venture capital

Investment Strategy

Private equity beats the stock market

Private-equity returns have outperformed investments in the stock market over the past decade, according to Cambridge Associates’ Australia Private Equity and Venture Capital Index. In the 10 years to December 31, 2011, Australian private-equity net returns were 7.5 per cent per annum. The S&P/ASX 300 Accumulation Index rose 6.1 per cent per year during the […]
Investment Strategy

OneVentures seek the greater good

In a building that is on the $20 bill, the latest generation of Australian venture capitalists are one floor above the pioneers, Allen & Buckeridge. Anne-Marie Birkill, Michelle Deaker and Paul Kelly are gathered in a small room in the red brick building on Sydney’s Bulletin Place that is more silicon alley than valley. Still, […]
Investment Strategy

Brigitte Smith’s risky attractions

Some years ago Brigitte Smith was in Idaho with a US Army general. They were trying to clean up a toxic waste site. “A teaspoon of this stuff will kill you,” the general told Smith as she sought samples of toxic waste. “Be careful.” Smith, the co-founder of GBS Venture Partners, is now used to […]
Investment Strategy

Australian private equity second-best in Asia

Australian private equity funds produce the second-best returns after China amongst Asian private equity funds. The Australian funds that manage $250 million or less have an internal rate of return of 18 per cent per annum over a decade, according to the Australian Private Equity & Venture Capital Association Ltd. Access to money for buyouts […]