Full throttle for FleetPartners bidders, chequered flag on the horizon
Street Talk reports Pacific Equity Partners, Orix and Sumitomo are preparing binding final bids for FleetPartners in a UBS-run auction; no transaction has been agreed.
Investor
Sydney, NSW
Every published round UBS 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 UBS has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for UBS, as distinct from the investments it has made.
Companies UBS has backed that another company then bought. An exit for the holding, not a deal UBS did.
| Name | Role | Sources |
|---|---|---|
| Daniel Teoh | Co-Head of Industrials (former) | jerraraenvironmental.com.au |
| Derek Troy-West | Our Innovation Fund | |
| Dominique | Global Head of Digital Marketing (former) | Startup Daily (Tue 29 Apr 2025), Startup Daily (Mon 10 Feb 2025) |
| Katie Klosterman | Executive Director | Australian FinTech |
| Lachlan MacGregor | Investment Banker (former) | Startup Daily (Wed 5 Nov 2025), Startup Daily (Wed 15 Oct 2025) |
| Michael Fagan | Managing Director (former) | Australian FinTech |
| Travis Miller | Managing Director (former) | Australian FinTech |
Stories naming UBS. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Street Talk reports Pacific Equity Partners, Orix and Sumitomo are preparing binding final bids for FleetPartners in a UBS-run auction; no transaction has been agreed.
Street Talk roundup: Tasman Capital's new fund reaches first close, EQT buys control of an NRL club, KKR eyes a Drifter exit, PAG dealmakers jump to Jardine Matheson, Colter Bay lands a debut loan.
About page for waste solutions company Jerrara Environmental profiling its holdings and operating boards, with biographies recalling sector transactions including Cleanaway's sale to KKR and later acquisition by Transpacific.
Online used-car platform Carma slid on its ASX debut after a $70 million IPO; the piece recalls its earlier seed, Series A and convertible note raises and names its backers.
Preview of the sixteen startups in Startmate's Summer '25 Accelerator cohort pitching at Demo Day at Carriageworks, closing out Blackbird's Sunrise gathering in Sydney.
Melbourne developer-tools startup Factor House closed its first external round — $5 million, led by Blackbird, valuing it at $25 million — with OIF Ventures, Flying Fox Ventures, the Alice Anderson Fund and two angels joining.
Quadrant Private Equity has completed an oversubscribed $660 million final close on its third growth fund, a larger vehicle than its two predecessors, which will target technology, healthcare and consumer businesses.
Also peforum.org
HMC Capital's Energy Transition platform, chaired by Julia Gillard, is investing about $50 million for a controlling stake in Sydney battery storage developer Stor-Energy, its first platform investment.
Ten13's blog announces Sophie Robertson's promotion to partner after three years leading investor relations there, alongside a Q&A tracing her move from investment banking and a Startmate fellowship into venture capital.
Mike Cannon-Brookes' investment vehicle Grok Ventures has hired Tan Kueh, ex-Macquarie, UBS and BlackRock, as CEO, joining CIO Jeremy Kwong-Law, as it sharpens its strategy around climate investing.
OIF Ventures' newsletter announces leading Nullify's pre-seed round, two investment team hires, portfolio company awards and product launches, and Go1's acquisition of Anders Pink.
Openmarkets Group grew its pre-IPO funding to 17.8 million dollars and agreed to buy the remaining share of trading tech developer Cannon Trading, while adding several senior staff.
Payments company Zip has hired Cynthia Scott, previously a senior executive at Scentre Group and Telstra, to run its Australian and New Zealand operations and join its global executive team.
A Carlyle-managed fund has proposed acquiring Link Group, offering cash plus a PEXA share distribution valuing each share at $5.38. The board is reviewing the non-binding proposal with advisers; no deal is agreed.
Common Bank's venture scaling entity x15ventures has invested $1 million for a minority stake in Payble, the bill-payments subsidiary of ASX-listed Identitii, its first minority equity investment, with Chris Austin joining Payble's board.
Wholesale Investor profiles Incomlend, an invoice trading platform offering credit-insured short-term receivables to investors, recalling its USD20 million Series A led by Sequoia India and later backing from Singapore's EDBI.
Also Wholesale Investor
Commodity tokenisation firm InfiniGold, now renamed Trovio, has raised A$6.25 million in Series B funding co-led by Blockchain Valley Ventures and Amherst Holdings to grow its CommoditiesPass platform.
Also Cut Through Venture
A profile of Stockspot founder Chris Brycki, tracing his childhood passion for investing, his departure from UBS, and how his robo-advice startup grew to serve thousands of Australian customers.
Mortgage platform Lendi has engaged two investment banks to assess possible funding pathways, including future equity raises and a potential listing, with existing shareholders already on its register.
Platform iPartners, run by two ex-bankers, is pitching wealthy investors for new equity after previously raising over $45 million, offering direct access to institutional-grade alternative assets.
Online small-business lender Prospa has lodged a prospectus for a second attempt at listing on the Australian exchange, a year after abandoning its first, having earlier raised a pre-listing round from existing backers.
Prospa's leadership is sounding out fund managers for a second try at floating on the ASX, about a year after its first float was scrapped and the money raised returned.