Only 18 month ago, Quadrant Private Equity had no trouble raising $400 million for its Quadrant Growth Fund, a vehicle to be led by managing partner Justin Ryan.
The firm had outgrown the circa $50 million SME/venture targets that Ryan was being sent away to snap up and beat into shape, leaving chairman Chris Hadley and his chosen ones, Marcus Darville and Jonathon Pearce, free rein at “Big Quadrant”.
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Joe Aston is the founder of Rampart and the best-selling author of The Chairman’s Lounge: The inside story of how Qantas sold us out. From 2012 to 2023, Joe helmed The Australian Financial Review’s Rear Window column. Email Joe at hello@rampart.news
