# Pacific Equity Partners

Pacific Equity Partners is an Asset Manager based in Sydney, Nsw, Australia.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Sydney, Nsw, Australia
- **Region:** Oceania
- **Address:** Sydney, Australia
- **Founded:** 1998
- **Assets under management:** A$19B (per the firm, 2025)
- **Website:** www.pep.com.au
- **LinkedIn:** https://www.linkedin.com/company/pacific-equity-partners
- **Wikidata:** Q7122444

## Regulatory record

- **CRD number:** 291967
- **SEC file number:** 802-112990
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/291967

## About

Pacific Equity Partners (PEP) is an Australia-based Private Markets Fund Manager and a leader in Australian and New Zealand markets. Founded in 1998, PEP works in partnership with management teams to drive business success through transformational profit improvement and has built a reputation for delivering world-class returns. Its model covers four investment strategies: Private Equity, Secure Assets, PEP Credit and PEP Gateway.

## Sectors

- Generalist
- Private Credit
- Infrastructure
- Real Estate
- Healthcare Services
- Energy Transition & Renewables
- Mobility & Transportation
- Education

## People

- Simon Pillar — Chair, Operating Committee
- Rickard Gardell — Member, Operating Committee
- Tim Sims — Member, Operating Committee
- Paul McCullagh — Senior Advisor
- Jake Haines — Managing Director, PEP Credit
- Paul Foster — Co-Lead, Secure Assets

## Questions

### Who runs investment decisions at Pacific Equity Partners?

An Operating Committee comprising the three founding partners — Simon Pillar (Chair), Rickard Gardell, and Tim Sims — oversees all investment decisions alongside strategy heads. Jake Haines leads PEP Credit, and Paul Foster co-leads Secure Assets. The founders remain the ultimate ratifying body, a structure unchanged since the firm's first fund in 1998.

### How is Pacific Equity Partners structured across its investment strategies?

PEP operates four distinct strategies: a flagship Private Equity buyout series (currently Fund VII), Secure Assets targeting infrastructure and essential services, PEP Credit providing private debt across the capital structure, and PEP Gateway — a co-investment platform launched alongside the most recent flagship fund. Each strategy has dedicated investment committee oversight and separate limited-partner documentation.

### Does Pacific Equity Partners participate in fund commitments or only direct deals?

The firm primarily structures direct control investments through its PE and Secure Assets funds, but PEP Gateway was created specifically to accommodate co-investment alongside the main buyout vehicle. PEP Credit operates as a direct lending strategy rather than a fund-of-funds allocator.

### What investment stages does Pacific Equity Partners typically target?

The Private Equity strategy targets mature, cash-generative businesses across Australia and New Zealand, executing buyouts, take-privates, and corporate carve-outs. The firm occasionally pursues growth-stage investments through its main fund, but its core competency remains operational turnarounds and expansion-stage value creation in established companies.

### Where has Pacific Equity Partners historically sourced its limited partner capital?

According to PEP's own disclosures, its long-term investor base includes the world's largest and most experienced investment institutions, sovereign wealth funds, and private wealth investors (per the firm, 2025). While superannuation funds are known anchors in Australian private markets, PEP does not publicly break out specific LP names.

### How is Pacific Equity Partners different from other Australian private equity firms?

Three structural features separate PEP. First, its founders built a regional strategy practice at Bain & Company before launching the firm, creating an operations-heavy value-creation model that embeds ex-consultants inside portfolio companies. Second, an Operating Committee of the original founders still ratifies every investment, avoiding the succession disruption common among first-generation firms. Third, the multi-strategy platform — spanning buyouts, infrastructure, credit, and co-investment — operates under a single P&L with shared deal origination resources.

### What is Pacific Equity Partners' approach to responsible investing?

PEP has been a United Nations Principles of Responsible Investing signatory since 2012. The firm reports measuring carbon footprint across nine portfolio companies, with its own operations powered by renewable energy (per the firm, FY25). ESG risk assessment is formally embedded in the investment evaluation process.

## Related profiles

- [Pacific Current Group](https://altss.com/profile/pacific-current-group)
- [Pacific Financial Group](https://altss.com/profile/pacific-financial-group)

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Last updated: 2026-08-11T15:07:41.444Z

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