[2][3][4] Cave had worked with private equity firms in the 1980s on deals involving well-known Australian brands such as Victa and Sunbeam, and was an executive director of Macquarie Bank.
[5][6] Anchorage's managing partners are Callan O'Brien, who worked as a lawyer for Cave before joining the firm in 2014, and Simon Woodhouse.
[1] The float was described as the “greatest private equity heist of all time" by Forager Fund Management chief investment officer Steve Johnson.
[12] However, Anchorage management told the Senate inquiry they had left Dick Smith Electronics in a good financial position.
[15][16] In 2020, Scott's Refrigerated Logistics, which supplies trucks and warehouses to big supermarket chains in Australia, was bought for about $75 million from AP Eagers.
[1] The portfolio in 2023 consisted of David Jones, GBST, SPL, and New Zealand companies Access Community Health and Evolve Education Group.
[25] Notable former investments include Brand Collective, Burger King, Dick Smith, Golden Circle, RailFirst and Total Eden.