Private Equity

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Odyssey Private Equity

Partnering with business owners and management to build leading growth companies About Odyssey Odyssey Private Equity invests in leading, mid-sized growth...

Odyssey Private Equity logo

Odyssey Private Equity

Partnering with business owners and management to build leading growth companies About Odyssey Odyssey Private Equity invests in leading, mid-sized growth companies in Australia and New Zealand, that have the potential to be future leaders in their market segment. We manage a A$275

General information

Firm type

Private Equity

Year founded

2017

AUM

A$275 million (per firm website)

Location

Region

Oceania

Country

Australia

City

Sydney

Corporate office

Sydney, Australia

Principals

George Penklis

Managing Partner

Gareth Banks

Partner

Paul Readdy

Partner

Sector focus

Consumer ProductsRetailFinancial ServicesIndustrial Products & ServicesEquipment RentalDistributionAged CareManufacturingBuilding ProductsAgriTech & FoodTech

Frequently asked questions

Who runs investment decisions at Odyssey Private Equity?

The three partners — George Penklis (Managing Partner), Gareth Banks (Partner) and Paul Readdy (Partner) — make investment decisions. Penklis was a founding partner of Quadrant Private Equity before launching Odyssey. Banks and Readdy each spent time at CHAMP Ventures. Direct involvement by the partners is central to their stated approach.

Does Odyssey participate in fund commitments or only direct deals?

Odyssey invests directly into operating companies, taking both control and minority equity positions. It has not disclosed any fund-of-funds activity. The vehicle is a single, closed-end fund raised from Australian superannuation funds and financial institutions.

What investment stages does Odyssey Private Equity target?

Odyssey targets profitable, mid-sized growth companies and funds organic expansion, acquisitions, management buyouts, management buy-ins and shareholder restructures. The firm does not describe early-stage venture or pre-profit startup exposure.

Which sectors does Odyssey Private Equity avoid?

Odyssey has not published a formal exclusion list. Its disclosed sector experience covers consumer products, retail, financial services, industrial products and services, equipment rental, distribution, aged care, manufacturing and building products — implying a generalist mid-market mandate rather than sector-specific avoidance.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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