u00a0<a title=\"VPEG2-Notice-of-AGM-for-25Nov15\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2015\/11\/VPEG2-Notice-of-AGM-for-25Nov15.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 2015 AGM Notification<\/a><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><em><strong>Performance Highlights<\/strong><\/em> from <a title=\"VPEG2A-2015-Annual-Report\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2015\/11\/VPEG2A-2015-Annual-Report.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2A&#8217;s 2015 Annual Report<\/a>;<\/span><\/p>\n<p class=\"p2\">\u00a0&#8211;\u00a0First close Completed 28 May 2014<\/p>\n<p class=\"p2\">\u00a0&#8211; First Private Equity Investment Commitment made in November 2014<\/p>\n<p class=\"p2\">\u00a0&#8211; Final close completed on 28 May 2015<\/p>\n<p class=\"p2\">\u00a0&#8211; $11.3m of Investment commitments made across three Private Equity funds during the year<\/p>\n<p class=\"p2\">\u00a0&#8211; $958,000 in capital drawn by underlying Private Equity funds<\/p>\n<p class=\"p2\">\u00a0&#8211; Four new underlying company investments added to the portfolio<\/p>\n<p class=\"p2\"><em><strong>Performance Highlights<\/strong><\/em> from\u00a0<a title=\"VPEG2B-2015-Annual-Report\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2015\/11\/VPEG2B-2015-Annual-Report.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2B&#8217;s 2015 Annual Report<\/a>;<\/p>\n<p class=\"p2\">\u00a0&#8211; First close Completed 28 May 2014<\/p>\n<p class=\"p2\">\u00a0&#8211;\u00a0First Private Equity Investment Commitment made in November 2014<\/p>\n<p class=\"p2\">\u00a0&#8211;\u00a0Final close completed on 28 May 2015<\/p>\n<p class=\"p2\">\u00a0&#8211;\u00a0$5.2m of Investment commitments made across three Private Equity funds during the year<\/p>\n<p class=\"p2\">\u00a0&#8211;\u00a0$489,000 in capital drawn by underlying Private Equity funds<\/p>\n<p class=\"p2\">\u00a0&#8211;\u00a0Four new underlying company investments added to the portfolio<\/p>\n<p><strong>19\u00a0August 2015<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 30\u00a0June 2015<\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<p>&#8211;\u00a0VPEG2 Commits $5m to Mercury Capital Fund 2 managed by Sydney based Mercury Capital.<\/p>\n<p class=\"p1\"><span class=\"s1\">&#8211;\u00a0Allegro II completes acquisition of Great Southern Rail, which includes The Ghan, The Indian Pacific and The Overland in Australia, from UK listed Serco.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">&#8211;\u00a0At 30 June 2015, VPEG2 ultimately held interests in four underlying private equity company investments.\u00a0<\/span><\/p>\n<p class=\"p3\">View or download a copy of the\u00a0<a title=\"VPEG2-Quarterly-Report-June-2015\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2015\/08\/VPEG2-Quarterly-Report-June-2015.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report June\u00a02015<\/a><\/p>\n<p><strong>28\u00a0July 2015<\/strong><\/p>\n<p><strong>Allegro II Acquires NZ&#8217;s Carpet Court<\/strong><\/p>\n<p><span style=\"font-size: 10pt; font-family: Georgia; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;\">Allegro Funds Pty Ltd (Allegro) today announced\u00a0that its Allegro II fund has taken a controlling interest in New Zealand\u2019s leading flooring retailer Carpet Court, which has 60 outlets across the country.<\/span><\/p>\n<p>Once sale conditions are met, Carpet Court will be recapitalised and its assets transferred to Carpet Court New Zealand Holdings Limited, and the business will be bank debt free on completion of the deal.<\/p>\n<p>Read more about <a title=\"Allegro's Carpet Court Acquisition\" href=\"https:\/\/vpeg2.info\/allegro-ii\/\" target=\"_blank\" rel=\"noopener noreferrer\">Allegro&#8217;s Carpet Court Acquisition<\/a><\/p>\n<p><strong>28 May 2015<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 31 March 2015<\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<p>&#8211; Allegro II announces the acquisition of Great Southern Rail, which includes The Ghan, The Indian Pacific and The Overland in Australia, from UK listed Serco.<\/p>\n<p>&#8211; At 31 March 2015, VPEG2 ultimately held interests in two underlying company investments, with a further two investment to be funded during June 2015.<\/p>\n<p>View or download a copy of the\u00a0<a title=\"VPEG2-Quarterly-Report-Mar15\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2015\/06\/VPEG2-Quarterly-Report-Mar15.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report March\u00a02015<\/a><\/p>\n<p><strong>15 May 2015<\/strong><\/p>\n<p><strong>VPEG2 Commits $5.0m to Mercury Capital Fund 2<\/strong><\/p>\n<p>The $300m, Mercury Capital Fund 2 is managed by Sydney based Mercury Capital (<a title=\"Mercury Capital\" href=\"http:\/\/www.mercurycapital.com.au\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.mercurycapital.com.au<\/a>) an independently owned, Australian private equity fund manager investing primarily into small to mid-market sized businesses within Australia and New Zealand.<\/p>\n<p>Mercury\u2019s core focus is investing in established businesses with market leading positions. Mercury seeks to add value through developing and executing a strategic plan to generate growth. Mercury&#8217;s approach is to work closely in partnership with existing owners and managers to enable a business to realise its full growth potential.<\/p>\n<p>Mercury Capital&#8217;s strength is their knowledge. The Investment Manager and Board has significant experience from a number of highly successful private equity investments in Australia, New Zealand and the US. The teams diverse expertise also includes successfully starting, growing and selling significant businesses, and from operating at senior board and management positions in companies throughout Australia and New Zealand.<\/p>\n<p><strong>04 May 2015<\/strong><\/p>\n<p><strong>The Final Closing Date for Vantage Private Equity Growth 2 (VPEG2) has been set as 22 May 2015.<\/strong><\/p>\n<p>Applicants seeking to invest into VPEG2 must complete, sign and post the application form, located from page 54 within\u00a0the VPEG2 Information Memorandum with applications &amp; application monies to be received by VPEG2&#8217;s\u00a0Unit Registry, Boardroom (Victoria) Pty Ltd, by 5pm, Friday 22 May 2015.<\/p>\n<p>Applications can also be emailed to the Unit Registry at vantageasset@boardroomlimited.com.au and cc&#8217;d to info@vantageasset.com with application monies deposited by EFT, as detailed on the application form, found within\u00a0the VPEG2 Information Memorandum.<\/p>\n<p>Download a copy of the\u00a0<a title=\"VPEG2-Information-Memorandum-May-15\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2015\/05\/VPEG2-Information-Memorandum-May-15.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Information Memorandum<\/a><\/p>\n<p><strong>30 March 2015<\/strong><\/p>\n<p><strong>Allegro II Acquires Great Southern Rail<\/strong><\/p>\n<p>Allegro Funds Pty Ltd (Allegro) today announced its plans to acquire Great Southern Rail (GSR) which operates the transcontinental passenger rail services, The Ghan, The Indian Pacific and The Overland in Australia from Serco.<\/p>\n<p>Great Southern Rail operates three trains: The Indian Pacific (Sydney-Adelaide-Perth), The Ghan (Adelaide-Alice Springs-Darwin) and The Overland (Melbourne-Adelaide).<\/p>\n<p>View\u00a0Details on <a title=\"allegro-ii-acquires-great-southern-rail\" href=\"https:\/\/vpeg2.info\/%20allegro-ii-acquires-great-southern-rail\" target=\"_blank\" rel=\"noopener noreferrer\">Allegro&#8217;s Acquisition of GSR<\/a><\/p>\n<p><strong>10 February 2015<\/strong><\/p>\n<p><strong>VPEG2 Quarterly Report for the 3 months ending 31\u00a0December 2014<\/strong><\/p>\n<p>Special Points of Interest;<\/p>\n<p>&#8211; VPEG2 Commits $5.5m to Mid Market Buyout Specialist Next Capital Fund III.<\/p>\n<p>&#8211; Next III acquires Controlling Interest in National Leasehold Aged Care Business Infinite Aged Care<\/p>\n<p>&#8211; Next III Completes Management Buy-out of Leading Urban Bus Operator Forest Coach Lines.<\/p>\n<p>&#8211; VPEG2 Commits $6m to Private Equity Transformational Capital Specialist, Allegro Fund II, Whose First Investment is Australia\u2019s 2nd Largest Bus Manufacturer, Custom Bus.<\/p>\n<p>View or download a copy of the\u00a0<a title=\"VPEG2-Quarterly-Report-December-2014\" href=\"https:\/\/vpeg2.info\/wp-content\/uploads\/2015\/02\/VPEG2-Quarterly-Report-December-2014.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VPEG2 Quarterly Report December 2014 <\/a><\/p>\n<p><strong>23 December 2014<\/strong><\/p>\n<p><strong>Next Capital III\u00a0Completes Management Buy-out of Forest Coach Lines<\/strong><\/p>\n<p>Established in 1930 Forest Coach Lines is a leading urban bus operator, currently focused on delivering passengers from Sydney\u2019s north shore to four of Sydney\u2019s key metropolitan centres; CBD, North Sydney, Chatswood and Macquarie Centre. Forest also operates an ancillary charter business providing short group transfers, or extended group tours to regional locations across the country.<\/p>\n<p>Click here to read more about <a href=\"https:\/\/vpeg2.info\/next-capital-fund-iii\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forest Coach Lines<\/a><\/p>\n<p><strong>12 December 2014<\/strong><\/p>\n<p><strong>VPEG2 Commits $6.0m to Allegro Fund II<\/strong><\/p>\n<p>Allegro Fund II is managed by Sydney based Allegro (<a href=\"http:\/\/www.allegrofunds.com.au\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.allegrofunds.com.au<\/a>) an independently owned Australian fund manager investing primarily in mid-market businesses within Australia and New Zealand. Allegro currently manages more than $1.1 billion of enterprise value in investments.<\/p>\n<p>Allegro are specialists in \u201cTransformational Capital\u201d \u2013 applying capital and expertise to unlock and create value. Allegro invest equity funds on behalf of their investors, and work in partnership with management to realise growth potential and deliver enduring value to their investors.<\/p>\n<p>Click here to read more about <a href=\"https:\/\/vpeg2.info\/allegro-ii\/\" target=\"_blank\" rel=\"noopener noreferrer\">Allegro II<\/a><\/p>\n<p><strong>10 December 2014 <\/strong><\/p>\n<p><strong>Next Capital III Acquires Controlling Interest in Infinite Aged Care<\/strong><\/p>\n<p>Infinite Aged care\u00a0was established by two experienced operators in the aged care and property sectors with the objective of building a national leasehold aged care business. Infinite&#8217;s seed assets include five high performing facilities in South Australia (totalling 380 beds) and 250 bed licenses in South East Queensland. Infinite\u2019s strategy will involve establishing at least two regional clusters of facilities under strong asset-level and corporate management. Infinite aims to capture upside through acquisitions, developments, refurbishments and operational improvements.<\/p>\n<p>Click here to read more about <a href=\"https:\/\/vpeg2.info\/next-capital-fund-iii\/\" target=\"_blank\" rel=\"noopener noreferrer\">Infinite Aged Care<\/a><\/p>\n<p><strong>21 November 2014<\/strong><\/p>\n<p><strong>VPEG2 commits $5.5m to Next Capital Fund III&#8217;s First Close<\/strong><\/p>\n<p>Next Capital Fund III is managed by Sydney based Next Capital Management Pty Ltd.<\/p>\n<p>Next Capital Management (<a href=\"http:\/\/www.nextcapital.com.au\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.nextcapital.com.au<\/a>) was established in 2005 by Sandy Lockhart, Patrick Elliott and John White, who were former principals of Macquarie Bank\u2019s private equity arm, Macquarie Direct Investment Limited (MDI). MDI raised and invested four private equity funds with the founders of Next Capital delivering top quartile returns across the MDI investments in which they were involved.<\/p>\n<p>Having completed more than 50 investments and 42 exits across more than 25 years of investing, the executive team at Next Capital represent one of the most commercially experienced Private Equity managers in the Australian and New Zealand markets.<\/p>\n<p>Click here to read more about <a href=\"https:\/\/vpeg2.info\/next-capital-fund-iii\/\" target=\"_blank\" rel=\"noopener noreferrer\">Next Capital III<\/a><\/p>\n<p><strong>2<\/strong><strong>nd September 2014<\/strong><\/p>\n<p><strong>NAB Equity Lending Approves VPEG2 Investor Loan Facility<\/strong><\/p>\n<p>Vantage is pleased to announce that National Australia Bank (NAB) Equity Lending have approved an investor loan facility for clients seeking to invest in Vantage Private Equity Growth 2 (VPEG2) (via either Trust A or Trust B), with a 50% LVR. This NAB Equity Lending loan facility for VPEG2 also offers advisers and their clients:<\/p>\n<ul>\n<li>Competitive interest rates<\/li>\n<li>Access to funds: the ability to borrow against existing investments to free up cash for new investments<\/li>\n<li>Quick and easy application process: individual and joint applications are generally approved within 48 hours of receipt of a completed application<\/li>\n<li>A dedicated Account manager to assist advisers and their clients with applications.<\/li>\n<\/ul>\n<p><strong>Find out more; <\/strong><\/p>\n<p>For further information about the NAB &#8211; VPEG2 investor loan facility contact Vantage at; info@vantageasset.com<\/p>\n<p>Alternatively please speak to one of the NAB Business Development Managers (details below), to see how NAB Equity Lending can support investors or Advisers and their clients with their investment into VPEG2:<\/p>\n<p><strong>NSW <\/strong><\/p>\n<p>Richard Forsyth \u00a0\u00a0\u00a0\u00a0 0429 550 306<\/p>\n<p>Craig Saunders\u00a0\u00a0\u00a0\u00a0 \u00a00420 942 384<\/p>\n<p><strong>QLD \/ NT <\/strong><\/p>\n<p>Sean Kelly\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00410 348 716<\/p>\n<p><strong>WA<\/strong><\/p>\n<p>David Robertson\u00a0\u00a0\u00a0 0407 387 957<\/p>\n<p><strong>VIC \/ SA \/ TAS <\/strong><\/p>\n<p>Carolyn Beadle\u00a0\u00a0\u00a0\u00a0\u00a0 0428 641 904<\/p>\n<p><strong>Visit NAB&#8217;s website<\/strong><\/p>\n<p>To find out more about NAB Equity Lending, please visit the following link:<a href=\"http:\/\/www.nab.com.au\/personal\/investments\/margin-lending\">http:\/\/www.nab.com.au\/personal\/investments\/margin-lending<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>2 November 2023 Notice of VPEG2\u2019s Annual General Meeting The 2023 Annual General Meeting (AGM) for Vantage Private Equity Growth Trusts 2A &amp; 2B (VPEG2A &amp; B) will be held via video conference along with the Vantage Private Equity Growth Funds VPEG3, VPEG4 and VPEG5 commencing at 10:00 am AEDST, Thursday 23rd November 2023, broadcast [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-176","page","type-page","status-publish","hentry","category-about"],"_links":{"self":[{"href":"https:\/\/vpeg2.info\/index.php?rest_route=\/wp\/v2\/pages\/176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vpeg2.info\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/vpeg2.info\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/vpeg2.info\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/vpeg2.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=176"}],"version-history":[{"count":146,"href":"https:\/\/vpeg2.info\/index.php?rest_route=\/wp\/v2\/pages\/176\/revisions"}],"predecessor-version":[{"id":1363,"href":"https:\/\/vpeg2.info\/index.php?rest_route=\/wp\/v2\/pages\/176\/revisions\/1363"}],"wp:attachment":[{"href":"https:\/\/vpeg2.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vpeg2.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vpeg2.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}