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.
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.
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.
• 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
Wholesale investors with a minimum investment of $100,000
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.
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.
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Only institutional, sophisticated and wholesale investors, as defined in the Corporations Act 2001 (Cth), may make applications to invest in the Perennial Private to Public Opportunities Fund.
Are you a Wholesale Investor?
Private to Public Opportunities Commentary 12/19