Australian Business Growth Fund (ABGF)
PE🇦🇺 AustraliaInvestment thesis
A public-private growth-capital fund launched in 2020 via a partnership between the Federal Government and major banks (the Big Four plus HSBC and Macquarie). Provides long-term minority growth equity (up to 49%) to established, profitable Australian SMEs to fund expansion, new products, acquisitions and succession.
Notable portfolio
HUBBEDModra TechnologySolbari3ME Technologies
Sector focus
Sector agnostic (profitable SMEs)ManufacturingProfessional ServicesFinancial ServicesConsumerTechnology