NEWSLETTER AUGUST 2013
 


NEWSLETTER HOTSPOT

20 LPs registered for alpha conference

Growth funds / AFR round table - publishing article soon

38 LPs attend AVCAL's first Investor only forum

Responsible investing / ESG framework online

 

ENABLING PE & VC TO FLOURISH

By increasing engagement with LPs
"I've been to several LP-only forums over the years, and this was probably the most engaging. I think bringing in ASIC/APRA was great."  Australian LP, AVCAL Investor Forum, Aug 13.

By improving perceptions of PE & VC
- Media round tables to demystify the industry through the media
- Successful PE101 programs for members and non-members.

 

Hi [FirstName],

Thank you to everyone who participated in our member satisfaction survey, whether in face-to-face interviews or online.  We take the feedback very seriously and are reviewing where we can make changes and improve performance in line with what we've learned.  AVCAL's primary objective "To facilitate an environment where PE and VC can flourish, through advocating on behalf of the industry and providing them with skills and networks" received almost universal agreement.

One of the key goals for 2013 has been increased LP engagement.  To facilitate that engagement we held a very successful LP Forum in Melbourne last month with 38 investor participants.  The feedback was very positive and the opportunity to present AVCAL's research to the group and to show our ability to deliver on advocacy objectives through a discussion with key regulators was highly regarded by the participants.  They indicated that they'd be pleased to have such a Forum semi-annually.  Also it resulted in 5 extra LPs coming to the alpha conference.

On the research and policy front, we've released the AVCAL/Cambridge Associates Q1 2013 performance benchmarks. Links to the reports are provided below. And just a reminder to our members to supply their data for our FY2013 data collection, which is important to our advocacy and research efforts.

We are working through a submission to the Government's consultation paper on ESOPs for startup companies and will publish it on the members policy portal when it is complete.  We are working closely with Employee Ownership Australia on the issue.

It has been membership renewal time and I'd like to thank all of those who have renewed their membership very promptly. Your support of AVCAL's ongoing work is appreciated.

During the election period I have been spending time with both sides of politics making sure that they understand our industry  and will be supportive of issues like VCLP, amendments to MITs, improvements to taxation of employee share schemes, the new IIF Round 4 etc. The recent AVCAL publications of "The Economic Contribution of PE in Australia" and " The Economic Impact of VC in Australia" have been valuable in articulating our messages to this audience.

And, if you'd like you to get to know our Council members a bit better, we've included their photos below and a link to their profile.

I'll drop you a note just before the conference, until then,

 

NEW RESEARCH


How do private equity investors create value? (2013), EY
Fee levels, performance and alignment of interests in Private Equity (2013), Demaria
Superannuation fund perceptions of Private Equity, bridging the gap (2013), PwC
 

4 wks left, 330 delegates, 20 LPs, 80 GPs

 


Don't miss out - register now
Latest program & speakers
Book accom & transfers
Not a member? Explore benefits
Cut-off for refunds 5pm 30 August

 
 

AVCAL/Cambridge Associates
Q1 2013 performance benchmarks

Public report
Media release
PE Benchmark Index Q1 2013
VC Benchmark Index Q1 2013
PE & VC Quartiles Benchmarks Q1 2013

 


AVCAL FY2013 data collection

AVCAL is conducting its FY2013 data collection (via the AVCAL Research Platform). We would like to remind members who have yet to supply their data that it is instrumental to our advocacy and research efforts on behalf of the industry. If you have questions regarding your access or the survey, please contact research@avcal.com.au.

 

EVENTS

20 Aug - NSW PE101 - sold out
Mark your diary: 15 Oct - AVCAL Masterclass - GP members only
Mark your diary: 23 Oct - NSW Growth Funds Forum - GP members only
 

Research partners

   
 

 

Meet our Council members

Katherine Woodthorpe
AVCAL CEO
 
John White
AVCAL Chair

 
Bryan Zekulich
EY
 
Callen O'Brien
Minter Ellison Lawyers

 
Michael Lukin
Macquarie Funds Group 
 
Martin Scott
Partners Group
Gareth Dando
Southern Cross VP
Brigitte Smith
GBS Venture Partners
 
Malcolm Thornton
Starfish Ventures
James Todd
Wolseley Private Equity
Gareth Banks
CHAMP Ventures
 
Craig Cartner
Archer Capital
 
Tony Duthie
Pacific Equity Partners
 
Simon Pither
Quadrant Private Equity

 
Edward Bostock
KKR Australia

 
 

NEWS

Government discussion paper on ESS for startups
Anacacia closes $150m raising
Bravura directors recommend Ironbridge buyout
Steady private equity still a long term performer
 

NEW MEMBERS


Intermediate Capital Managers Australia

RKS Consultants

Telstra Ventures
 

 

Corporate partners

           
           
     
 
 



Celebrating excellence in the mid-market. Winners announced 24 Oct.

 

Data partner                 Philanthropy partner

              

 

AVCAL partners
 

         

         
       
 
 

OTHER EVENTS

Wholesale Investor Capital Showcase, Syd, 24 Sep
EMPEA: Private Equity in Emerging Markets conf., London,15 Oct
Tech23 2013 - Celebrate innovation! Syd 29 Oct
Ci2013: Creative Innovation 2013 Asia-Pac, Mel 27-29 Nov. Use code E6 -10% disc. online,15% by phone.
 

Member-only offers


Free 1 month trial of S&P Capital IQ Platform. 
Discounted Preqin subscription
2 month free trial of FactSet
Up to $1000 off cover price: Thomson Reuters magazine subscriptionsContact Greg.
Australian Private Equity Handbook - 15% off (prom. code: 'AVCAL2')
PE Asia special offer - 20% off as new subscriber
Guide to Responsible Investment - 15% off (prom. code 'AVRI15')

 
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