The Asia Private Investment Funds and Secondaries team at Goodwin has successfully advised its client, Committed Advisors, as sole lead investor on its investment in the AUD$280 million multi-asset continuation vehicle managed by Anacacia Capital.
The multi-asset continuation vehicle acquired 3 portfolio companies (Direct Couriers, RP Infrastructure and Big River Industries) from other Anacacia Capital funds. The continuation structure allows Anacacia to support these businesses for a further five years, while offering existing investors the option to realise liquidity or reinvest alongside new limited partners.
Founded in 2010, Committed Advisors is an independent global private equity secondary manager with more than EUR 6 billion of assets under management.
Anacacia Capital is a leading Australian private equity and listed equities investment firm, specialising in partnering with small and medium-sized enterprises (SMEs).
The Goodwin team was led by Gregory Barclay and Dominic Wong with support from associates Andrew Mon, Ian Goh and Cecilia Chen.