
Dear JV Partners,
I hope this note finds you well.
By now you would have received copies of our recommended budgets for FY21, we look forward to any feedback you may have.
As always, there is plenty of activity and it was nice to have such great client attendance and interest at our recent webinar / forum on residential property markets which also included an overall equity market update from Jonathan Bayes, one of his last sessions with clients before he finishes up on 4 September. By way of update, the investment committee members and participants continue to meet weekly reviewing core holdings and opportunities as we see out the rest of reporting period, we are also engaging with market participants to make sure clients gain access to the best advice and opportunities.
In other interesting news, Prime’s Capital & Corporate Advisory division was pleased to advise long term Prime Accounting & Business Advisory client, Quad Lock on its recent sale of a majority equity interest to Quadrant Private Equity, through the $400m Quadrant Growth Fund, for more information please click here for the Media Release. Congratulations to founders Rob Ward and Chris Peters on such a successful outcome in what was a hotly contested process for such an exceptional business.
If you have any queries or would like to discuss any client opportunities please don’t hesitate to contact us.
Best,
Simon Madder.