Ben Gray (Australian businessman)

Last updated

Ben Gray is an Australian businessman who is a founding partner of the private equity firm BGH Capital.

Contents

Career

In 2015 Ben publicly announced that he was preparing to set up his own private equity firm. [1] In 2017, he resigned from TPG Inc. and set up BGH capital with business partners Robin Bishop and Simon Harle.

He has publicly claimed that his investment approach is not a 'slash and burn' approach to investing. [2]

In 2020, it was publicly reported by the AFR that a threat from James Packer had caused him to fear for his well-being following an attempt to take over the Crown casino business. [3]

Personal life

Ben is married to the Australian politician Luba Grigorovitch [4] They own a $30m mansion named 'Westbank', a two-acre early 20th century limestone house built located in the coastal town of Sorrento, Victoria. [5] [6] His father is former Tasmanian premier Robin Gray [7]

Related Research Articles

James Douglas Packer is an Australian billionaire businessman and investor. Packer is the son of Kerry Packer, a media mogul, and his wife, Roslyn Packer. He is the grandson of Sir Frank Packer. He inherited control of the family company, Consolidated Press Holdings Limited, as well as investments in Crown Resorts and other companies. He is the former executive chairman of Publishing and Broadcasting Limited (PBL) and Consolidated Media Holdings, which predominantly owned media interests across a range of platforms, and a former executive chairman of Crown Resorts.

Robin Trevor Gray is a former Australian politician who was Premier of Tasmania from 1982 to 1989. A Liberal, he was elected Liberal state leader in 1981 and in 1982 defeated the Labor government of Harry Holgate on a policy of "state development," particularly the building of the Franklin Dam, a hydroelectric dam on the Franklin River. He was only the second non-Labor premier to hold the post in 48 years, and the first in 51 years to govern in majority.

Kerry Matthew Stokes is an Australian businessman. He holds business interests in industries including electronic and print media, property, mining and construction equipment. He is most widely known as the chairman of the Seven Network, one of the largest broadcasting corporations in Australia.

Village Roadshow Limited is an Australian company which operates cinemas and theme parks, and produces and distributes films. Before being acquired by private equity company BGH Capital, the company was listed on the Australian Securities Exchange and majority owned by Village Roadshow Corporation, with members of founder Roc Kirby's family in the top roles.

<span class="mw-page-title-main">TPG Inc.</span> American investment company

TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American private equity firm based in Fort Worth, Texas. The firm is focused on leveraged buyouts and growth capital. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm invests in a range of industries including consumer/retail, media and telecommunications, industrials, technology, travel, leisure, and health care.

<i>Australian Financial Review</i> Australian financial newspaper

The Australian Financial Review (AFR) is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New South Wales, Australia; owned by Nine Entertainment and has been published continuously since its founding in 1951. The AFR, along with the rest of Fairfax Media, was sold to Nine Entertainment for more than A$2.3 billion. The AFR is published in tabloid format six times a week, whilst providing 24/7 online coverage through its website. In November 2019, the AFR reached 2.647 million Australians through both print and digital mediums (Mumbrella).

<span class="mw-page-title-main">Lachlan Murdoch</span> British-Australian businessman (born 1971)

Lachlan Keith Murdoch is a British-American businessman and mass media heir. He is the executive chairman of Nova Entertainment, chairman of News Corp, executive chairman and CEO of Fox Corporation, and the founder of Australian investment company Illyria Pty Ltd.

Alan Robert Kohler is an Australian financial journalist, television personality and former newspaper editor. Kohler currently writes for his own online financial publication, The Constant Investor.

<span class="mw-page-title-main">SPC Australia</span>

SPC Global Limited, formerly SPC Ardmona, is an Australian-based global agribusiness that specialises in food manufacturing, in particular large fruit processing and packing and owns and operates a factory in Shepparton and is one of the biggest employers in the Goulburn Valley region.

<span class="mw-page-title-main">Smart (advertising agency)</span>

SMART is an independent Australian advertising agency with offices in Sydney, Melbourne and Brisbane. SMART was launched in 2000 as a boutique creative agency. Over the next decade the business grew to become Australia's largest independent agency and was described by AdNews Magazine as "one of the best known independent advertising agency success stories in the country". SMART's founders created the most awarded campaign in the history of the Cannes Lions International Festival of Creativity, Dumb Ways to Die.

Greg Coffey is an Australian hedge fund manager based in London. Nicknamed "The Wizard of Oz" during his time at GLG Partners and Moore Capital Management, in 2012 he declared retirement at the age of 41 and returned to Sydney. In early 2018, Coffey's plans to launch a new fund were announced.

TPG Telecom Limited, formerly Vodafone Hutchison Australia and renamed following the merger with TPG, is an Australian telecommunications company. It is the second-largest telecommunications company listed on the Australian Securities Exchange. TPG Telecom is the third-largest wireless carrier in Australia, with 5.8 million subscribers as of 2020.

Business Spectator is an Australian business news website led by Alan Kohler as chairman and editor in chief. It is published by Australian Independent Business Media which is owned by News Corp Australia.

David Siang Hai Teoh is an Australian businessman. Until March 26, 2021 he was the executive chairman of TPG, a company he founded with his Taiwanese wife Vicky in 1992 after emigrating from Malaysia in 1986. He is also the founder and executive chairman of Tuas Limited, who owns SIMBA Telecom, a telecommunications company in Singapore.

<span class="mw-page-title-main">Chemist Warehouse</span> Australian multinational pharmacy retail company

Chemist Warehouse Group is an Australian company operating a chain of retail pharmacies both locally and internationally. The company is Australia's largest pharmacy franchise retailer with over 350 stores, and employs over 8,000 staff. The company brands itself as offering discounted prices for pharmaceutical goods. The company also manages a website and a "click and collect" 24 hour dispense either pick-up and delivery service for medications.

Quadrant Private Equity is an Australian private equity investment firm based in Sydney, Australia. The company was founded as Quadrant Capital in 1996 by Chris Hadley.

John Setka is an Australian trade unionist.

<span class="mw-page-title-main">BGH Capital</span>

BGH Capital (BGH) is an Australian private equity company established in 2017 by Robin Bishop, Ben Gray, and Simon Harle. BGH is headquartered in Melbourne and is owned and managed by its founding partners.

Vodafone Australia is an Australian telecommunications brand providing mobile and fixed broadband services. Vodafone’s mobile network covers more than 23 million Australians, and Vodafone has commenced the rollout of its 5G mobile network. Vodafone NBN fixed broadband services are available in capital cities and selected regional centres. Vodafone is the third-largest wireless carrier in Australia, with 5.8 million subscribers as of 2020.

Luba Norma Grigorovitch is an Australian politician. She represents the Labor Party and former trade union official.

References

  1. "TPG boss Ben Gray plans to set up his own private equity fund". Australian Financial Review. 18 August 2015. Retrieved 22 February 2023.
  2. "No longer a 'barbarian', says PE king Ben Gray". Australian Financial Review. 7 July 2019. Retrieved 22 February 2023.
  3. "Introducing Crown Resorts' mysterious suitor Mr X". Australian Financial Review. 7 October 2020. Retrieved 22 February 2023.
  4. Byrne, Fiona (21 January 2023). "Politicians and business leaders at power couple Ben Gray and Luba Grigorovitch's Mornington Peninsula wedding". Herald Sun Australia . Retrieved 16 May 2023.
  5. Redman, Elizabeth (19 January 2022). "Sorrento mansion sets clifftop record in $30m secret sale". The Sydney Morning Herald. Retrieved 22 February 2023.
  6. "Property details". Real Estate View. Retrieved 22 February 2023.
  7. Pyne, Ingrid (13 April 2018). "Masters of their own universe: crack team set to shake up private equity". The Sydney Morning Herald. Nine Entertainment Co. Retrieved 4 March 2022.