Gilbert + Tobin has advised leading Australian private equity firm Quadrant Private Equity, on the establishment of their new ‘Quadrant Strategic Equity Fund’. Closing at $600 million, the fund will facilitate the execution of a new strategic direction for Quadrant, to take minority stakes in high-growth, privately held businesses.
Since 1996, Quadrant Private Equity have led the way in mid-market private equity in Australia. Embarking in a new strategic direction which takes Quadrant back to its roots, this new fund complements its existing funds and allows the PE firm to focus on investments in sectors where high-growth businesses are seeking minority capital partners.
Nathan commented on the matter saying “It’s great to see Quadrant redeploy a strategy that was very successful in their early days. The strategy of the fund is perfect for the times because there are many strong founders and management teams who want a strategic capital partner that can bring minority stake capital and expertise. We, and I know many investors, are very excited to see it perform going forward.”