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Luna ACP Series IV

Closed
Investments closed to new investors

A unique opportunity to invest with a leading Australian private equity manager, in a fund already seeded with 3 assets. The flagship being the iconic David Jones, back under Australian ownership.

Fund by partner

Anchorage Capital Partners logo

Luna ACP Series IV

Closed
Investments closed to new investors

A unique opportunity to invest with a leading Australian private equity manager, in a fund already seeded with 3 assets. The flagship being the iconic David Jones, back under Australian ownership.

 Fund by partner

Anchorage Capital Partners logo

Overview

Fund IV will seek opportunities where it can make controlling investments in underperforming Australasian businesses and special situations.

Clock icon
Target image
Time Horizon
10years
Target MoC
+2.5x
Graph icon
Cash icon
Target IRR
+25%
Minimum Investment
$100,000
Clock icon
Time Horizon
10years
Target icon
Target MoC
+2.5x
Graph icon
Target IRR
+25%
Money icon
Minimum Investment
$100,000


Fund facts

Geographic focus
Australasia
Target fund size
$500 million
Investment period
5 years
Number of investments
6-8


World map with Australia and surrounding countries highlighted

Strategy

Anchorage Capital Partners ("Anchorage") seeks opportunities where it can make controlling investments in underperforming Australasian businesses, usually with enterprise values between $50.0 million and $350.0 million, that have the following specific attributes:

  • Operate in well established markets
  • Have scale, strong market share and an established ‘pathway to the customer’
  • Underperformance is fixable with manageable risk
  • Multiple controllable operational levers exist to materially improve results and underlying quality of business
  • Experienced and skilled managers (incumbent or external) are available and capable of executing a turnaround and building a stronger business
  • Multiple exit avenues exist

About Partner

Image of Circular Quay on Sydney Harbour with the Anchorage Captial Partners logo superimposed over the top.

Anchorage Capital Partners

Anchorage is a leading operational investment firm in Australasia with a demonstrated track record of acquiring businesses through conglomerate carve outs, private sales, and take privates – in each case establishing a higher quality, standalone business through a proprietary turnaround framework.

Four funds with a total of ~A$1.2 billion of commitments (including co-investment):


Timeline of Funds. Moving from left to right the funds are: 2023, Fund IV, target of $500 million; 2017, Fund III, target of $360 million; 2013, Fund II, target of $250 million; Fund I, target of $200 million

  • Stable and highly experienced team of investment professionals
  • Successful track record over an extended period of time
  • Genuinely hands-on with direct operational experience, adding value to investments through collaborative relationships with management teams, supported by an operational process to accelerate change
  • Capability to invest in Australia, New Zealand and South East Asia

The team

Fund facts

Geographic focus
Australasia
Target fund size
$500 million
Investment period
5 years
Number of investments
6-8


World map with Australia and surrounding countries highlighted

Want to know more?

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Sydney • Melbourne

luna@lunapartners.com.au

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