Investment Managers/Funds


Antin Infrastructure Partners Fund V – Gresham AIP V Feeder Fund

The Gresham AIP V Feeder Fund will be open for investments in Q3 2022, with a first close scheduled for 30 September, 2022.  It is expected that the capital raise for the Fund V opportunity will continue into 2023.

  • Founded in 2007, and with key offices in Paris, London and New York, Antin Infrastructure Partners (Antin) is a leading Sustainable Infrastructure firm focusing on contemporary infrastructure investments across Europe and North America.
  • Antin has raised €7billion with over 50% of all deals across its prior flagship funds being exited as at 31 December, 2021. (1)
  • Sustainability is at the core of Antin’s DNA which targets four (4) key investment thematics of energy and environment, telecommunications, social and transportation.
  • Antin undertakes a value-add investment approach looking to generate attractive risk-adjusted returns whilst incorporating a highly disciplined investment approach.
  • Antin has developed a highly impressive track record over a circa 14 year period across its prior flagship funds which have delivered a realised gross multiple of 2.7x and a realised gross IRR of 23% as at 31 December, 2021.(2)
  • Antin Infrastructure Partners Fund V will follow this established investment strategy and process and Gresham has partnered with Antin to establish a Feeder Fund for local wholesale investors to obtain an efficient access point to the Antin Infrastructure Partners Fund V opportunity. The Feeder Fund is open to wholesale clients only.

If you would like further information, please contact:

William Stephens, Managing Director, Gresham Distribution Partners
E: wstephens@gresham.com.au
M: +61 409 059 007

 

Disclaimer: The Information is provided to the Recipient on a strictly confidential basis and on the basis that the Recipient is a “wholesale client” for the purposes of section 761G of the Corporations Act 2001. The Information is for overview purposes only and is not an offering document under Australian law or any other law. The Information is not and should not be considered an offer, invitation, solicitation or recommendation to acquire securities or any other financial products and does not and will not form any part of any contract for the subscription or acquisition of any securities or other financial products. The Information contains summary information only of a general nature and does not purport to be complete, nor does it contain all the information which a prospective investor may require in evaluating a possible investment in the Gresham AIP V Feeder Fund.  Investors should request and review copies of the detailed offering documents for the Gresham AIP V Feeder Fund and Antin Infrastructure Partners Fund V before making any investment decisions.  An investment in the Gresham AIP V Feeder Fund is speculative and involves a high degree of risk.  There can be no assurance that the investment objective of the Gresham AIP V Feeder Fund or Antin Infrastructure Partners Fund V will be achieved or that investors will receive a return of their capital. Past performance is not a guarantee of future performance.

 

(1). Source: Antin Infrastructure Partners, ‘Overview Presentation’, March 2022.

(2). The gross IRR and gross multiple do not reflect any management fees, carried interest, taxes, transaction costs in connection with the disposition and other expenses borne (or deemed to be borne) by investors in the prior funds. Source: Antin Infrastructure Partners, ‘Overview Presentation’, March 2022.

Tekne

Gresham is partnering with Tekne to offer Australian investors access to a Global Technology Fund in Emerging Markets.

The current transformation in the Technology, Media and Telecommunications (‘TMT’) sector is seen as the 4th industrial revolution, providing significant opportunities to invest and participate in future growth.

 

The Gresham Tekne Feeder Fund is open to wholesale clients only.

If you would like further information, please contact:
Gary Head, Senior Advisor, Gresham Funds Management
E: ghead@gresham.com.au
M: +61 420 728 606

Gresham Property Fund No. 8

  • Gresham Property was founded in 2001 and has one of the longest track records in real estate private debt in Australia.
  • The Gresham Property team has achieved a successful final close at $760 million of investor commitments for its latest Fund, the Gresham Property Fund No. 8 (GPF8).
  • The GPF8 investment strategy follows the team’s successful prior funds that were focussed on unitranche debt loans funding real estate development transactions.
  • Unitranche loans offer borrowers an efficient single step funding solution which replaces the traditional two-stage “senior plus mezzanine” approach to funding and are typically secured by first ranking security.
  • GPF8 investors have an exclusive right but no obligation to participate in additional potential co-investment opportunities via a GPF8 “sidecar funding tranche” as well.
  • With the support of GPF8 investors, in addition to funding investments through the main Fund, GPF8 has made Sidecar investments for a further $950 million.

The Gresham Property Fund No.8 is closed for new investments.

If you would like further information, please contact:
William Stephens, Managing Director, Gresham Distribution Partners
E: wstephens@gresham.com.au
M: +61 409 059 007

Greenspring Associates

Greenspring Associates Secondaries Fund V – Gresham GSF V Feeder Fund

(Following completion of the merger with StepStone Group Inc, now Stepstone VC Secondaries Fund V – Gresham SSF V Feeder Fund)

  • Greenspring Associates is a leading US based Venture Capital firm that invests primarily in the information technology, biotechnology, healthcare and telecommunications sectors.
  • The firm was founded in 2000 and prior to merging with StepStone Group Inc (Nasdaq: STEP) had approx. US$13billion in assets under management and over 130 individuals exclusively focused on the venture capital asset class.
  • Greenspring Associates offered a range of direct, funds and secondaries strategies delivering exceptional performance across these strategies and their broader venture capital platform.
  • Specifically, Greenspring’s secondaries platform (founded in 2014) offered a unique risk adjusted access point to exceptional VC deal flow and an excellent track record across the firm’s four prior fund vintages.
  • Gresham partnered with Greenspring Associates to establish a Feeder Fund for local wholesale investors to obtain an efficient access point to the Greenspring Secondaries Fund V opportunity.
  • The opportunity was strongly supported by a range of leading local wholesale investors including private wealth firms, family offices and high net worth individuals.

Gresham SSF V Feeder Fund is closed for new investments.

If you would like further information, please contact:
William Stephens, Managing Director, Gresham Distribution Partners
E: wstephens@gresham.com.au
M: +61 409 059 007

Disclaimer: The Information is provided to the Recipient on a strictly confidential basis and on the basis that the Recipient is a “wholesale client” for the purposes of section 761G of the Corporations Act 2001. The Information is for overview purposes only and is not an offering document under Australian law or any other law. The Information is not and should not be considered an offer, invitation, solicitation or recommendation to acquire securities or any other financial products and does not and will not form any part of any contract for the subscription or acquisition of any securities or other financial products. The Information contains summary information only of a general nature and does not purport to be complete, nor does it contain all the information which a prospective investor may require in evaluating a possible investment in the Fund. An investment in the Fund is speculative and involves a high degree of risk. There can be no assurance that the Feeder Fund’s investment objective will be achieved or that investors will receive a return of their capital. Past performance is not a guarantee of future performance. In order to participate in the Fund, investors must also be a “Qualified Purchaser” within the meaning of the U.S. Investment Company Act of 1940, as amended.

*GA Performance metrics, Russell 2000 and S&P 500 PME as of 3/31/2021. Past performance is not indicative of future results and there is a possibility of loss in connection with an investment in the Fund. **Logos represent all realized and partially realized direct secondary investments and secondary fund investments made across GSF I-IV. There can be no guarantee that future GA funds invest in the funds or companies listed.​ closed for new investments. We are currently raising for other Funds with this Manager.

Blackstone

  • Gresham was appointed by Blackstone to raise wholesale capital from the Australian institutional market as a part of their global capital raise for the Blackstone Real Estate Partners VI L.P., a 10 + 2 year closed-ended vehicle.
  • As a part of this exercise, Gresham established a local Australian Feeder Fund (the Australian Private Equity Real Estate Feeder Fund) to aggregate and facilitate the flow of investor commitments from Australia into the ultimate US entity.
  • Gresham successfully led the local capital raising for this product securing commitments from Australian Superannuation Funds as a part of the highly successful global US$10.9 billion capital raise, which at the time, was the largest real estate opportunity Fund ever raised.
  • Gresham continues to act as Trustee and Fund Administrator to the local Feeder Fund vehicle.

The Australian Private Equity Real Estate Feeder Fund is closed for new investments.

If you would like further information, please contact:
William Stephens, Managing Director, Gresham Distribution Partners
E: wstephens@gresham.com.au
M: +61 409 059 007