During the quarter, Vantage Private Equity Growth 5 completed a $20 million investment commitment to CPE Capital 9 (CPEC 9). CPE Capital 9, is managed by CPEC Management Pty Ltd (www.cpecapital.com) of Sydney, Australia.
CPEC 9 is a (target) $800 million buyout fund, focusing on investments into profitable private companies operating within the middle market segment in Australia and New Zealand with enterprise values of $100 million to $500 million.
CPE Capital, formally CHAMP Private Equity, was founded by industry pioneers Bill Ferris AC and Joe Skrzynski AO in 1987. Over the past 33 years, CPEC has made 75 investments across eight funds deploying $3.8 billion of investment capital under CHAMP Private Equity and its predecessor Australian Mezzanine Investments Pty Limited.
Since 2014, the firm has been managed by its next generation of investment professionals under the leadership of Chief Executive Officer & Chief Investment Officer, John Haddock who joined CPE Capital in 2003. The firm is comprised of a uniquely structured team within the Australasian Private Equity market, which combines internal functional specialists who support the deal team across all aspects of the investment process. This deep and locally orientated team structure enables CPEC 9 to assess multiple investment opportunities concurrently, undertake and progress transactions with speed and flexibility, and execute transactions with consistency and quality.
CPE Capital 9 has announced four investments to date; Pushys, Rocla / Civilmart, DirectGroup and Ambrose Construct.