Track Record
Allegro has a proven record for creating value and delivering investment returns from a private equity portfolio. Allegro was established in 2004, with a focus on restructuring private equity assets, driving financial and operational initiatives and unlocking growth to improve profit. The team at that time also provided capital-raising and buy/sell-side advisory services to private equity fund managers and their portfolio companies. In September 2008, Allegro became the first fund manager to be backed unanimously by institutional investors to replace the incumbent manager of an Australian private equity fund, when it was appointed to manage the $300 million ABN AMRO Capital Australia Fund II (renamed Allegro Private Equity Fund I).
Today Allegro is recognised as a leading fund manager in the mid-market segment. Our staff of 10, including seven investment professionals, bring deep and varied experience in investing, turnaround management and operational value creation. We have a proven ability to originate, evaluate and execute quality deals, and to drive value from mid-market businesses.
An active manager of portfolio assets, Allegro prefers hands-on involvement in both strategy and overseeing operational improvement. Why? Because we believe that staying close to portfolio companies is the surest path to extracting the value, and returns, that investors demand.
The performance of Allegro Fund I bears the hallmark of this distinctive approach. Since Allegro was appointed manager, the fund has generated a gross internal rate of return of 72%, despite facing some of the worst conditions seen in generations following the global downturn of 2008.
View profiles of the Allegro Private Equity Fund I portfolio companies here.