Pacific Equity Partners

Pacific Equity Partners
Company typeProprietary limited company
IndustryPrivate Equity
Founded1998 (1998)
Founders
  • Rickard Gardell
  • Paul McCullagh
  • Simon Pillar
  • Tim Sims
HeadquartersSydney, Australia
Products
AUMA$14 billion (2025)
Websitewww.pep.com.au

Pacific Equity Partners (PEP) is a private equity investment firm focusing on transactions in Australia and New Zealand. PEP invests across a range of industries and sectors, in turnaround and growth capital transactions. By 2023, The Australian Financial Review reported PEP to be Australia's largest private equity firm.

It is also said to be Australia's oldest private equity company. The firm, based in Sydney, was founded in 1998 by Rickard Gardell, Paul McCullagh, Simon Pillar and Tim Sims. All but McCullagh previously worked together as executives at Bain & Company.

PEP has generated several buyout funds for investors. By 2022, these funds had $8.6 billion under management. By 2025, these funds had $14 billion under management.