Gilbert + Tobin has advised leading Australian private equity firm Quadrant Private Equity on the establishment and closing of its latest fund.
Quadrant Private Equity, Australia’s leading longest serving private equity firm has done what many could not in raising a new fund in record time during tough economic times.
The Fund was in high demand and closed quickly, with significant interest from leading Australian and global investors including the world’s largest sovereign wealth funds.
Gilbert + Tobin led the transaction, which included fund formation, structuring and leading investor negotiations.
The G+T team was led by G+T Investment Law partner Nathan Cahill with support from lawyers Judy Hsu, Alisa Chak, Matt Mewing, Nicolas Chan and Rain Hsu. Banking + Infrastructure Partner Robert Trowbridge and lawyer Brent Thompson advised on the banking aspects.
Further, Mr Cahill, who is also a director of the Australian Investment Council and involved in many fundraisings across multiple asset classes including private equity, credit, venture capital and property, said “It is not easy raising capital in the current COVID affected environment. Liquidity, allocation and fee issues have plagued commitment. However, Quadrant has proven that quality returns time after time will attract a strong following. The loyalty of their investors is a result of the commitment to working overtime to deliver world leading consistent returns as Prequin have awarded them.”
Nathan Cahill, who has advised Quadrant Private Equity on the formation of their previous funds, said “Chris, Emily, Derryn and team never cease to amaze me in how they manage their business in such a professional and successful manner. I always learn something from them.”
Gilbert + Tobin has also recently assisted Quadrant Private Equity on the acquisition of ASX-listed outdoor media company QMS Media, on its investment in My Muscle Chef, on the acquisition of GraysOnline, on the sale of a majority stake in Australia’s largest provider of disability employment services APM for $1.5 billion and on the IPO of Adore Beauty.
Gilbert + Tobin’s market-leading Investment Law team regularly advises on many of Australia’s largest and most innovative fund transactions, including creating Australia’s first leading ASX listed credit fund (MetricsCredit), the first residential property platform (BrickX), the first stapled ESVCLP or successfully defending ground breaking ASIC prosecutions (ASIC v BT Financial Group re advice).