Podcasts

Finding value in private equity with Tim Sims from Pacific Equity Partners

from Scott Haslem, Chief Investment Officer and Tim Sims, Managing Director and founder of Pacific Equity Partners.
Date 12 November 2023

Key Topics

Within a global context, the quality of players in the Australian private equity market has been very high. Additionally, the average returns in the Australian market have been 2-4% higher than the average return achieved globally.
Dispersion in performance among managers in private equity is considerably more than in public equities. In some cases, there is a 30-40% difference between the best and worst performing managers. However, there is a pattern with this performance. Pacific Equity Partners looks for companies with a history of adding value, where managers are accountable and where interference in the day-to-day operations is minimised.
Investors should avoid businesses where external variables unduly affect profits - or businesses that are exposed to arbitrary regulation. Looking forward, the global investment environment is likely to remain challenging, given increased volatility, and investors should remain conscious of risk.

Tim explains how the industry has evolved since Pacific Equity Partners was founded, and provides his thoughts on the important factors to consider when assessing private equity opportunities. He also gives his view on valuations versus public equities and whether increased constraints within the superannuation industry are likely to impact private equity.

In the latest episode Head of Private Markets, Martin Randall speaks with Hamilton Lane's executive chairman Hartley Rogers. They reflect on the challenges and opportunities of investing in a multipolar world from technological change and AI to shifting geopolitical and economic dynasties.

In the latest episode of The Astute Investor, LGT Wealth Management’s Head of Private Asset Allocation Matthew Tan speaks with former Prime Minister of New Zealand, Sir John Key. We look at the lessons he learned steering New Zealand through periods of crisis, the shifting geopolitical...

In the latest episode of The Astute Investor, LGT Wealth Management’s Head of Private Markets Martin Randall speaks with Isaac Kim and Michael Romano at tech venture capital firm, Lightspeed Venture Partners. Randall, Kim and Romano discuss the most significant disruption in a generation...

Logout

Change your language and LGT location here.

Finding value in private equity with Tim Sims from Pacific Equity Partners

Hamilton Lane: managing dynasties in a multipolar world

Leadership, resilience and risk in a changing world: a conversation with Sir John Key

AI: The great disruptor

Finding value in private equity with Tim Sims from Pacific Equity Partners

Related articles

Hamilton Lane: managing dynasties in a multipolar world

Leadership, resilience and risk in a changing world: a conversation with Sir John Key

AI: The great disruptor