PE News - Buyout industry feels lure of Australia
9th Nov 12
Australia’s reputation as an attractive place for private equity deals, has been reinforced by research showing that Australia’s private equity industry outperformed the public market in the 12 months to June 2012. The Cambridge Associates Australian Private Equity and Venture Capital Index, released in partnership with AVCAL, found that private equity numbers were better than the public market over five years. The research coincides with an announcement by Denham Capital, a US private equity firm focused on energy and resources, that it will open an office in Australia.