The MLC Private Equity program is one of the largest and most established global private equity programs in Australia. The MLC Private Equity team has delivered strong investment performance over the life of the program.1 The longevity and consistency of the program has allowed the team to develop long-term relationships with high quality managers globally. This approach has been instrumental in delivering strong performance.
Investment insight: Private equity through thick and thin - September 2020
Why MLC Private Equity?
MLC Private Equity is a leading private equity manager.
1. Longevity and consistency
MLC Private Equity has been investing in private equity globally since 1997 across market cycles and is one of the first Australian managers to do so consistently.
2. Reach and access
Since inception in 1997, MLC Private Equity has developed close relationships with some of the world's leading private equity managers. Through these relationships, MLC Private Equity accesses a regular stream of high quality private equity opportunities, which would not be available to most wholesale investors.
3. Superior selection
Supported by a proven investment process, MLC Private Equity partners and invests with leading private equity managers globally.
4. Intelligent portfolio construction
The MLC Private Equity team works with MLC's Capital Markets team to incorporate macroeconomic themes and possible scenarios. This shared thinking helps create a well-diversified portfolio across managers, sectors, strategies and geographies.
In 2007, MLC Private Equity established a co-investment program making investments alongside some of the world’s leading private equity managers. Our deep access and proven investment process can deliver a co-investment program that can provide a more differentiated, diversified cost efficient private equity exposure to investors compared to more traditional private equity structures.2
1As at 30 September 2020 MLC Private Equity's performance is 14.3% pa over a 15 year period and in excess of 14% pa over 3, 5, 7 and 10 years.
2MLC Private Equity Co-Investment Fund I has generated an internal rate of return (IRR) of 20.6% per annum since inception (15 November 2013) to 30 September 2020, and MLC Private Equity Co-Investment Fund II has generated an IRR of 13.3% since inception (16 May 2017). All returns are calculated IRRs based on latest available valuations from MLC’s managers, as at 30 September 2020. Return is pre-tax and post Management Fees, Performance Fees and expenses to investors based on their capital contributions. Past performance is not an indicator of any future performance of the MLC Private Equity Co-Investment Funds I, II and III.