Investment Portfolio

Each underlying Private Equity fund commitment or direct co-investment made by VPEG5 will be valued on a monthly basis in accordance with the International Private Equity Investment Valuation Guidelines, endorsed by the Australian Investment Council (AIC). As a result, each underlying private equity investment held by each VPEG5 entity is valued monthly, with individual company investments valued on a multiple of earnings basis, with all valuations independently audited at least annually and often more frequently. VPEG5’s monthly valuations therefore represent a transparent summary of the performance of its underlying portfolio.

VANTAGE PRIVATE EQUITY GROWTH 5  – Monthly Valuations

Over time and during the term of the Fund, Capital Calls will be made by Vantage to each Investor with the Called Funds applied towards meeting the call payment obligations for each Underlying Private Equity Investment of the Fund, or to meet working capital requirements of the Fund. As each Capital Call is paid by an Investor, or drawn from the cash management trust, to the Fund, the Paid Capital of each Investor increases such that the Paid Capital is equal to the aggregate of Called Capital less any distributions paid by the Fund to Investors.

Consolidated VPEG5 Net Asset Value – Monthly Valuation

Month Ending Cash Fixed Interest Investments Private Equity (Value) Paid Capital / $ of Committed Capital to VPEG5 NAV / $ of Committed Capital
31-Mar-2024 0.4% 18.3% 81.3% 0.39 0.343
29-Feb-2024 0.4% 29.2% 70.4% 0.39 0.345
31-Jan-2024 7.7% 25.3% 67.0% 0.39 0.346
31-Dec-2023 0.3% 26.5% 73.2% 0.39 0.346
30-Nov-2023 4.8% 0.3% 94.9% 0.29 0.220
31-Oct-2023 3.7% 15.9% 80.4% 0.29 0.221
30-Sep-2023 0.4% 28.7% 70.9% 0.29 0.222
31-Aug-2023 6.9% 28.4% 64.7% 0.29 0.220
31-Jul-2023 1.3% 19.9% 78.7% 0.20 0.133
30-June-2023* 2.3% 28.7% 69.0% 0.20 0.134
31-May-2023 4.9% 19.6% 75.5% 0.20 0.143
30-Apr-2023 9.4% 15.7% 74.9% 0.20 0.144
31-Mar-2023 9.2% 15.0% 75.8% 0.20 0.148
28-Feb-2023 11.0% 17.0% 72.0% 0.20 0.159
31-Jan-2023 7.9% 35.6% 56.5% 0.20 0.170
31-Dec-2022 36.8% 4.5% 58.7% 0.20 0.171
30-Nov-2022 31.2% 4.9% 63.9% 0.20 0.165
31-Oct-2022 24.7% 5.9% 69.3% 0.20 0.165
30-Sep-2022 4.2% 26.8% 68.9% 0.15 0.132
31-Aug-2022 11.8% 29.1% 59.1% 0.15 0.139
31-Jul-2022 17.5% 36.7% 45.8% 0.15 0.140
30-Jun-2022 50.0% 0.6% 49.4% 0.15 0.129
31-May-2022 87.43% 10.1% 2.43% 0.15 0.118
30-Apr-2022 50.4% 39.8% 9.9% 0.05 0.020
31-Mar-2022 87.2% 12.8% 0.0% 0.05 0.025
28-Feb-2022 24.9% 73.9% 1.1% 0.05 0.026
31-Jan-2022 100.0% 0.0% 0.0% 0.05 0.029

*Unaudited and before end of year distribution (if any), payable in October 2023

VPEG5, LP Net Asset Value – Monthly Valuation

Month Ending Cash Fixed Interest Investments Private Equity (Value) Paid Capital / $ of Committed Capital to VPEG5 NAV / $ of Committed Capital
31-Mar-2024 0.4% 23.3% 76.2% 0.26 0.179
29-Feb-2024 0.3% 33.5% 66.2% 0.26 0.182
31-Jan-2024 9.0% 26.8% 64.2% 0.26 0.183
31-Dec-2023 0.4% 31.3% 68.3% 0.26 0.178
30-Nov-2023 6.8% 0.2% 93.1% 0.18 0.090
31-Oct-2023 4.2% 10.1% 85.8% 0.18 0.090
30-Sep-2023 0.4% 34.9% 64.7% 0.18 0.091
31-Aug-2023 6.7% 36.1% 57.2% 0.18 0.094
31-Jul-2023 0.6% 27.6% 71.8% 0.15 0.068
30-June-2023* 3.0% 39.9% 57.1% 0.15 0.070
31-May-2023 6.0% 25.6% 68.4% 0.15 0.083
30-Apr-2023 4.7% 22.3% 73.0% 0.15 0.083
31-Mar-2023 2.0% 20.4% 77.6% 0.15 0.087
28-Feb-2023 5.5% 23.1% 71.3% 0.15 0.100
31-Jan-2023 1.6% 50.0% 48.5% 0.15 0.110
31-Dec-2022 44.4% 4.6% 51.0% 0.15 0.110
30-Nov-2022 39.2% 4.8% 56.0% 0.15 0.113
31-Oct-2022 32.3% 6.2% 61.4% 0.15 0.113
30-Sep-2022 6.8% 6.0% 57.3% 0.10 0.070
31-Aug-2022 18.9% 21.4% 59.6% 0.10 0.073
31-Jul-2022 17.5% 36.7% 45.8% 0.10 0.076
30-Jun-2022 50.0% 0.6% 49.4% 0.10 0.068
31-May-2022 87.4% 10.1% 2.5% 0.10 0.071
30-Apr-2022 50.4% 39.8% 9.9% 0.05 0.020
31-Mar-2022 87.2% 12.8% 0.0% 0.05 0.025
28-Feb-2022 24.9% 73.9% 1.1% 0.05 0.026
31-Jan-2022 100.0% 0.0% 0.0% 0.05 0.029

*Unaudited and before end of year distribution (if any), payable in October 2023

VPEG5A Net Asset Value – Monthly Valuation

Month Ending Cash Fixed Interest Investments Private Equity (Value) Paid Capital / $ of Committed Capital NAV / $ of Committed Capital
31-Mar-2024 0.4% 11.8% 87.9% 0.13 0.164
29-Feb-2024 0.4% 23.6% 76.0% 0.13 0.163
31-Jan-2024 6.0% 23.3% 70.7% 0.13 0.163
31-Dec-2023 0.2% 20.2% 79.6% 0.13 0.168
30-Nov-2023 3.1% 0.4% 96.5% 0.11 0.130
31-Oct-2023 3.2% 22.0% 74.8% 0.11 0.131
30-Sep-2023 0.4% 22.3% 77.2% 0.11 0.131
31-Aug-2023 7.2% 16.7% 76.2% 0.11 0.126
31-Jul-2023 2.6% 7.1% 90.3% 0.05 0.065
30-June-2023* 1.2% 10.2% 88.7% 0.05 0.064
31-May-2023 2.6% 7.0% 90.4% 0.05 0.060
30-Apr-2023 17.8% 3.9% 78.2% 0.05 0.061
31-Mar-2023 23.7% 4.0% 72.3% 0.05 0.061
28-Feb-2023 22.5% 4.2% 73.4% 0.05 0.060
31-Jan-2023 21.8% 4.2% 74.0% 0.05 0.060
31-Dec-2022 20.6% 4.2% 75.2% 0.05 0.061
30-Nov-2022 12.3% 5.0% 83.1% 0.05 0.054
31-Oct-2022 7.1% 5.3% 87.6% 0.05 0.053
30-Sep-2022 1.4% 16.5% 82.1% 0.05 0.062
31-Aug-2022 18.9% 21.4% 59.6% 0.05 0.066
31-Jul-2022 0.0% 0.0% 0.0% 0.05 0.064
30-Jun-2022 0.0% 0.0% 0.0% 0.05 0.061
31-May-2022 0.0% 0.0% 0.0% 0.05 0.047

*Unaudited and before end of year distribution (if any), payable in October 2023