Pacific Equity Partners

Name

Pacific Equity Partners

Legal name

Pacific Equity Partners Pty Limited

Website

http://www.pep.com.au

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

51–100 employees

Short description

Pacific Equity Partners is an Australia-based private markets fund manager founded in 1998, managing A$19B across Private Equity, Secure Assets, PEP Credit and PEP Gateway strategies for institutional and wholesale investors.

Ownership category

akta.pro rank

Product category

Private Equity Fund Management

NAICS

Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239), Investment Banking and Securities Intermediation (523150)

SIC

Investment Advice (6282)

akta.pro industry

PRIMARYFSANACAO

Multi-Sector / Generalist Growth Equity

Financial & Insurance/Private Equity & Venture Capital/Growth Equity Firms

SECONDARYFSAAALAG

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure)

Financial & Insurance/Asset & Wealth Management/Asset Management — ESG/Sustainable & Impact Investing

SECONDARYFSAEAMAE

Private Capital Introducers (PE/VC/Private Credit)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Introducers, Finders & Referral Networks

Keywords

• Private equity management
• Buyout investments
• Infrastructure fund management
• Private credit funds
• Private markets investing

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Fund management fees: PEP generates management fees from overseeing its A$19B AUM across Private Equity Funds I-VII, Secure Assets Funds I and II, PEP Credit open-ended funds, and PEP Gateway evergreen structures. Fee structures include management fees on committed/called capital and performance/carried interest on returns above hurdle rates.
2. Carried interest (performance fees): PEP earns carried interest (performance fees) on realizations from its closed-end private equity and secure assets funds when returns exceed specified hurdle rates. Fund V delivered a 22% Net IRR with 2.0x DPI. Fund VI fully invested with reserve for follow-on.
3. PEP Credit interest and distribution income: PEP Credit generates interest income from secured debt investments across three fund offerings (Capital Solutions targeting +600bps over Bank Bill, Strategic Income targeting +400bps, Active Income targeting +200bps). The strategy has delivered above 10% p.a. net cash distributions since inception and reached A$1B AUM.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Pacific Equity Partners is an Australia-based private markets fund manager that raises capital from institutional investors and high-net-worth individuals and invests it across four strategies: Private Equity (control buyouts in ANZ companies with transformational profit improvement), Secure Assets (infrastructure-adjacent investments in energy, utilities, transport, logistics), PEP Credit (secured debt to mid-market businesses via Capital Solutions, Strategic Income, and Active Income vehicles), and PEP Gateway (an evergreen fund giving individual investors access to global private equity). The firm partners with management teams to drive operational value creation, targeting 20%+ gross IRR in PE and +200-600bps over bank bill in Credit.

Product overview

Pacific Equity Partners is a private markets fund manager offering four distinct investment strategies: Private Equity (control-based investments in Australian and New Zealand companies with transformational growth potential), Secure Assets (investments in businesses with protected cashflows across energy, utilities, transport, logistics, and social infrastructure), PEP Credit (secured debt capital to mid-market businesses across three fund offerings: Capital Solutions, Strategic Income, and Active Income), and PEP Gateway (an evergreen structure providing individual investors access to global private equity markets with regular liquidity). PEP has made more than 250 investments including bolt-ons across various sectors including industrial services, energy, consumer products, healthcare, education, and technology.

Differentiator

Problem solved

Functional benefit

Brands

• Private Equity: Traditional buyout investments targeting companies in Australia and New Zealand that are not achieving their full potential
• Secure Assets
• PEP Credit
• PEP Gateway

Products and services

• Private Equity Funds I-VII Closed-end private equity buyout funds targeting companies with principal operations in Australia or New Zealand that are not achieving their full potential. PEP partners with management teams to drive transformational profit improvement, targeting 20%+ gross IRR. Funds I-VII raised sequentially since 1998.
• Secure Assets Funds I and II Closed-end funds investing in businesses with protected cashflows and operating step-change and strategic repositioning potential across energy, utilities, digital, transport, logistics, waste, water, social, and agricultural infrastructure sectors. Targets 14-18% gross IRR.
• PEP Credit (Capital Solutions, Strategic Income, Active Income) Open-ended secured debt fund offering three vehicles: Capital Solutions targeting +600bps over Bank Bill (high yield), Strategic Income targeting +400bps over Bank Bill (core income), and Active Income targeting +200bps over Bank Bill (cash management). Provides financing to mid-market businesses with strong protections and active engagement. AUM reached A$1B with above 10% p.a. net cash distributions since inception.
• PEP Gateway Evergreen (PIE) Evergreen Portfolio Investment Entity (PIE) providing individual investors and family offices access to global private equity trophy assets with regular liquidity (monthly subscriptions and withdrawals). Focus on North America and Western Europe opportunities. 16% Net LTM return for the Evergreen Fund and 17% Net Return for Vintage 2023. Received 'Recommended' rating from Lonsec Research in October 2025.

Quantifiable outcome

• 26% Net IRR p.a. since inception across Private Equity Funds I-VI and Secure Assets Funds I and II (as at 31-Dec-2025)
• +7 more outcomes

Named customers21 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Lonsec ResearchminorOthers · 1 January 2024PEP Gateway Evergreen (Access Fund) received a 'Recommended' rating from Lonsec Research (October 2025). Lonsec Research provides objective criteria and ratings as general advice for investors.

Scale indicators27 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• KKR & Co. Inc. Global alternative asset manager with US$600B+ AUM and broad PE, infrastructure, and credit strategies. Direct counterparty to PEP — KKR acquired Zenith Energy from PEP in 2025 and competes with PEP for large-cap Australasian buyouts and infrastructure assets.
• Brookfield Asset Management: Global alternative asset manager (US$1T+ AUM) focused on infrastructure, real estate, renewable energy, and PE. Partnered with PEP on Intellihub (2021), buying 50% and co-creating the A$1.5B Smart Metering Fund — a direct competitor in Australasian infrastructure investing.
• TPG Capital: Global private equity firm and successor acquirer of iNova Pharmaceuticals from PEP/Carlyle in 2022. Competes with PEP in large-cap Australasian buyouts and healthcare/consumer investing.
• Blackstone Inc. Largest global alternative asset manager (US$1.1T+ AUM) with private equity, infrastructure, and credit strategies. Increasingly active in Australasian buyouts and infrastructure, putting pressure on PEP's regional leadership position.
• CVC Capital Partners: Global private equity firm (€190B+ AUM) listed on Euronext Amsterdam, with active Asia-Pacific and infrastructure strategies. Competes with PEP in mid-to-large cap buyouts globally and increasingly in Australasia.

Direct peers

• Carlyle Group: Global private equity firm (US$400B+ AUM) and former 50/50 JV partner with PEP on iNova Pharmaceuticals (2017-2022). Both firms compete in Australasian and global buyouts and co-invest across transactions.
• Bain Capital: Global private equity firm founded by Bain & Company executives, sharing cultural and talent heritage with PEP (all PEP founders are ex-Bain). Comparable multi-strategy PE platform investing in buyouts, credit, and special situations globally.
• BGH Capital: Australian mid-to-large cap private equity firm founded by former BHP Billiton executives. The most direct Australasian competitor to PEP's traditional buyout strategy, investing in A$200M-A$1B+ deals in Australia and New Zealand.
• Quadrant Private Equity: Australian mid-market private equity firm managing multiple funds focused on buyouts and growth capital in Australia and New Zealand. Competes with PEP for mid-cap Australasian deals and management-led buyouts.
• Anchorage Capital Partners: Australian private equity firm focused on mid-market buyouts in Australia and New Zealand. Direct Australasian competitor to PEP's traditional buyout strategy with overlapping sector coverage in consumer, healthcare, and industrials.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pacific-equity-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A20 records

Investments5 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pacific Equity Partners