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Inside Potentia Capital, the tech gurus banking double-digit returns

Inside Potentia Capital, the tech gurus banking double-digit returns

Andrew Gray and Tim Reed met in the hallways of Harvard Business School. Their latest dealmaking is putting their private equity investments house on the radar.

Aaron WeinmanCorrespondent

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Can a private equity firm specialising in the highly volatile technology sector work in Australia?

The answer, according to Potentia Capital’s Andrew Gray, is a resounding yes. Having raised some $1 billion since its inception in 2014, he and ex-MYOB chief executive Tim Reed have been making a boatload for investors.

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Aaron Weinman
Aaron WeinmanCorrespondentAaron Weinman is a correspondent at The Australian Financial Review who covers investment banks, private equity firms and the broader capital markets. Connect with Aaron on Twitter. Email Aaron at aaron.weinman@afr.com

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Original URL: https://www.afr.com/companies/financial-services/inside-potentia-capital-the-tech-gurus-banking-double-digit-returns-20230327-p5cvo3