Private to Public Opportunities
Perennial Private to Public Opportunities Fund No.2
Description
The Perennial Private to Public Opportunities Fund No.2 is a wholesale unit trust that will invest in unlisted and listed companies over a five year period, with the aim to generate an absolute return for investors above a hurdle rate. The Fund will be managed by Perennial Value Management.
Objective
The Fund aims to generate superior returns from an actively managed portfolio of 30-45 unlisted, pre-IPO and listed companies over a five year period.
Investment Strategy
The Fund has been established to focus on investments in Unlisted Growth Investments, Pre-IPO Investments, IPO and Listed Placement Investments and will predominantly invest in Australia, but may also invest in assets likely to list in OECD member countries and other developed markets.
Key details of the strategy
• Investment Vehicle: Unlisted wholesale unit trust
• Fund Term: 5 years
• Target Fund Size: Minimum AUD50 million to Maximum AUD125 million
• Minimum Investment: $100,000
• Redemption: The Fund is subject to a lockup for the Fund Term
• Distribution: Annual distribution of realised gains
• The Offer closed on 2 October 2020
Investor Profile
Wholesale investors with a minimum investment of $100,000
Contact us
If you have any questions regarding the Private to Public strategy, please get in touch with one of our Investment Specialists. You can find their details at www.perennial.net.au/contact under Distribution Team Contacts.
Client enquiries
If you have any unit registry related questions please contact our custodian at registry@mainstreamgroup.com or on 1300 133 451 (+61 2 8259 8888 if you are calling internationally).
Perennial Private to Public Opportunities Fund
Description
The Perennial Private to Public Opportunities Fund is a wholesale unit trust that will invest in unlisted and listed companies over a five year period, with the aim to generate an absolute return for investors above a hurdle rate. The Fund will be managed by Perennial Value Management.
Objective
The Fund aims to generate superior returns from an actively managed portfolio of 30-45 unlisted, pre-IPO and listed companies over a five year period.
Risk/Return profile
High
Income distribution
Annual
Minimum investment
$100,000
Min. investment period
5 years
Commentaries Archive PPP1
Items
Commentaries Archive PPP2
Items
Private to Public Opportunities Commentary 12/19