In March 2017, VPEG3 made an initial $5m investment commitment to Adamantem Capital Fund 1 . Initial funds were drawn from VPEG3 to Adamantem Capital Fund 1 to fund its first investment, Heritage Lifecare, in the November 2017. In December 2017, VPEG3 increased its total commitment to Adamantem Capital Fund 1 to $10m
In May 2017, VPEG3 made a $7m investment commitment to Odyssey Private Equity Fund 8 . Initial funds were called from VPEG3 to Odyssey Private Equity Fund 8, to fund its first investment, OZtrail, during December 2017.
In August 2017, VPEG3 completed a $10m investment commitment to the Advent Partners 2 Fund. Advent completed their first investment for the Advent Partners 2 Fund, Silk Laser Clinics, during January 2018.
In August 2017, VPEG3 completed a $0.25m co-investment into Fitzpatrick Financial Group.
In September 2017, VPEG3 completed a $12m investment commitment to Allegro Fund III. Initial funds were drawn from VPEG3 to Allegro Fund III, to fund its first investment, No.1 Shoes & Hannah’s during November 2017.
In November 2017, VPEG3 completed a $10m investment commitment in Anchorage Capital Partners Fund III.
In August 2018, VPEG3 completed a $0.50m co-investment in Tribe Brewing Pty Ltd.
In November 2018, VPEG3 completed a $7.5m investment commitment in Mercury Capital Fund 3.
In December 2018, VPEG3 completed a $10m investment commitment in Next Capital Fund IV
Details of VPEG3′s current Private Equity commitments and investments are provided in the table below:
| Private Equity Fund Name | Fund / Deal Size | Vintage Year | Investment Focus / Type | VPEG3 Commitment | Capital Drawn Down | Total No. of Investee Companies | No. of Exits |
|---|---|---|---|---|---|---|---|
| Adamantem Capital Fund 1 | $591m | 2017 | Mid Market Expansion / Buyout | $10m | $8.46m | 6 | 1 |
| Odyssey Private Equity Fund 8 | $275m | 2017 | Mid Market Growth Capital | $7m | $6.10m | 6 | 1 |
| Advent Partners 2 | $300m | 2017 | Mid Market Expansion / Buyout | $10m | $9.03m | 7 | 1 |
| Allegro Fund III | $290m | 2017 | Mid Market Expansion / Buyout | $12m | $8.36m | 7 | 2 |
| Anchorage Capital Partners Fund III | $350m | 2017 | Mid Market Expansion / Buyout | $10m | $9.87m | 5 | 1 |
| Mercury Capital Fund 3 | $600m | 2019 | Mid Market Expansion | $7.5m | $6.83m | 10 | 1 |
| Next Capital Fund IV | $275m | 2019 | Mid Market Expansion/Buyout | $10m | $6.18m | 7 | 0 |
| Co-Invest 1 (Fitzpatrick Financial Group) | $200m | 2017 | Mid Market Expansion | $0.25m | $0.29m | 1 | 0 |
| Co-Invest 2 (Tribe Brewing Pty Ltd) | $30m | 2018 | Mid Market Expansion | $0.80m | $0.72m | 1 | 1 |
| TOTALS | $67.55m | $55.84m | 50 | 9 |
* target fund size
