Richardson family office partners with Australasia’s largest PE firm
The Richardson family office has invested alongside Pacific Equity Partners (PEP), Australasia’s oldest and largest private equity firm.
Founded in 1998, PEP has since made more than 200 investments worth and engaged in close to A$50bn in transactions, including both acquisitions and exits.
PEP works alongside some of the world’s largest and most experienced investment institutions and sovereign wealth funds and recently won the 2024 ‘Firm of the Year’ award from the Australian Investment Council.
The partnership with PEP follows a desire by the Richardson family office to trade and invest in the Indo-Pacific region.
Individual investments by the Richardson’s include the artisan bakery chain Baker & Cook, and, more recently into Permaconn, the Sydney-based leader in Wireless Security Technology.
The family office is set to make further investments in the region as it is estimated that over half of the world’s middle class will live and work in Asia by 2030.