Ellerston JAADE Private Asset Fund Update – June 2025

Morrows Private Wealth presents David Leslie of Ellerston Capital

In this presentation, David Leslie, our Co-Portfolio Manager at Ellerston Capital discusses the changes in the Private Equity landscape as interest rates have increased at the most rapid pace in recent history, where the opportunities are now, what makes a good company, and the Fund’s performance.

General Advice Disclaimer

The purpose of this presentation is to provide you general advice and insight. Where this presentation provides general advice, we must explain that this advice has been prepared at this time without taking into account your individual personal needs, objectives, or financial situation, and the personal information we hold about you has not specifically been considered in forming our views.

You should not act on any advice that has not been tailored to you or considered in light of your full individual personal circumstances, as there is a risk that such actions may not be appropriate for you or be in your best interests.

No representation is given, warranty made or responsibility taken about the accuracy, timeliness or completeness of information sourced from third parties

About David Leslie

David joined Ellerston Capital in 2005 and has over 23 years experience in technology and investment markets, as a researcher, analyst and investor. Most recently, David has been the Investment Director for the Ellerston Ventures Fund and Ellerston JAADE Private Asset Fund.

In this role, David leads the investment process, due diligence and negotiations with investees, as well as reporting to investors. David is a non-executive director of Mable and Prospection.