# PE firms based in Australia (2026 list) > 229 PE firms based in Australia, 9% active in the last 12 months. Led by Five V Capital, Blackbird, Technology Venture Partners. Ranked by what they funded. Source: https://millionrounds.com/lists/pe-firms-based-in-australia (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # PE firms based in Australia Updated 7 November 2026 PE firms headquartered in Australia. [See all 229 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-based-in-australia)The top 25 **229** investors on the list *+1* this week **47** cheques in 12 months *+20%* against the market **$25M** median round they joined *+213%* against the market median **9%** wrote a cheque in 12 months **4%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (12) - 1 [Five V Capital](https://millionrounds.com/fund/five-v-capital) *Deploying now* Private equity · Australia **32** **$13M** median round **Jun 2026** last seen - 2 [Blackbird](https://millionrounds.com/fund/blackbird) *Deploying now* Private equity · Australia **25** **$24M** median round **Oct 2026** last seen - 3 [Technology Venture Partners](https://millionrounds.com/fund/technology-venture-partners-2) dormant Growth equity · Australia **25** **$7.5M** median round **Jul 2013** last seen - 4 [Future Fund](https://millionrounds.com/fund/future-fund) *Deploying now* Growth equity · Australia **20** **$73M** median round **Jan 2026** last seen - 5 [Hostplus](https://millionrounds.com/fund/hostplus) *Deploying now* Private equity · Australia **15** **$100M** median round **Sept 2026** last seen - 6 [National Reconstruction Fund](https://millionrounds.com/fund/national-reconstruction-fund) *Deploying now* Growth equity · Australia **11** **$40M** median round **Jun 2026** last seen - 7 [BridgeLane Capital](https://millionrounds.com/fund/bridgelane-capital) quiet Private equity · Australia **10** **$6.5M** median round **Apr 2019** last seen - 8 [Ellerston Capital](https://millionrounds.com/fund/ellerston-capital) *Deploying now* Private equity · Australia **7** **$15M** median round **Dec 2025** last seen - 9 [M.H. Carnegie & Co.](https://millionrounds.com/fund/m-h-carnegie-and-co) quiet Private equity · Australia **6** **$42M** median round **Aug 2019** last seen - 10 [Exto Partners](https://millionrounds.com/fund/exto-partners) *Deploying now* Private equity · Australia **5** **$11M** median round **Nov 2025** last seen - 11 [88 Green Ventures](https://millionrounds.com/fund/88-green-ventures) quiet Growth equity · Australia **4** **$30M** median round **Jun 2014** last seen - 12 [Accede Capital Venture Partners](https://millionrounds.com/fund/accede-capital-venture-partners) quiet Growth equity · Australia **4** **$6.3M** median round **Feb 2007** last seen - 13 [Arrowpoint Partners](https://millionrounds.com/fund/arrowpoint-partners) quiet Growth equity · Australia **4** **$116M** median round **Aug 2015** last seen - 14 [Lendlease](https://millionrounds.com/fund/lend-lease-ventures) *Deploying now* Private equity · Australia **4** **$585K** median round **Apr 2026** last seen - 15 [NGS Super](https://millionrounds.com/fund/ngs-super) *Deploying now* Growth equity · Australia **4** **$226M** median round **Sept 2026** last seen - 16 [QIC](https://millionrounds.com/fund/qic) *Deploying now* Private equity · Australia **4** **$17M** median round **Jul 2026** last seen - 17 [Westar Capital](https://millionrounds.com/fund/westar-capital) quiet Private equity · Australia **3** **$18M** median round **Nov 2002** last seen - 18 [Daybreak Investments](https://millionrounds.com/fund/daybreak-investments) quiet Growth equity · Australia **3** **$10M** median round **Nov 2013** last seen - 19 [Advent Partners](https://millionrounds.com/fund/advent-partners) quiet Private equity · Australia **2** **$34M** median round **Nov 2019** last seen - 20 [CoAct Capital](https://millionrounds.com/fund/co-act-capital) quiet Private equity · Australia **2** **$14M** median round **Sept 2025** last seen - 21 [Corner Capital](https://millionrounds.com/fund/corner-capital) *Deploying now* Private equity · Australia **2** **$400M** median round **Dec 2025** last seen - 22 [Fusion Capital](https://millionrounds.com/fund/fusion-capital) quiet Private equity · Australia **2** **$6M** median round **Dec 2001** last seen - 23 [Idemitsu](https://millionrounds.com/fund/idemitsu) *Deploying now* Growth equity · Australia **2** **$75M** median round **Jul 2026** last seen - 24 [REA Group](https://millionrounds.com/fund/rea-group) quiet Growth equity · Australia **2** **$8M** median round **Oct 2019** last seen - 25 [Shaw and Partners](https://millionrounds.com/fund/shaw-and-partners) quiet Private equity · Australia **2** **$16M** median round **Jul 2025** last seen **204 more on this list** All 229 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-based-in-australia) ## The Newest Cheques Rounds this list's investors joined most recently - **26** Oct **[Revolver Resources](https://millionrounds.com/company/revolver-resources)** Debt · $3M *With* [Blackbird](https://millionrounds.com/fund/blackbird) - **23** Oct **[Coherence Neuro](https://millionrounds.com/company/coherence-neuro)** Series A · $45M *With* [Blackbird](https://millionrounds.com/fund/blackbird) - **29** Sept **[New Plumbing Solutions Group](https://millionrounds.com/company/new-plumbing-solutions-group)** Other *With* [38sth](https://millionrounds.com/fund/38sth) - **1** Sept **[Universal Quantum](https://millionrounds.com/company/universal-quantum)** Series A · $100M *With* [Hostplus](https://millionrounds.com/fund/hostplus) - **25** Aug **[Azonic](https://millionrounds.com/company/azonic)** Pre-seed · $597K *Led by* [Blackbird](https://millionrounds.com/fund/blackbird) - **21** Aug **[Vessev](https://millionrounds.com/company/vessev)** Series A · $19M *Led by* [Blackbird](https://millionrounds.com/fund/blackbird) ## Stages This Year 39 rounds - Series A **26%** - Other **18%** - Series B **13%** - Series D+ **10%** - Growth **10%** - Other **23%** ## What They Backed Sectors, last 12 months - AI **16** - Hardware & Electronics **4** - Energy **4** - Automotive & EVs **4** - Fintech **4** - Healthcare **4** ## Cheques by Quarter Led Joined 15 Q1 25 7 Q2 25 11 Q3 25 11 Q4 25 17 Q1 26 10 Q2 26 11 Q3 26 2 Q4 26 The last bar is the quarter still running. ## Lists Like This - [VC firms based in United States 25,936](https://millionrounds.com/lists/vc-firms-based-in-united-states) - [PE firms based in United States 19,904](https://millionrounds.com/lists/pe-firms-based-in-united-states) - [VC firms based in United Kingdom 2,451](https://millionrounds.com/lists/vc-firms-based-in-united-kingdom) - [VC firms based in China 1,473](https://millionrounds.com/lists/vc-firms-based-in-china) - [VC firms based in India 1,309](https://millionrounds.com/lists/vc-firms-based-in-india) - [VC firms based in Canada 1,211](https://millionrounds.com/lists/vc-firms-based-in-canada) - [VC firms based in Germany 1,186](https://millionrounds.com/lists/vc-firms-based-in-germany) - [PE firms based in United Kingdom 974](https://millionrounds.com/lists/pe-firms-based-in-united-kingdom) - [Incubators and accelerators based in United States 828](https://millionrounds.com/lists/incubators-accelerators-based-in-united-states) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about PE firms based in Australia ### Who are the most active PE firms based in Australia? By cheques observed, the most active are Five V Capital, Blackbird, Technology Venture Partners, Future Fund and Hostplus. ### How many PE firms based in Australia are there? 229 are on record. 9% made an investment in the last 12 months and 4% have led a round. ### Which stages do PE firms based in Australia back? Of the rounds with a named stage in the last 12 months, mostly Series A (33%) and Series B (17%). ### How big are the rounds PE firms based in Australia join? The typical (median) round among the leading investors here is $17M. ### Which sectors do PE firms based in Australia back most? In the last 12 months, mostly AI, Hardware & Electronics and Energy. ### Which PE firms based in Australia lead the most rounds? National Reconstruction Fund (7 led), Blackbird (4 led) and Five V Capital (3 led). ### What have PE firms based in Australia invested in recently? Recent rounds include Revolver Resources (Debt, Oct 2026, with Blackbird), Coherence Neuro (Series A, Oct 2026, with Blackbird) and New Plumbing Solutions Group (Other, Sept 2026, with 38sth). ### How is this list of PE firms based in Australia ranked? By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night. Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)