More information
Investment Summary
Fund
- Tax neutral VCLP
- First close $10m
- Final close earlier of 18 months or $25m
- Deliver outstanding investor Returns
Commitment
- Minimum commitment of $250,000
- 10% of commitment called at first close
- Plan to deploy capital over six years from fund final close
- Capital called as required
- Capital returns expected to commence year seven
Target Returns
(Pre-tax IRR of 20% (net) after:)
- Management Fee
- Carried Interest of 20%
- Performance Hurdle 8% year seven
Unique in Australia
- Access to ~20 entrepreneurs dedicating 100% of their time for two years in searching for business
- Proven business and financial model overseas (+35 years in US)
- Investments are made in search and/or buyout phase
- Minority but significant equity investments
- Stable, sustainable low-mid market businesses with simple business models
- Tracking a pipeline of talented entrepreneurs and pending searchers currently in or intending to return to Australia.
Contact us for more information on the WayFinder Searcher Growth Fund or to request an Information Memorandum.