Private to Public Opportunities

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

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.