VCF Capital Partners Competitors

Airtree is a venture capital firm backing Aussie and Kiwi founders, building the iconic technology companies of tomorrow. We’re powered by our network, dedicating extraordinary resources to help founders shortcut company-building firsts and accelerate their journey from idea to global household name. As one of the largest and most active early-stage investors in Australia and New Zealand, Airtree’s 130+ portfolio features the region’s breakout tech companies, including Canva, Go1, Employment Hero, Airwallex, Immutable and Linktree.

PEP is Australasia’s largest private markets firm, with A$19 billion AUM across various investment strategies. Since its founding in 1998, PEP has made more than 250 investments including bolt-ons, has engaged in A$54 billion of transactions, including both acquisitions and exits, and has delivered a 26% average Net IRR p.a. across the closed end funds. These results are built on a team-based approach of apprenticeship, long term experience, aligned incentives – and a disciplined investment focus, that has delivered ‘best in class’, consistent results for our investors and partners over the last 28 years. Our long-term investors include the world’s largest and most experienced investment institutions and sovereign wealth funds, as well as private wealth investors. PEP has been the recipient of various industry awards over the past 27 years, including most recently the Firm of the Year Award from the Australian Investment Council (AIC) in 2024 and 2025.

Allegro is one of Australia’s most-awarded firms in the private equity investing space. We manage over A$4 billion in assets on behalf of investors worldwide and have one of the largest teams on the ground. We specialise in building great businesses through Active Complex Transformation (ACT). We thrive on complexity – and our market-leading operational improvement capability, including a dedicated team of Operating Partners, helps us to successfully drive value and transform the businesses we invest in. We target opportunities with the following characteristics: • Corporate Carveouts, Special Situations/ Turnarounds, and Growth Partnerships; • Businesses with revenues of scale that require bespoke solutions to address underperformance, a high degree of complexity, or to transform operational performance; • Businesses requiring equity investment of up to A$250 million; • Businesses based in Australia or New Zealand; and • Across a range of sectors. Over the last 20 years, we have made investments in over 30 companies, along with over 50 bolt-on investments and 19 exits. Allegro Funds II and III have been successfully invested across several businesses all of which are in different stages of their transformation journeys. Allegro Fund IV, our current fund, has capital commitments of approximately A$750 million and is currently being invested.