ClosedFundOpportunities

Playground is a technology-focused venture capital firm based in Palo Alto, California. Established in 2015, Playground invests at the intersection of science, engineering, and commercialisation at scale. Playground’s typical portfolio companies are unique in venture, in that they often involve some combination of both hardware and software. Its team is made up of scientists, engineers, and PhDs, and is one of the most technically talented teams in venture capital.

American Industrial Partners is a specialist buyout manager based in New York that focuses on buying and improving industrial businesses, mostly based in the US. It seeks to combine the judgement and value creation capabilities of a strategic buyer with the execution skills of a leading private equity buyer. Unusually for a private equity fund, it is a team made up of and led by engineers and engineering-oriented operators.

TA Associates is a global manager with ~US$45bn under management. With its origins as one of the early east-coast venture pioneers, TA has been investing exclusively in buyouts and minority growth investments since the 1990s. TA has generated top-quartile returns over 29 years, with all of its funds, except for TA X (2006) in the top quartile on both net IRR and multiple bases. TA is raising TA XV, a US$15bn fund to continue this long-standing strategy. TA invests in high-quality business models, the most important factor of which is the quality of the revenue relationship between a business and its customers.

Quadrant is a boutique Australian private equity manager that invests in growth capital opportunities led by experienced management teams headquartered in Australia or New Zealand. The growth fund strategy provides growth capital (both control and minority) to companies that can accommodate an investment of $30m to $50m.

Playground Global is a venture capital firm at the intersection of science, engineering and commercialisation at scale. The firm invests in early-stage companies across disruptive technologies with long-term societal impact. The team are made up of scientists, engineers and PhDs and are among the most technically talented in the venture capital ecosystem. The fund will invest in 6-8 opportunities over 1-2 rounds, providing investors with exposure to some of Playground Global’s most promising portfolio companies as they continue to grow, at a very low cost.

Lightspeed is a global venture capital firm that invests in very early-stage enterprise, consumer and healthcare companies. Lightspeed uses a thematic approach to investing in order to identify early disruptive technologies and market trends before they become widely adopted. Lightspeed strives to recognise themes early by funding research and incubation programs, proactively reaching out to an established network of entrepreneurs, making seed investments, and leveraging the operational experience and technical expertise of its network to gain greater insight into areas addressing compelling market needs.

Left Lane Capital is a spin out team from Insight Venture Partners that specialises in internet and software enabled consumer businesses. Left Lane invests in consumer and prosumer (B2B that acquires customers like a consumer business) businesses in fintech, ecommerce, food, SMB software, health & wellness and ed-tech. The prior fund track record of the team and the early performance of Fund I is exceptional.

Hellman & Freidman (“H&F”) is a focused, pure-play private equity firm investing in North America and Western Europe with a very narrow investment philosophy; only investing in very high-quality businesses that the team has a high level of conviction in. H&F prefers to make fewer, larger investments and focus both resources and capital on its best ideas.

Hellman & Freidman (“H&F”) is a focused, pure-play private equity firm investing in North America and Western Europe with a very narrow investment philosophy; only investing in very high-quality businesses that the team has a high level of conviction in. H&F prefers to make fewer, larger investments and focus both resources and capital on its best ideas.

BVP is renowned for being one of the top venture capital firms globally. The firm manages US$9bn of assets, and has been early investors in companies such as Pinterest, LinkedIn, Shopify, Twilio and many others. BVP XII will continue BVP’s strategy of investing in minority positions in hyper-growth (over 100%) companies with revenues under US$50m. BVP XII will invest in seed (pre-revenue), early-stage and mid-stage venture.

Advent is one of the best resourced and most experienced mid-market buyout managers globally. Its Global Private Equity Program (“GPE”) is the most consistently successful mid-market buyout program we track globally and is almost always oversubscribed by its existing investors. Advent describes its strategy as a barbell, investing in complex transformational opportunities on one end and high-growth acceleration opportunities at the other. Transformational opportunities are typically generated from under-managed or under-invested corporate carve-outs or public to private transactions where the team has a differentiated thesis vs the rest of the market.

Arrow Global is an asset servicer and asset manager in European non-performing loans and non-core assets. Arrow Global operates a network of local loan servicing platforms in its five key markets (Italy, Portugal, UK, Ireland and the Netherlands) that also act as origination platforms to source investment opportunities in secured and unsecured distressed assets and generate differentiated returns on its investment. Arrow Global services over 200 banks and lenders and more than €70bn of third-party non-performing loans and other non-core assets. This unique position of servicing some of the key European market participants enables Arrow Global to create off-market opportunities and leverage its local insights to provide more accurate underwriting.

AMI Opportunities II is a buyout fund based in Tel Aviv, Israel and focuses on mid-market Israeli companies, across Technology, Services, Healthcare and Internet/Consumer. AMI II intends to make investments of US$30m to US$50m and will mainly focus on buyouts of relatively mature, cash generative businesses.

Co-Investment Fund II (“CI-II”) presents an opportunity to co-invest in individual deals alongside top performing global alternatives managers. CI-II provides a short dated (seven year) alternatives vehicle that invests and returns capital in a condensed timeframe when compared to a traditional VC/PE fund. CI-II invested in five deals. Investments in CI-II were offered on a fee and carry basis to the underlying Fund.

Co-Investment Fund I (“CI-I”) presents an opportunity to co-invest in individual deals alongside top performing global alternatives managers. CI-I provides a short dated (seven year) alternatives vehicle that invests and returns capital in a condensed timeframe when compared to a traditional VC/PE fund. CI-I invested in ten companies and has had one exit to date.

The GLF provides core diversified global alternatives exposure by enabling a focused portfolio at scale. It is suitable for sophisticated and wholesale investors that are looking for a holistic unlisted strategy with exposure to the full suite of venture, growth and buyout opportunities.