In February 2022, Vantage Private Equity Growth 5 completed a $20 million investment commitment to Anchorage Capital Partners Fund IV (ACF IV).
Anchorage Capital Partners Fund IV, is managed by Anchorage Capital Partners (www.anchoragecapital.com. au) of Sydney, Australia. ACF IV is a (target) $500 million special situations and turnaround fund targeting investment into businesses with enterprise values between $50 million and $350 million located in Australia and New Zealand.
Anchorage Capital Partners Pty Limited (“Anchorage” or “the Firm”) was formed in 2007 by Phillip Cave and Daniel Wong as a dedicated private equity special situations manager. The Firm is now very much established in sourcing and managing a large volume of potential transactions benefiting from increasingly attractive opportunities in the ‘Special Situations’ and ‘Turnaround’ investment segment.
Over the Past fifteen years the firm has experienced a significant strengthening of its management team. The Firm’s Partners include one of the original founders, Phillip Cave, as well as Simon Woodhouse, Callen O’Brien and Beau Dixon, (collectively referred to as “Managing Directors”). The Managing Directors each have over 20 years of experience in private equity, as well as direct commercial experience in management, strategy formulation, finance, accounting and operations.
Anchorage Capital Fund IV has completed three investments to date; David Jones, EvolveNZ and Access Community Health.