Steve Byrom (Potentum Partners Private Equity): The Opportunity in Global Secondaries

In this discussion, one of our Managing Partners, Tim Whybourne, catches up with Steve Byrom of Potentum Partners. Steve is a Founding Partner of Potentum Partners. Prior to Potentum Partners, Steve spent 11 years as Head of Private Equity and Investment Committee member at Future Fund, Australia’s sovereign wealth fund. He led the team that created Future Fund’s private equity strategy, building a $27.5bn investment program.

During the discussion, they cover everything from the lessons learned investing in private equity for the Australian Future fund and the connections formed during this time that are pivotal to the success of their current private equity business. We cover the basics of what private equity, secondaries and primary transactions look like and highlight some of the key deals they have done in recent times, why it is important to invest in the top half of Private equity performers and the importance of continuing to allocate to private equity throughout a cycle. Potentum partners are currently raising capital for their new semi-liquid secondaries fund.

Disclaimer:
The information in this podcast series is for general financial educational purposes only, should not be considered financial advice and is only intended for wholesale clients. That means the information does not consider your objectives, financial situation or needs. You should consider if the information is appropriate for you and your needs. You should always consult your trusted licensed professional adviser before making any investment decision.