8 November 2022
The 2022 Annual General Meeting (AGM) of Vantage Private Equity Secondaries Opportunities Fund (VPESO) will be held via video conference at 10:00am AEDST, Tuesday 29th November 2022, broadcast from Level 39, Aurora Place, 88 Phillip Street, Sydney NSW 2000, Australia for the purpose of transacting the business set out below.
Investors seeking to attend the virtual AGM, please advise Vantage by email at [email protected], to register your interest and you will receive video conference details by way of an invitation prior to the meeting.
Performance Highlights from VPESO’s 2022 Annual Report
- Fund inception 27 July 2021
- 16,016,600 units issued at $1.00 per unit across initial capital raise tranches on 27 July 2021 and 31 August 2021
- $18.15m in secondary acquisitions completed across the period
- $16.39m of Capital Drawn by underlying Private Equity Funds
- A total of 47 unique underlying company investments have been completed with an average hold period of 2.5 years
- 3 underlying company investments sold delivering an average gross 5.9x multiple of invested capital
- $0.76m in total distributions received from underlying funds during the period,
- $3.19m Net Profit for the period in the Funds first year of operations
- 22.0% total return to VPESO investors, across FY22
- 24.0% p.a.1 after fees Annualised Return delivered by VPESO since inception to 30 June 2022.
