BGH Capital establishes private equity fund
BGH Capital has established Australia’s largest private equity fund, in a deal that has already raised $3.6 billion.
Firm: Corrs Chambers Westgarth (BGH Capital)
Value: $3.6 billion
Area: Finance
Key players: The matter was led by partner Kon Mellos and special counsel Anton Bobenko.
Deal significance: BGH is one of Australia’s leading private equity buyout firms, with over $6.2 billion under management. Investors in Fund II include public and private pension funds, sovereign wealth funds, insurance companies and family offices globally.
Commenting on the matter, partner Kon Mellos said: “We are pleased to support BGH with the successful establishment and raising of Fund II. The close announced this month was an exciting milestone, cementing the fund as the largest in Australia.”
Lauren Croft
Lauren is a journalist at Lawyers Weekly and graduated with a Bachelor of Journalism from Macleay College. Prior to joining Lawyers Weekly, she worked as a trade journalist for media and travel industry publications and Travel Weekly. Originally born in England, Lauren enjoys trying new bars and restaurants, attending music festivals and travelling. She is also a keen snowboarder and pre-pandemic, spent a season living in a French ski resort.