Public equities advocate Perpetual hops into bed with Swiss private equity
Perpetual’s move says a lot about the challenges of the active equities industry in 2025. Their universe is changing quickly, and the pressure is immense.
Here’s a sentence we never expected to write: funds management royalty Perpetual’s Australian equities unit – the one that has kept chairmen and chief executives honest for decades – is getting into bed with private equity.
In a sign of the times, the team under Vince Pezzullo, Perpetual’s head of equities, has cut a deal with Swiss private equity firm Partners Group to explore public-private funds or other types of investment vehicles that would combine public and private equity.
Loading...
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
![“We’re having a birthday party for [daughter] Rada in a few weeks and we’re going to get the truck to come, which is a real flex,” O’Neill says.](https://static.ffx.io/images/$zoom_0.7012%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_732%2C$y_641/t_crop_custom/c_scale%2Cw_600%2Cq_52%2Cf_auto/b5e4395344f07ccd1e3a348af02af77c8eeb8d1b)
