Pacific Equity Partners Fund VII raise complete at $3,200 million hard cap

05 August, 2025

Americas Funds

We are delighted to have supported the Cayman-Islands domiciled fund advised by Pacific Equity Partners (PEP) as fund administrator, marking the seventh core fund (Fund VII) for PEP and closing in A$3.2 billion of commitments. The Australian advisor to the Cayman fund, PEP, is Australasia’s leading private-equity manager, with A$16 billion AUM across various investment strategies. This milestone fundraising of Fund VII attracted exceptional investor demand, closing oversubscribed at its hard cap and highlighting the depth of confidence in PEP.

The Fund VII fundraise was the largest fundraise for a core PEP fund, having been achieved in a challenging fundraising environment. The raise attracted a diversified global investor base, reflecting confidence in PEP’s disciplined investment approach.

We assisted with establishment, launch and multiple closings of Fund VII and will continue to provide ongoing support, including administrative, depositary and governance services in both Jersey and the Cayman Islands. We look forward to continuing the 20-plus-year relationship as the PEP funds’ offshore administration partner of choice and are delighted to also provide the funds with ongoing Cayman legal advice through Ocorian Law.

Sam Kong, Managing Director and COO at Pacific Equity Partners said: “Ocorian has been a trusted partner for more than two decades. Their professionalism and proactive support have been integral to our success, and we look forward to continuing the partnership as we advance with Fund VII.”

Shane Hollywood, a Managing Director at Ocorian, added: “We are delighted to have assisted PEP with their successful closing of Fund VII, their largest core-fund fundraise to date. This is an outstanding achievement in a challenging climate and clearly demonstrates PEP’s market-leading quality and strong track record. We have enjoyed an excellent working relationship with PEP over the years and look forward to continuing to build upon this into the future.”

The Cayman-domiciled fund, with Australian parallel vehicles, will follow PEP’s clearly defined and consistent investment philosophy to identify robust businesses in attractive markets for which they are able to formulate a clear plan to achieve material earnings improvement.