Accretion Investment Management

As Originating Manager

In 2004, Accretion originated and then managed a portfolio of 3 later stage Australian investments for Stafford Private Equity. The portfolio was acquired from Quadrant Capital Fund in a secondary transaction to facilitate the wind-up of the vendor fund. The portfolio has been fully realised and generated strong returns.

In 2006, Accretion established a fund to enable it to originate and manage secondary investments in Australia and New Zealand. The principal investors were Stafford Private Equity and AMP Life. The fund has invested as follows:

Investee Business Revenue Realised
Energetics Energy, greenhouse and sustainability consulting $15m+ No
Australian Char Heat Beads® BBQ fuel manufacture $25m+ No
Speedscan Electronic document management services $10m+ 2014
Revenues are approximate in AUD

The fund has been partially realised.