Investor · 2 deals
Every published round Pendal Group took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Pendal Group has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Siteminder | 23 Jan 2020 | 2 | 0 |
Fund closes reported for Pendal Group, as distinct from the investments it has made.
Companies Pendal Group has backed that another company then bought. An exit for the holding, not a deal Pendal Group did.
Stories naming Pendal Group. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Hotel commerce platform SiteMinder listed on the ASX, raising $627 million and closing its debut up 38% at a $1.88 billion valuation, after a $100 million pre-IPO raise.
Also Startup Daily
Ellerston Capital's JAADE private assets fund, co-led by ex-Aristocrat CEO Jamie Odell, reports a strong first year and ambitions to raise up to $500m; its holdings include Mable, Camms and SiteMinder.
Ellerston Capital's post announces hotel-booking firm SiteMinder raised over $100 million from BlackRock, Ellerston Capital, Pendal Group and AustralianSuper, becoming a billion-dollar company, and promotes its JAADE private assets fund.
Also Ellerston Capital portfolio·TechCrunch Venture·SmartCompany·SmartCompany·Startup Daily
SiteMinder raised from BlackRock at a $1.1 billion valuation, becoming Australia's first unicorn of 2020, joined by AustralianSuper, Ellerston and Pendal; Bailador reported a partial stake sale.