CVC Emerging
Companies

About CVC Emerging Companies Fund II

The CVC Emerging Companies Funds have been established to invest in high quality, primarily unlisted growth and expansion stage companies. The CVC Emerging Companies Fund II (the Fund) is now open for investment. It has been launched following the success of CVC Emerging Companies Fund (Fund I) which was established in May 2019.

CVC Emerging Companies Fund II Objective

The principal investment objective of the Fund is to provide capital to expansion stage, primarily unlisted companies and generate superior returns for investors. The Fund will rely on the Investment Team’s deal flow, skills and experience to review, select, negotiate and manage investments across a portfolio of companies with strong return potential. We take an active approach to managing the investments in the portfolio and believe such an approach can add value to the investee company and optimise the return potential for Investors.

Why Emerging Companies?

Under-researched, under-valued, under-owned

Provides investors with early access to a portfolio of expansion stage private investments on negotiated terms, with near term liquidity

Alignment of interests

  • Targeting investments in founder-led companies
  • Negotiated investments, typically on preferred terms

Large Universe

  • Meet with 200+ qualified, private companies every year
  • Only invest in 8-10 new companies per year, targeting total Fund investments of 15-20 companies

Pathway to liquidity

  • Companies with a near term liquidity event - IPO, secondary sale, trade sale or dual track process
  • Generating excess returns through a private to public premium or control premium

Under-researched, under-valued, under-owned

  • A unique investment category sitting between VC and PE
  • Private companies seeking growth or expansion capital

CVC Emerging Companies Fund II – Manager Overview

The Fund is managed by CVC ECF Managers Pty Ltd (ACN 644 213 221, CAR 128 4343), a corporate authorised representative of CVC Managers Pty Ltd ACN 108 360 372 (AFS licence no. 277740), a wholly owned subsidiary of CVC Limited ACN 002 700 361, an ASX listed diversified investment company. CVC Limited is a cornerstone investor in the Fund.

The directors and investment team of the Manager are Christian Jensen and Jonathan Pearce. The investment team has access to a substantial flow of expansion stage and pre-IPO opportunities and has, over a long period, established a process for assessing, selecting and managing this type of investment both as portfolio managers for CVC Limited and as members of the investment team of the CVC Emerging Companies Fund I.

Christan Jensen image

CHRISTIAN
JENSEN

Portfolio Manager

Christian is an investment professional with over 18 years experience and worked in corporate restructuring before joining CVC in 2001. He left CVC and worked at Macquarie Bank, and was a co-founder of a boutique global-equity fund manager before returning to CVC in 2014. Christian also has experience as a director of a number of private and public companies.

Jonathan Pearce image

JONATHAN
PEARCE

Portfolio Manager

Jonathan has worked in the finance industry for 15 years, focused primarily on corporate finance and advisory for small and mid-cap companies listed on the ASX. Prior to joining CVC, Jonathan held senior roles at Blue Ocean Equities and Canaccord Genuity and has held a number of private and public company directorships.

Target Investment Allocation

The Fund aims to generate superior long term returns for Investors with exposure to a high quality portfolio of 15-20 listed and unlisted growth and expansion stage companies.

Pre-IPO

Ordinary equity, preferred equity and convertible notes
6 - 24 month timeframe to liquidity

Private

Ordinary equity, preferred equity
12-36 month time frame to liquidity

Listed

Pre-IPO investments (partially) held post-IPO
Micro/small cap IPOs and placements

Disclaimer

This information has been prepared and issued by CVC ECF Managers Pty Ltd (ACN 644 213 221, CAR 1284 343) (CVC), a corporate authorised representative of CVC Managers Pty Ltd (ACN 108 360 372, AFSL 277740). This information is intended for wholesale investors only. The information provided is factual information or general advice and does not take into account the objectives, financial situation or particular needs of any person. Past performance is not a reliable indicator of future performance.

This website may contain statements, opinions, projections, forecasts and other material (forward looking statements), based on various assumptions. Those assumptions may or may not prove to be correct. None of CVC, their officers, employees, agents, advisers nor any other person named in this website makes any representation as to the accuracy or likelihood of fulfilment of the forward looking statements or any of the assumptions upon which they are based. This website is not intended to be a research report (as defined in ASIC Regulatory Guides 79 and 264). Unless otherwise indicated, all views expressed herein are the views of the author and may differ from or conflict with those of others within the group.