In February 2022, Vantage Private Equity Growth 5 completed a $20 million investment commitment to Advent Partners 3 Fund (AP3).
Advent Partners 3 Fund, is managed by Advent Partners Pty Limited (https://advent.com.au/) of Melbourne Australia. AP3 is a target $500 million growth private equity fund, focusing on investment into profitable companies in the lower to mid market segment with an enterprise value of between $30 million and $200 million.
Established in 1984, Advent Partners is one of Australia’s most experienced Private Equity fund managers. The Firm has operated continuously for over 36 years, establishing and managing seven funds and have invested in more than 85 private businesses. Since 2013, Advent partners has been led by its five Partners; Robert Radcliffe-Smith, Mark Jago, Brad Lynch, Symon Vegter and Rob Hooke who have successfully worked in private equity for over 15 years.
Advent Partners have transitioned to become a specialist investment firm focused on four core sectors:
- Proven Technology & Software;
- Consumer Branded; and
- Education & Training.
Advent Partners investment objective is to partner with and support management teams to build market leading businesses to generate top quartile Private Equity returns for investors.