In 2012, the US Select Private Opportunities Fund Series was established to provide Australian investors with access to a family office style of investing in US private investment markets.
Walsh & Company has been fortunate to partner with Cordish Private Ventures, LLC (Cordish Private Ventures), the private investment funds arm of The Cordish Companies, a fourth generation US-based family business with a history of successful investing in US private investment markets.
To date three limited partnerships have been established, each of which target investments in small and mid-market private investment funds and privately held companies, predominantly focused in the US.
The Cordish Dixon III Australian Wholesale Fund (Fund) was launched in May 2017, to provide wholesale investors the opportunity to invest in the third of these limited partnerships, US Select Private Opportunities Fund III, L.P. (LP). The LP was established in 2016 and, including the Fund, has five investors. The other investors are the ASX listed US Select Private Opportunities Fund III, Cordish Private Ventures, a private trust controlled by an entity related to Walsh & Company and the LP’s General Partner.
Links to key Fund documents and announcements are below, as well as an overview of the underlying managers in which the LP has committed. For important information click here.