Gresham Private Equity Fund No. 2

The Group's second fund was established in 2004, with capital commitments of $325 million. This Fund made its first investment in August 2004 and portfolio companies comprise Noel Leeming Group, GEON Group, Witchery, Barminco, Awara, Silk Logistics Group and one realised investment - Australian Pacific Paper Products. Fund 2 is now closed to new investments.

  • Awara

    Awara

    Gresham Private Equity’s new venture has acquired iconic Tasmanian assets, Cradle Huts and Bay of Fires Walks from founder Ken Latona for an undisclosed sum in October 2007.

  • Silk Logistics Group

    Silk Logistics Group

    Gresham Private Equity's new venture, Silk Logistics Group, has acquired five transport and logistics businesses. The leveraged buy-out was completed in April, 2008.

  • Barminco

    Barminco

    Funds managed by Gresham Private Equity acquired a majority stake in the Western Australia-based mining services company, Barminco Limited. The management buyout was completed in August 2007.

  • Witchery

    Witchery

    Gresham Private Equity has completed the acquisition of the highly successful retailer of ladies apparel and accessories, Witchery Fashions Pty Limited.

  • GEON Group

    GEON Group

    Gresham Private Equity has acquired 50% of trans-Tasman printing company Pacific Print Group (“PPG”), with the balance being owned by a mixture of printer investors and the incumbent management team.

  • Noel Leeming

    Noel Leeming

    In August 2004, Gresham Private Equity led the NZ$138.5m management buyout of Noel Leeming Group Limited from Pacific Retail Group.

  • Australian Pacific Paper Products

    Australian Pacific Paper Products

    In October 2008, Gresham Private Equity sold its Australian diaper business to Unicharm Corporation the Tokyo stock exchange listed paper products business.