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Square Peg adds write-down provisions; preps investors for lower returns

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It’s lower returns, write-off provisions and warnings about skinnier IRRs ahead at Square Peg Capital, as the group mails out investor returns for the six months to June 30.

Paul Bassat, co-founder and partner at Square Peg Capital. Arsineh Houspian

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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
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

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Original URL: https://www.afr.com/street-talk/square-peg-adds-write-down-provisions-preps-investors-for-lower-returns-20220720-p5b33x