9  December, 2020

Quadrant Private Equity, QIC Global Private Capital and BioScience Managers take out the Australian Investment Council’s 2020 Investing for Growth Leadership Awards

 

SYDNEY: Quadrant Private Equity has been awarded Firm of the Year in the Australian Investment Council’s annual Investing for Growth Leadership Awards.

Quadrant has received the award for outstanding contribution to the advancement of Australia’s $33 billion private capital industry, building and developing a positive workplace and culture, demonstrating leading corporate governance practices and contributing to local communities.

Yasser El-Ansary, Chief Executive of the Australian Council said: “The award judges highlighted that Quadrant was ‘on the front foot’ during the crisis phase of the COVID-19 pandemic and earned the praise of their institutional investors for their proactive communication and investment management practices during a highly volatile period.

“The judges were also highly impressed by how Quadrant has worked to support the management teams of portfolio companies to respond to significant challenges such as the 2019/20 summer bushfires, the public health crisis and economic fallout from the global pandemic. They also called out the importance of the strategic decision taken by Quadrant to expand into the middle market growth segment of the economy, and to diversify the gender and cultural mix of staff to better engage with female business founders and leaders within portfolio companies.”

The Council also announced today that Avita Medical and Advanced Personnel Management have been jointly awarded the 2020 Michael Hirshorn Award for private capital-backed companies whose products or services have been instrumental in delivering a positive impact for the community.

“BioScience Managers’ investment in Avita Medical and Quadrant’s investment in Advanced Personnel Management demonstrated how private capital firms have backed local innovators who have been able to successfully reach global markets while delivering strong community and social benefits through development and expansion of their care-focused products and services,” Mr El-Ansary said.

The Council also announced today that QIC Global Private Capital has been awarded the annual Leadership in Diversity and Inclusion Award for outstanding work amongst peers in promoting leadership in diversity and inclusion within the Australian private capital investment industry.

Mr El-Ansary added: “Valuing difference allows each person to contribute their unique experiences to the workplace and can positively impact operational and financial performance and, at the same time, deliver a more positive overall experience for clients and other stakeholders.

“It is really encouraging to see large well-respected institutional investors such as QIC take a leadership position on an issue like diversity and inclusion within our industry. QIC’s leadership sends a powerful message to other investors, and to fund managers, that diversity and inclusion will play an increasingly central role in guiding capital allocation decisions going forward. That sort of strategic shift will accelerate the pace of meaningful long-term change in private capital here in Australia.”

Today’s award announcement follows the Council’s announcement on Monday, 7 December of the winners in the Deal of the Year category of awards. Click here for more information on the Award Winners and their winning nominations.

Quotes from the Award Winners

Quadrant Private Equity – Chris Hadley, Executive Chairman and Alex Eady, Managing Partner

Quadrant is very proud to have been awarded the Michael Hirshorn award for our investment in Advanced Personnel Management (APM). APM’s purpose as an organisation is to Enable Better Lives. This purpose is underpinned by APM’s core values of Integrity, Customer focus, Respect, Empathy, Achievement, Teamwork and Enthusiasm. Whilst APM’s scale and geographic reach grew dramatically in partnership with Quadrant, APM’s purpose of Enabling Better Lives remains at the core of its culture and purpose for which we are also very proud.

Quadrant had an extremely productive year despite the significant impact and uncertainty brought by COVID-19. Notably the Quadrant Growth Fund was raised in 2019, the fundraise process taking less than five weeks. Quadrant completed its largest ever exit this year, the sale of APM in June 2020. Quadrant had another busy year on the new deal front completing seven new investments and finally the Quadrant investment team grew to fourteen people welcoming three new team members.

BioScience Managers – Amanda Gillon, Senior Partner

Winning the Michael Hirshorn award is a special honour for BioScience Managers, reminding us of the dedication and commitment that Mike is properly remembered for. We are driven to developing breakthrough technologies which, as with Avita, enable lifesaving treatments to be deployed to those that need them, and also provide a route to reward investors, without whom none of this would be possible, with significant returns.

QIC Global Private Capital – Nick Guest, Principal

QIC Global Private Capital has continuously embraced change and evolved into a private capital team that embodies below the line diversity, and diversity where it matters – of thought, age, gender, ethnicity and experience. This combination has delivered an embedded culture of shared values that empowers individuals to reach their full potential and pay it forward.

For an interview with Yasser El-Ansary please contact:

Robyn Tolhurst
Public Affairs Manager
robyn.tolhurst@aic.co
M: 0436 388 919

About the Australian Investment Council

The Australian Investment Council is the voice of private capital in Australia. Private capital investment has played a central role in the growth and expansion of thousands of businesses, which when combined represents a multi-billion-dollar contribution to the Australian economy. Our members are the standard-bearers of professional investment and include: private equity, venture capital and private credit funds, alongside institutional investors such as superannuation and sovereign wealth funds, as well as leading financial, legal and operational advisers.

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