Investment Managers/Funds


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 1st 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 has capacity to accept up to $1.25bn of investor commitments and has an active pipeline of opportunities with the first investment already made.
  • GPF8 investors will also have the exclusive right but no obligation to participate in additional potential co-investment opportunities via a GPF8 “sidecar funding tranche” as well.

Status – open to institutional investors only with a final close scheduled for the end of calendar year 2021.

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

  • 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.

Status – The Gresham GSF 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.

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

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.

Status – 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