Unlike the listed equities sector, which is all-too-often driven by short-term share price movements, in private equity we’re able to take a much longer term view. We provide capital, identify and fill talent gaps, invest in new technology
and provide long-term strategic planning that is all about driving long term growth. We don’t look for distressed assets; but instead focus on strong businesses in growing sectors that we can support.
A great example is our investment in My Plan Manager, which was founded in 2015 and is now Australia’s largest provider of plan management services to NDIS participants. It recently achieved second place on the list of fastest-growing technology
companies at the Deloitte Technology Fast 50 2020 awards. Another example is our more recent investment in Zuuse, a fast growing, global provider of construction payment management Software as a Service (SaaS) solutions to the US$1 trillion-dollar
global construction and building operations sector.
Australian private equity is a very exciting space right now. During 2020, the COVID-19 pandemic demonstrated where businesses are – and are not – resilient. And the assets that we see coming to market are typically those that have
performed reasonably well through COVID, in some cases very well. Looking forward, we believe that 2021 is likely to offer high quality investment opportunities, particularly in the mid-market.