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Quadrant closes new $1.24bn fund

Gilbert + Tobin has advised Quadrant Private Equity on the closing of a new fund worth $1.24 billion.

January 07, 2021 By Emma Musgrave
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Quadrant closes fund
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Firm: Gilbert + Tobin (Quadrant Private Equity)

Deal: Quadrant Private Equity (Quadrant) has closed its latest fund, after raising considerable interest from both Australian and global investors. 

 
 

Value: $1.24 billion.

Area: Equity capital markets.

Key players: The G+T team was led by investment law partner Nathan Cahill with support from lawyers Judy Hsu, Alisa Chak, Matt Mewing, Nicholas Chan and Rain Hsu.

Banking and infrastructure partner Robert Trowbridge and lawyer Brent Thompson advised on the banking aspects.

Deal significance: Mr Cahill said Quadrant’s latest fund was in high demand and closed quickly”, noting that the deal itself represented fundraisings across multiple asset classes including private equity, credit, venture capital and property.

“It is not easy raising capital in the current COVID affected environment,” he said.

“Liquidity, allocation and fee issues have plagued commitment. However, Quadrant has proven that quality returns time after time, will attract a strong following. The loyalty of their investors is a result of the commitment to working overtime to deliver world-leading consistent returns as Prequin has awarded them.”

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