Jeremy joined Harbert in 2008 to establish its Australian mid-market private equity fund. Harbert is a US based fund manager with over US$2.7bn under management across more than 10 different fund types including private equity, mezzanine, venture capital, property and hedge funds. Harbert made two investments in 2009, investing in Solar Shop Australia and Aesop. Jeremy was responsible for originating both investments and is Chairman of Solar Shop and non-executive Director of Aesop. The fund made two follow-on investments in Solar Shop during 2010. Prior to joining Harbert, Jeremy was Head of ANZ Private Equity, a A$500m private equity fund managed by ANZ. The fund invested both bank balance sheet (A$400m) and third party funds (A$113 million) in middle-market private equity investments. Jeremy and his team completed almost 90 investments over eight years across Australia and New Zealand. At the time Jeremy lead ANZPE, the portfolio consisted of 51 investments, a team of 35 investment professionals and 6 offices through Australia and New Zealand.
Appearing:
Conference Day Two: Tuesday 7 June 2011
14.00
Presentation:
Facilitating deal flow in low capital conditions through the effective execution of cost reduction programs
The strategies used in recent private equity deals to secure acquisition prices that maximise return on investment
Using scenario analysis and economic capital models to keep portfolio companies thriving in the post-GFC market
How to keep flexibility in investments despite capital constraints through debt restructuring and efficient creditor management
Maintaining an alpha-rich market by facilitating transactions under uncertain economic conditions
Mr Jeremy Steele,
Vice President and Senior Managing Director, Harbert Private Equity, Australia