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Five V portfolio company Universal Store celebrates successful ASX listing

Congratulations to Alice Barbery and her team at Universal Store on their successful ASX listing this week. It has been a privilege to mark this milestone with Universal Store and our co-investors. We look forward to the next part of Universal’s journey as a listed company.

Universal Store raised $147.8 million at $3.80 a share, $38.4 million in primary issuance and a $109.4 million sell-down by existing shareholders, in the third largest IPO this year after Adore Beauty and Home Co daily Needs REIT.

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