3 November 2020
The 2020 Annual General Meeting (AGM) of Vantage Private Equity Growth 3 (VPEG3) consisting of Vantage Private Equity Growth 3, LP (ILP NO. L0000419E) (VPEG3, LP) and Vantage Private Equity Growth Trust 3A, (VPEG3A) will be held via video conference at 11:00am AEDST on Wednesday 25th November 2020 broadcast from Level 17, 8 Chifley Square, Sydney NSW 2000
Investors seeking to attend the virtual AGM, please advise Vantage by email at [email protected], to register your interest and you will receive video conference details by way of an invitation prior to the meeting.
Performance Highlights from VPEG3’s 2020 Annual Report;
- $16.21m in Additional Capital Drawn by underlying Private Equity Funds
- 16 new underlying company investments added to the portfolio
- A total of 33 underlying company investments have now been completed with an average hold period of 1.2 years
- Paid capital by all investors to VPEG3, LP of $0.55 per dollar of Committed Capital to VPEG3
- Paid capital by all investors, except SIV investors, to VPEG3A of $0.23 per dollar of Committed Capital to VPEG3
- Companies held within the VPEG3 portfolio for more than one year have on average increased Revenue by 72% and Earnings (EBITDA) by 21% since initial investment
- 21% is the total increase in value, after fees, delivered by VPEG3, across FY20
