Private equity

We have over 25 years’ experience investing in private equity, deploying ~AU$9.5 billion across more than 600 investments in funds, secondaries, co-investments and direct investments*. Our investments are made through commingled funds targeting specific strategies and separately managed accounts for larger clients interested in a more bespoke program.

Multi-strategy

Primary fund investments

We have been investing in leading funds for over 25 years. Viewed as a trusted partner and capital allocator of choice, we have a high-conviction, systematic approach to primary fund investments. We have made more than 150 fund commitments across buyout, growth capital and special situation strategies.

Secondaries

We have been an active provider of liquidity solutions to other private equity investors for more than 15 years. With a wide network and primary market coverage, we make discrete, timely, and competitive offers to those seeking liquidity for private equity interests, including partnership interests, special purpose vehicles, and direct stakes in private companies.

Co-Investments

We have been investing alongside our preferred funds for over 25 years. Our relationships provide access to highly coveted co-investment deal flow and our expertise and structured investment process allow us to move decisively. Our team has invested over AU$1.0 billion in more than 70 co-investments across the Asia-Pacific region.

Growth equity

We have built our direct growth equity strategy based on over 20 years’ experience of successful private equity investing in Australia. We have invested across a broad range of industries including healthcare, environmental services, education, telecommunications, food and beverage, IT and business services.

Food and agriculture

We have been investing in food and agribusiness for more than 15 years. We take a private equity approach by investing across the value chain in businesses with proven management teams, high barriers to entry, clear growth opportunities and sustainable long-term business models.

Primary fund investments

We have been investing in leading funds for over 25 years. Viewed as a trusted partner and capital allocator of choice, we have a high-conviction, systematic approach to primary fund investments. We have made more than 150 fund commitments across buyout, growth capital and special situation strategies.

Secondaries

We have been an active provider of liquidity solutions to other private equity investors for more than 15 years. With a wide network and primary market coverage, we make discrete, timely, and competitive offers to those seeking liquidity for private equity interests, including partnership interests, special purpose vehicles, and direct stakes in private companies.

Co-Investments

We have been investing alongside our preferred funds for over 25 years. Our relationships provide access to highly coveted co-investment deal flow and our expertise and structured investment process allow us to move decisively. Our team has invested over AU$1.0 billion in more than 70 co-investments across the Asia-Pacific region.

Food and agriculture

We have been investing in food and agribusiness for more than 15 years. We take a private equity approach by investing across the value chain in businesses with proven management teams, high barriers to entry, clear growth opportunities and sustainable long-term business models.

Growth equity

We have built our direct growth equity strategy based on over 20 years’ experience of successful private equity investing in Australia. We have invested across a broad range of industries including healthcare, environmental services, education, telecommunications, food and beverage, IT and business services.

MARKET OUTLOOK

Key sector trends in Australian private equity

Domestically trends are playing out within sectors of private markets, such as healthcare, government services, and technology. Simply being in a strong sector is no longer enough.

*As of 30 September 2025. Number of investments made since inception as of 30 June 2025 across both Macquarie Group and Roc Partners. Macquarie Investment Management Private Markets (“MIMPM”) division established in 1996.

CONTACT US

If you’re a sophisticated investor, a business seeking capital or a business adviser with an opportunity you would like to discuss, please contact our team today. For business owners seeking capital please also include a brief description including the company name and turnover.

Hive and Wellness Group

(Unrealised)

Investment Year

EXIT YEAR

Description

The Local Broadband Network Company (LBNCo) is an installer and owner of superfast broadband networks in residential developments. LBNCo is engaged by property developers to install and maintain the fibre infrastructure, and sells ‘wholesale’ network acces to the retail service providers who then provide services to the tenants. LBNCo is now part of Uniti Group (ASX: UWL) following its acquisition in August 2019.

Stone Axe Pastoral

(Unrealised) 

Investment Year

Description

Stone Axe is a producer of ultra-premium wagyu beef. The company has operations in NSW, QLD, WA and Victoria and is actively growing its herd via large scale embryto transfer program. Stone Axe has rapidly grown to become on of the largest fool blood wagyu producers in the world.