Macquarie Asset Management partners with Wellington Management to launch evergreen venture growth fund in Australia

Australian wholesale investors can now access Wellington’s evergreen venture growth strategy, distributed through Macquarie Asset Management, focused on late-stage growth and pre-IPO companies.

Macquarie Asset Management (MAM) has today launched the Macquarie Wellington Venture Growth Fund (the Fund) in partnership with Wellington Management, bringing the Wellington Venture Growth Evergreen (Luxembourg) strategy to Australian wholesale investors.

MAM’s external manager business in Australia and New Zealand, Macquarie Professional Series, has made the Fund available as an Australian unit trust, which offers wholesale investors access to institutional-quality private companies, with a focus on late-stage growth or pre-IPO phase.

Luke Crozier, Head of Macquarie Professional Series, said: “Some of the most exciting growth opportunities occur well before companies ever reach a stock exchange, and an evergreen structure lets our wholesale clients participate in that growth as it happens.”

“Macquarie Professional Series is committed to providing investors with greater investment choice and access to world class fund managers, and we are excited to add this complimentary strategy to our existing partnership suite.”

Over the past two decades, Wellington’s private markets platform has made more than 350 investments and achieved more than 130 IPO’s, M&A or other liquidity events (as at 30 June 2026). Wellington has a strong track record of sourcing late-stage private investment opportunities and has built a proprietary database for direct investment. 

Caitlin Hollebone, Head of Wellington Management Australia, said: “The timing and scale of companies transitioning from private to public markets has changed. Companies are staying private for longer and opportunities exist to invest in their growth before they reach the public markets. Wellington’s “Full Picture” approach brings public and private market perspectives together to provide a broader view of opportunities and risks across a company’s lifecycle.”

“We look forward to partnering with Macquarie Asset Management to broaden access to Wellington’s private markets capabilities across the Australian wealth market, including through advisers, platforms, private banks and other intermediaries.”

The launch builds on MAM’s broader wealth business in the region, expanding its offering for private wealth clients in Australia and New Zealand through innovative investment solutions managed by institutional-quality managers.

Brent Andal, Head of ANZ Wealth, Macquarie Asset Management, said: “Private wealth clients are increasingly seeking access to private markets, and our focus is on delivering innovative investment solutions that meet their evolving needs. Partnering with Wellington Management to launch this Fund strengthens our offering for advisers and their clients, while broadening access to institutional-quality private markets capabilities.”

For more information visit the website here.

Disclosure: For Australian wholesale investors only and not available to US investors.