Vantage Private Equity Growth 2 (VPEG2) is a multi-manager Private Equity investment fund structured as twin Australian unit trusts (VPEG2A & VPEG2B). VPEG2 is focused on investing in professionally managed Private Equity funds that invest in businesses that are at a more mature stage of development, and in particular the Later Expansion and Buyout stages...
Market Review As at 30 September 2021, VPEG3 had committed $67.50 million across seven Primary Private Equity Funds and two co-investments. As a result, a total of 40 underlying company investments exist within the portfolio at quarter end. VPEG3’s investment commitments include; $12 million to Allegro Fund III; $10 million to each of Adamantem Capital...
Market Review Australia’s residential pricing has reached record highs, with continued growth across almost all markets. The national median house price had risen 18.4% over the year to June with the national median unit price up 8.6% according to CBRE. We continue to focus on office opportunities in Sydney and Auckland. National office demand remained...
Market Review Agricultural land values remain very strong, driven by transactions across the spring selling season and underpinned by the weight of capital that continues to flow into the sector. Institutional funds and family farmers continue to pay record prices for assets, with values underpinned by a combination of high commodity prices, low interest rates...
Volatility in global markets continued to be a theme over the month, with significant swings seen on a daily basis. Whilst market sentiment was relatively upbeat at the start of the month, it fell away significantly as the month drew to a close, as investors were spooked by the emergence of the highly transmissible Omicron...
The Fund recorded a strong gain in November of 5.61%. In terms of sector attribution, carbon credits (+5.13%) were a key driver of performance, while precious metals names also continued to add value (+2.69%). Uranium (+1.29%), and battery metals (+0.97%) were among the other strong contributors for the month. The primary detractor from performance was...
The Fund recorded a strong gain in November of 5.61%. In terms of sector attribution, carbon credits (+5.13%) were a key driver of performance, while precious metals names also continued to add value (+2.69%). Uranium (+1.29%), and battery metals (+0.97%) were among the other strong contributors for the month. The primary detractor from performance was...
The strategy provided a net return of 345% for the 2020/21 fiscal year. Calendar year-to-date to the end of September the strategy is up 173% net of fees bringing the net return since inception to 478%. After broad market weakness at the end of November, the current quarter-to-date return is flat. Read the full factsheet...
Market Review 2021 continues to see rural property values on an upward trajectory At Merricks Capital, we are constantly in discussion with rural sales agents and are seeing strong demand for properties valued at more than $10m. The agriculture investment strategy is focussed on $25-$50m loans where we see the strongest investment opportunities. Growth in...
BREAKING NEWS!! Overnight, the Sprott Physical Uranium Trust (SPUT) announced they would be renewing their “At The Market “(ATM) facility with an additional one-billion-dollar (US$1bn) capacity. This is 2-3 times larger than the market was expecting. The spot price in a historical context still has a long way to run. If you are not convinced...