# Odyssey Private Equity

Odyssey Private Equity is a Private Equity based in Sydney, Australia.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Sydney, Australia
- **Region:** Oceania
- **Address:** Sydney, Australia
- **Founded:** 2017
- **Assets under management:** A$275 million (per firm website)
- **Website:** odysseype.com.au
- **LinkedIn:** https://www.linkedin.com/company/odyssey-private-equity-pty-limited

## Regulatory record

- **Reports private funds:** No

## About

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

## Sectors

- Consumer Products
- Retail
- Financial Services
- Industrial Products & Services
- Equipment Rental
- Distribution
- Aged Care
- Manufacturing
- Building Products
- AgriTech & FoodTech

## People

- George Penklis — Managing Partner
- Gareth Banks — Partner
- Paul Readdy — Partner

## 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.

## Related profiles

- [Odyssey Investment Partners](https://altss.com/profile/odyssey-investment-partners)
- [Odyssey Venture Partners](https://altss.com/profile/odyssey-venture-partners)

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Last updated: 2026-06-03T20:00:00.000Z

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