Did you know? Since 2005, private equity has invested in over 440 companies ranging from
retail shops, waste management services and earth moving operators, to aged care facilities,
outdoor advertisers and cinemas.
We have also been busy on the advocacy front with a submission to the Office of the Chief Scientist on breakthrough actions that the Government could undertake to improve the benefit realised from taxpayer-funded R&D; and a submission to Treasury on their discussion paper on "a more workable approach to fixed trusts" .
We are only a couple of days away from leaving for the Gold Coast, and our 19th annual conference. For those of you who haven’t registered, there are still some places available. We expect almost 500 delegates in what is shaping up to be a great program. This is a great opportunity to network and connect with those people who are core to both the VC and PE communities in Australia and beyond. The latest program is here and you can register via this link (note you must be logged in).
We are busy on the publication front and over the coming weeks we will be launching our Year Book and the Deal Metrics report. Make sure you subscribe to our dynamic updates so you’ll receive these as soon as they are uploaded. You can do this via your online profile.
Make sure you check out our new philanthropy partner, Future Direction Network, to learn more about the great work that they’re doing and how you can help.
I look forward to seeing many of you on the Gold Coast next week.
Nominations are now open to AVCAL members interested in serving on the AVCAL Council. AVCAL is seeking to fill seven Council vacancies this year. Nominations close at 5pm on Friday 28 September. Nomination papers and important notes are available on our website.
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Submission to Senate Inquiry on the Cross Border Transfer Pricing Bill - 16 Jul (The retrospective transfer pricing bill (Phase 1) was passed by Parliament in August. The exposure draft of the Phase 2 legislation is expected to be released in September).
For more details on AVCAL’s advocacy activities, visit our Members Policy Portal (note you need to be logged in).
AVCAL/S&P Capital IQ Market Observations 2012
The AVCAL/S&P Capital IQ Market Observations report looks at trends and developments in M&A and private placements completed in Australia and New Zealand between FY2008 and FY2012, and the contribution of private equity to this activity.
Country report special – Australia – PEI
This Australia specific private equity report by PEI looks into the effects of the Euro-crisis and regulatory changes on LP sentiment, the influx of foreign LPs, tax issues, funds-of-funds, and exits.
AVCAL FY2012 data collection
The AVCAL Research team would like to thank our GP members who have submitted their data. This data is vital to AVCAL in conducting its research, advocacy and professional development initiatives. The AVCAL Research Platform can be accessed all year round by AVCAL GP members. If you have not received your login details by now, please contact research@avcal.com.au.
Participating GPs who provide their data will also receive the following benefits:
Access to more detailed industry data (see details).
A complimentary pass to an industry statistical briefing by AVCAL following completion of the survey.
Customised research reports by request.
Private equity Asia-Pacific: Is the boom back? – McKinsey & Company
This recent report by global consultancy firm McKinsey & Company shows that Asia was the world’s only region where PE investment values returned to 2006 levels. Moreover, with the Chinese market showing signs of a slow-down, some international PE players have turned their attention to Australia. Nevertheless players continue to observe caution regarding the ATO ruling on the tax treatment of capital gains.
AVCAL Research library
The research library is a one-stop centre for accessing current international research and industry reports on PE and VC. A wide selection of items has recently been posted - look for the NEW symbol.
You can subscribe to email updates as news, research or policy related matters are posted to our website. Simply login to your account on our website and subscribe as required via the "update your details" field. If you don't know your login, just click "forgot your password?" and enter your name and email address. A link will then be emailed to you so you can reset it. You can do this as often as necessary.
Tech23
Sydney, 23 Oct 2012
Tech23 is an event that celebrates Australian innovation. It brings together 23 carefully selected young technology companies, spotlighting their technologies in front of panels of Industry Leaders, investors, entrepreneurs, and 400+ engaged and informed attendees.
Univation
Perth, 7 Nov 2012
Univation is focused on building relationships between universities, industry and investors. Presenters will represent the best new technology based product and service opportunities from Australia’s public research sector.
Innovation Week
Perth, 6-9 November 2012
Events include the IP Valuation for Technology Transfer Professionals Workshop, Univation and the KCA Annual Conference.