Investment Opportunities

Luna Partners has partnered with a leading Asia Pacific transformational capital firm to offer one of the highest-calibre mid-market Australian private equity opportunities of 2026. This fund targets businesses undergoing significant operational or strategic transformation and is backed by an experienced team with a strong regional track record.

LP Five V SME Fund I targets the next generation of high-quality, founder-led businesses in Australia and New Zealand. The strategy is designed to capture the significant succession wave underway as business owners seek an experienced and trusted partner to realise the value they have built. Five V Capital brings a rigorous, operationally focused approach to backing exceptional SME business owners.

Bain Capital is one of the world's leading alternative investment firms, managing over $215 billion across private equity, credit, real estate, and venture capital. This is their first dedicated Asia Pacific private debt fund, targeting performing credit-oriented instruments across the region, including Australia and New Zealand. The fund seeks to generate attractive risk-adjusted returns from a diversified pool of corporate credit.

Five V Capital is Australia's most active mid-market growth equity investor. Frontier Fund I is their inaugural growth-focused private equity fund, targeting high-growth businesses across technology, consumer, and services sectors. Five V has returned over AUD $1 billion to investors, with a gross IRR of 63% and a multiple of capital of 3.7x across prior investments.

Pacific Equity Partners (PEP) is one of Australia's most established private equity firms, with over 25 years of investing in the Australasian middle market. PEP has a consistent track record of backing businesses through operational improvement and strategic growth, with a diversified portfolio across sectors.

Anchorage Capital Partners is a leading Australian private equity manager specialising in complex business transformations. Luna ACP Series IV provides exposure to a fund already seeded with three assets at the time of investment, including the iconic Australian retailer David Jones — now back under Australian private ownership following Anchorage's acquisition.

Luna NBEF Series I is structured as an Early Stage Venture Capital Limited Partnership (ESVCLP) — a government-designated structure offering a 10% tax offset on capital invested and tax-free treatment of capital gains for eligible investors. The fund targets early-stage technology companies positioned to capitalise on the structural shift driven by artificial intelligence and other breakthrough technologies.