The Australian – 17 November 2015 by Andrew Main
In a world where a 5 per cent annual return is beginning to look exciting, self-managed super fund members are looking hard for capital growth opportunities.
The following story is going to depress you, if you’re not classified as a sophisticated investor. Still, it’s worth persevering with, if only to show that there is a lot of growth potential out there, and it’s only a matter of time before that big cohort of midsized SMSF investors get better access to that home of the high return – private equity.
It’s about John Murphy and Greg Robertson, former partners in big accounting firms who collectively have 30 years experience running PE funds which managed an average annual internal rate of return of 23 percent