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PEP pedals hard to recreate glory years: investor update
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The pandemic hasnât slowed deal activity at Australiaâs biggest private equity firm Pacific Equity Partners.
In a rare glimpse into PEPâs thinking, Street Talk has obtained the firmâs âcommercial in confidenceâ March quarter update to investors which gives a full briefing on each of the firmâs portfolio companies and the performance of its funds.
The quarterly update makes it clear PEPâs focus hasnât changed, despite wild swings in economic conditions, unprecedented fiscal stimulus packages in Australia and offshore and expectations that borders could be closed for normal travel purposes for some time yet.