8 November 2022
The 2022 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 along with the Vantage Private Equity Growth Funds VPEG, VPEG2, VPEG4 and VPEG5 commencing at 10:00am AEDST, Wednesday 30th November 2022, broadcast from Level 39, Aurora Place, 88 Phillip Street, Sydney NSW 2000, Australia for the purpose of transacting the business set out below.
Investors seeking to attend the virtual AGM, please advise Vantage by email at email@example.com, 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 Annual Investor Report
- $3.04m in Additional Capital Drawn by underlying Private Equity Funds
- 8 new underlying company investments added to the portfolio
- 3 underlying company investments sold delivering an average gross 5.9x multiple of invested capital
- A total of 46 underlying company investments have now been completed with an average hold period of 2.5 years
- $8.36m in total distributions received from underlying funds during the year,
- $2.32m in total distributions paid to all VPEG3, LP investors during the year,
- $13.05m Consolidated Net Profit for the year, across both VPEG3 entities.
- 7% total return to VPEG3 investors, across FY22
- 9% p.a. after fees Annualised Return delivered by VPEG3 since inception to 30 June 2022.