Jun 23, 2026 – 5.00amData published by industry body the Australian Investment Council indicates $161 billion in Australian funds are invested in private assets, an investment category that includes private equity funds, private credit funds and infrastructure assets.Within these categories are subtypes such as private equity funds. Secondaries hold businesses bought from other private equity funds. Continuation vehicles buy assets, often early-ish-stage companies, from private equity funds that are at the end of their lives. Buyout funds acquire controlling interests in companies, and value-add funds buy undervalued companies that can be improved from an operational and value perspective.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles