PEP Fund VII closes at A$3.2 billion hard cap

Ocorian announced on 5 August 2025 that Pacific Equity Partners Fund VII had completed fundraising at its A$3.2 billion hard cap. The Cayman Islands domiciled vehicle is advised by PEP and represents the manager’s seventh core private equity fund. Ocorian described strong demand from a diversified global investor base and identified the result as PEP’s largest core fundraise. Its services covered establishment, launch and multiple closings, with continuing administrative, depositary and governance support in Jersey and the Cayman Islands. Ocorian Law also provides Cayman legal advice. The announcement describes a relationship exceeding twenty years and quotes PEP chief operating officer Sam Kong. It reported manager AUM of A$16 billion.