Annual Awards

AVCAL Portfolio Company Award details

Nominations for the 2010 Portfolio Company awards are now open.

Email us to request a nomination form.

The annual awards are presented by AVCAL and aim to recognise and reward the achievements, vision and entrepreneurship of companies that have made the best use of private equity and venture capital in their development.

Nominations are sought from AVCAL members for the following investment stages:

• Best early stage
• Best expansion stage
• Best management buy-out<$100m*
• Best management buy-out $101-500m*
• Best management buy out > $501m*
• Best public to private

_{*Best management buy-out categories are based on enterprise value.}

Judging Criteria:

• These entries are judged on company's financial performance, and return to backers;
• In addition the company's contribution to the economy, employment, innovation, consistency and industry competitiveness will also be taken into account.

To qualify, the nominator must:

• Be a current financial member of AVCAL;
• Be authorised to provide the required information to AVCAL.

Portfolio Company Award nominations criteria:

• Ensure that the investment must have been made within the ten years to 30 June 2010; and
• Ensure the investment must have been realised (at least 50%) in FY 2010;
• Submit all nominations and information as requested on the nomination form via email;
• Word answers need to be kept concise and to the point;
• Have your submission sent to AVCAL by 5pm on the 30th of July, 2010;
• All nominations will be considered by an expert judging panel;
• The person submitting the nomination form must be authorised to provide the information to the judging panel and to AVCAL.

AVCAL Award for Excellence in Investor Reporting

Nominations for the 2010 Excellence award in Investor reporting are now open.

Email us to request a nomination form and access to the secure submission platform.

This award seeks to recognise excellence in investor reporting by AVCAL member GPs (nominee) by assessing their adherence to the AVCAL guidelines and other core reporting attributes such as clarity and depth of information.  This award aims to ensure a continual raising of industry standards and the benchmarks by which the industry is measured.  It should also set standards to which the fund managers should aspire.

These entries will be judged by a panel of LPs and will use the criteria set out by the AVCAL Reporting Guidelines as the minimum basis for consideration.

Nominations can be made by GPs and LPs (GP must be a member of AVCAL). In either case, the information required by AVCAL judges to review the nominees will be provided only by the GP.

Judging Criteria:

• The award will be judged on the quarterly report of all current funds under management for December 31 2009;
• Further details will be provided in a document accessible to nominees within a secure platform provided by our Conference partner, Intralinks;
• The information in this platform is kept secure and is only accessible by user name and password by those authorised by AVCAL;
• AVCAL adheres to Federal privacy laws with respect to information provided to us.

To qualify, the nominee must:

• Be a current financial member of AVCAL
• Be authorised to provide the requested information to AVCAL

To qualify, the nominator must:

• If an LP is nominating a GP for the AVCAL Award for Excellence in Investor Reporting, the LP must have authorisation from the GP to nominate prior to contacting AVCAL for the nomination platform access

Award for Excellence in Investor Reporting nominations criteria:

• Ensure the nominee submits only the quarterly report of all current funds under management ending December 31 2009;
• Submit all nominations and information as requested on the nomination form via the Intralinks secure platform;
• Submitted to AVCAL by 5pm on the 30th of July, 2010;
• All nominations will be considered by an expert judging panel;
• The person submitting the nomination form must be authorised to provide the information to the judging panel and to AVCAL.

Winners of both award categories will be announced at the AVCAL 2010 conference. Click here for conference dates.

2009 Awards Update

The 2009 Conference Awards program was a highlight, given the challenging year experienced by all, with a number of successful exits being awarded best in their category, as well as the inaugural award for Excellence in Investor Reporting.

A Lifetime Achievement Award was presented to Peter Chapman of Accretion Investment Management. Peter is a 25 year veteran of the Private Equity industry, was the longest serving AVCAL Council member, and spent time throughout his career with Citigroup and Rothschild before founding Accretion.

2009 Award recipients:

Best Expansion Stage

Investec Wentworth for Perkins Shipping Group

Best Management Buyout <$100m

Gresham Private Equity for Australian Pacific Paper Products

Best Management Buyout $100-500m

Anchorage Capital Partners for Golden Circle

Excellence in Investor Reporting

This award was given by a panel of LP judges who deemed that CHAMP Private Equity investor reporting met AVCAL reporting guidelines and exceeded industry standard. It is hoped that this award will become a mainstay of the awards program in the years to come.

Lifetime Achievement

Peter Chapman