Thomson Geer advises Anacacia Capital on new, A$280M fund

Thomson Geer has advised leading Australian private equity and listed equities investment firm Anacacia Capital on a A$280 million capital raising for its new Anacacia V fund.

The capital raising for Anacacia V came from existing and new investors.

The raise brings Anacacia's total committed capital since its founding in 2007 to more than $1 billion.

The Anacacia V fund has acquired interests in Direct Couriers, RP Infrastructure and Big River Industries (ASX: BRI) from earlier Anacacia funds and other minority investors. The continuation structure allows Anacacia to support these businesses for at least another five years, while offering existing investors the option to realise liquidity or reinvest alongside new limited partners.

Thomson Geer advised Anacacia on all aspects of the transaction, including the establishment of the new fund, transactions in respect of the portfolio companies, and various regulatory matters.

Thomson Geer brought together a multi-practice team to assist Anacacia to create the new fund.

The team was led by Corporate Partner Dan Kramer and Funds Partner George Hodson, who said: "We are proud to have supported our long-standing client, Anacacia, on this important and strategic transaction."

The team also included: Corporate – Special Counsel Lucinda Girdlestone, Special Counsel Helen Jin, Associate Christian Teng; Tax/Fund – Partner Loretta Reynolds, Special Counsel Jemma Smith; and Equity Capital Markets – Partner Scott Gibson and Special Counsel Cameron Bill.

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