December
Australian Private Equity and Venture Capital – Strong Performance
as the Global Pandemic Endures
Cambridge Associates local and regional experts provided an
analysis
of the Australian private equity and venture capital industry’s strong
performance over the year to June 2020. This analysis included a number of
domestic, international and industry measures.
January
Webinar: AustCyber – Investing in Australian Cyber Security – Why
it’s important for Building Digital Trust
The Council hosted a webinar on
Investing In Australian Cyber Security – Why it’s important for
Building Digital Trust,
featuring AustCyber’s CEO, Michelle Price and local industry experts, Mike
Zimmerman from Main Sequence Ventures and Sam Crowther from Kasada.
February
Attracting top-tier businesses and exceptional talent to
Australia
Peter Verwer, A.O., who leads that Government’s Global Business and Talent
Attraction Taskforce as the Prime Minister’s Special Envoy on Global
Business and Talent Attraction, provided insights into the Taskforce’s
priorities and goals in
a blog written specifically for the Council.
Australian Private Equity and Venture Capital – Robust Recovery
from the Global Pandemic
Cambridge Associates local and regional experts provided an in-depth
assessment of the performance of Australia’s private equity and venture
capital industry. The
analysis
highlighted that the Australian private equity and venture capital industry
continues to demonstrate strong long-term net of fees performance for
investors, outpacing the ASX 300 and the ASX Small Ordinaries for the 5,
10, and 20-year periods.
Political Insights Series | The Year Ahead: Setting the Scene for
the Nation
Steve Lewis from Newgate Australia provided
insights
into how the Morrison government may tackle the challenges of 2021 and the
implications for Australia’s private capital industry.
March
Australian Investment Council’s Future Jobs Barometer
The Australian Investment Council analysed job vacancies in over 170
portfolio companies of 8 of the largest VC funds to produce the inaugural
Future Jobs Barometer. This analysis found over 1500 job vacancies in the portfolio companies
analysed. 25% of these vacancies were in IT and SaaS. Graphic design and
marketing, followed by health and medical were the next largest vacancy
groups with 18% and 15% respectively.
The analysis will be developed into a report that will be updated every six
months.
Global Economic Update with Westpac's Global Head of Economics,
Bill Evans
On 4 March 2021, Westpac's Global Head of Economics, Bill Evans provided a
member only
Global Economic Update. Bill provided analysis of the global economic environment, the drivers of
the current volatility in markets, and what the disrupted globalised trade
environment means for Australian businesses.
Future events
Benchmark Report – Q4 2020
The Q4 2020 Cambridge Associates benchmark reports are expected to be
released in May 2021. This update will likely show how the Australia’s
private capital industry performed well in 2020, reflecting fund managers’
ability to pivot and evolve to changing market and economic conditions.
2021 Preqin and Australian Investment Council Yearbook
The Council’s flagship research publication is due to be released in May
2021. Similar to the 2020 Yearbook, the
2021 Yearbook will analyse the key trends in Australia’s private capital
industry across private equity, venture capital, private credit, private
infrastructure and private real estate.
Australian Private Capital Industry Economic Contribution
June will see the release of the Council’s updated analysis of the
industry’s contribution to the Australian economy. For this update, the
Council has joined with EY Sweeney and will assess private equity, venture
capital and private credit.
The Council’s
previous report, published in 2018 in conjunctions with Deloitte Access Economics,
highlighted a number of key outcomes for the private equity industry
including that:
- One in nine new Australian jobs are created by private capital backed
Australian businesses;
- Private capital backed businesses’ workforces grew by 24% in 2017,
compared to the national average of 0.3%;
- The private capital industry generates 2.6% of Australia’s GDP, with $43
billion in total value add; and
- The sector directly employs 172,000 FTE and supports another 155,000
workers in related firms.
Introduction to Private Capital Series
The Council’s inaugural Introduction to Private Capital Series has been released.
The first document provides key information on investment strategies in
private credit, sources of funding and growth of the sector.