Invest alongside
leading people
in leading businesses.
A disciplined approach to growth in small and medium businesses in Australia and New Zealand. Fortitude implements a proven approach to alignment and hands-on value creation.
Why invest with Fortitude.
Fortitude offers wholesale investors access to lower mid-market private companies in Australia and New Zealand. We invest our own capital alongside yours, and we work inside the businesses we back.
Alignment
Invest alongside the Fortitude team and their industry leading management teams, with alignment on the outcomes of value creation.
Discipline
Systematic implementation of a proven approach to governance and long-term value creation.
Access
Proprietary, founder-led opportunities in the Australian and New Zealand lower mid-market.
Why the lower mid-market.
It is the largest part of the Australian and New Zealand economy and the least served by private equity. Scale attracts capital, and the lower mid-market has been overlooked because of it.
More than 50,000 companies
A deep universe of businesses in the size range where we invest, across Australia and New Zealand.
Over 99% privately held
Almost none of it is listed, so access depends on relationships and origination rather than process.
Underserviced by private equity
Materially less private equity capital per business than the mid and large end of the market, where competition for assets is concentrated.
Track record.
Investment criteria.
Australia & NZ
Businesses headquartered in Australia or New Zealand.
$10m–$200m
Enterprise value in the lower mid-market range.
$10m–$60m
Capital sought, alongside genuine partnership.
Strong growth
A clear growth path and a durable competitive advantage.
Wholesale investors only
The fund information below, and the investor portal, are provided to wholesale clients and to sophisticated or professional investors, as those terms are defined in sections 761G and 761GA of the Corporations Act 2001 (Cth).
Nothing on this page is an offer or a recommendation, and it does not take account of your objectives, financial situation or needs. Any offer is made only through formal offer documents provided to eligible investors.
The rest of this website is general information about Fortitude and is open to anyone.
Investor portal.
Fund information, investor updates and secure reporting are provided to existing investors through the portal.
Existing investors
Log in for fund information, quarterly reports, commentary and documents.
Investor portal loginHow to invest.
Two products are available to wholesale investors. Any offer is made only through formal offer documents provided to eligible investors.
Small Cap Master Fund
The primary commingled vehicle, investing across the portfolio in line with our stated criteria.
Small Cap Feeder Fund
A feeder structure providing access for investors seeking exposure at the smaller end of the range.
Thinking about investing with Fortitude?
We are always interested in building relationships with people who may be future partners for us as investors in Fortitude.