Alceon Group

Alceon Group is pleased to have been acknowledged by UDIA NSW for its residential development project, Akoya Greenwich. It has been a challenging period for the entire building & construction industry and we are grateful for all the support we have received from our bankers at ANZ to complete this project. https://lnkd.in/eVzmqKSW

Alceon Private Equity is pleased to announce an exciting new partnership with Shadbolt. Alceon PE's David Wilshire notes "We’ve spent considerable time looking for the next platform asset in defence, given the significant activity across new fleet build and sustainment, and the overarching geopolitical developments,” “In this market, there are limited companies of sufficient scale and there is clear logic in a partnership with private capital to provide financial and strategic support, ultimately delivering defence what it needs in local manufacturing and service capability.” https://lnkd.in/gSsg3QK3

We are pleased to announce the appointment of former Goldman Sachs Asset Management Partner, David Gribble, as a senior partner and CEO of Alceon, effective February 2025.    David is a highly regarded and experienced executive who has been actively involved in the same businesses and markets as Alceon for many years, including most recently his 15-year tenure with Goldman Sachs, one of the world’s leading financial services organisations.    We are delighted to have someone of David’s calibre join Alceon and partner with Trevor Loewensohn, Phil Green and Morris Symonds (the 3 founding partners and major shareholders) as we take Alceon forward under David’s leadership with the same client-led focus and strategy.    Alceon has a well-established team of partners, leaders and employees totalling around 80 staff members, many of whom have been with us since inception in 2010 and who continue to make a substantial contribution to the business.   We look forward to welcoming David to the team in February next year. https://lnkd.in/gJxzVXtc

Alceon Private Equity is pleased to announce that we have agreed terms with the Founders and Board of Boss Engineering to acquire a 50% interest in the business. Zac Midalia (Co-MD, Alceon Private Equity) notes to the The Australian Financial Review   “This is a deal that makes absolute sense to Alceon and our loyal investor base because it fits our core strategy of marrying flexible capital with operator led, market leading companies,” “We believe our ability to identify and work with leading mid-market companies such as Boss is unique in the Australian PE sector.” https://lnkd.in/g4vW-QWh

In this article on Financial Standard, Guy Silbert highlights, “Managed Accounts hit $195 billion in December 2023. Notably, this represents a growth of 15 times the $13 billion in FUM in June 2015”. Guy further notes "many managed account investors have limited access to private assets. In our opinion, this situation is to their detriment”. The Alceon Australian Property Fund (AAPF) illustrates the benefits of including private assets in portfolios. The fund's investments include real property assets, infrastructure, private credit, and real estate development, showcasing the diversity and potential returns of private asset investments in a liquid structure. https://lnkd.in/gn2yXBm8

Alceon Group is thrilled to be partnering the Sammut Group on another iconic project in a gateway location. Great to have quality delivery partners, the Decode Group, on board. Alceon Group Sammut Group Decode Group

Alceon is pleased to announce the acquisition of 40 Tank Street, Brisbane, a prime Brisbane CBD commercial carpark and office building in the city’s legal precinct for $73 million. Todd Pepper, Founder and Executive Director at Alceon Qld, said “The supply outlook for the Brisbane CBD office market is relatively restrained with just three projects committed to 2028, and the availability of good quality, well located contiguous space, diminishing very quickly. This characteristic is promoting solid rental growth in existing assets and a further tightening of the CBD’s vacancy rate”. https://lnkd.in/gR_DQqd7

Damien Cronin (Head of Real Estate) spoke to Tesa Arcilla on the Plot about the growth and performance of the Alceon Real Estate Credit Fund and the growth of Alceon's real estate private debt portfolio to $3 billion.

Alceon is pleased to share that the Alceon Real Estate Credit Fund's strong performance has been awarded a 'Superior 4.25 Stars' SQM Rating as it reaches A$600 million. https://lnkd.in/g6fsYPNT