One of the newest entrants in Australia’s private equity scene, Partnership Capital, has had a busy first year, deploying $40 million in equity across its first three deals, with the latest set to be completed this month.
The firm was founded in late 2025 by former Moelis Australia founding partner Steven Katz and Darren Smorgon, of the billionaire Smorgon family , who cut his teeth during 16 years at CPE Capital (née CHAMP Private Equity).
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