Updated Jun 24, 2026 – 10.02pm, first published at 8.00pmPotentia Capital’s former star deal maker is alleging that the technology-focused buyout firm is illegally trying to keep millions in profits from funds that he personally invested in, amid the latest ructions to befall the group, which has been battling a string of high-profile departures and other legal actions.Michael McNamara, who was promoted to managing director in 2024, resigned from Potentia in March last year just a month after it agreed to sell mining software business Micromine to Weir Group for $1.35 billion.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Potentia Capital sued by former star deal maker over unpaid profits
Michael McNamara says the buyout firm fabricated a default to wipe out $3.6 million in fund profits. It follows a string of departures and a rift between its co-managing directors.








