Rockpool, Sake and a portfolio of restaurant brands owned by one of the country’s largest private equity firms have fallen into the hands of lenders, who have already replaced the company’s board and management.
Quadrant Private Equity is walking away from the hospitality empire which grew out of celebrity chef Neil Perry’s high-profile Sydney steak restaurant, handing the company, known as Pacific Hunter, to Metrics Credit Partners.
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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
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
