Our story

We understand and support clients in overcoming the major challenges of entering and thriving in the Defence and National Security sector. Our mission is to deploy capital to great capabilities. The problem is urgent, and the solution is straightforward.

The problem is urgent and the solution is straightforward.

Periscope Capital Partners was launched to provide a solution to the well-known Defence Industry impediment that is stifling the growth of innovative small to medium enterprises and consequently, the growth of our sovereign Defence and National Security capability. Our focus is to solve a number of enduring challenges in the Defence and Defence Industry environment, including:

  • Solve the ESG challenge for Australian Defence & National Security Industry companies seeking capital

  • Enable better ADF/AUKUS/NATSEC capability outcomes through a unique approach and skillset

  • Provide a vehicle that derisks Defence & National Security Industry investment and provides a commercial return for investors

  • Open new pathways for Government, Defence and the Australian Intelligence Community to realise wants and needs

  • Build Australian Industry and enable it to realise its role in a national approach to national security

  • Create an investment ecosystem that encourages a variety of players to join in and go on the journey

$1BN of Investment Capital deployed into Australian Defence and National Security over the next 10 years

Periscope Capital Partners is one of few early movers pioneering private capital investment into Australian Defence Industry. Our goal is to deploy $1bn of investment capital into sovereign Australian Defence Industry in the next decade, enabling Australia to build a truly sovereign Defence capability.

We support Defence Industry enterprises and provide  capital to help businesses undertake truly transformational journeys. We believe investment in Australian Defence companies will build our sovereign capability, keeping profits and jobs in Australia. The investment case is simple. A fully realised ADF capability and National Security Industry enables a more prosperous economy for all Australians, and a stronger position on the global stage.

At commencement Periscope has three funds operating:

Specialist Fund


The Specialist Fund will seek opportunities for its investors in key Defence theses such as Defence manufacturing and Defence infrastructure.

The General Fund will provide flexibility to invest through the full life cycle from early stage to mature. Depending on the appetite of our LPs, it may have some or no ESG constraints.

General Fund


ESG-Free Fund


The ESG-Free Fund will have capital to deploy to Defence companies developing capability that has traditionally been difficult to support and what we would call ‘in front of the barrel’ opportunities.

Investing in Australia’s Defence Industry

Periscope Capital Partners has a genuine desire for Australian Defence Industry enterprises to win more work and be capable of delivering larger projects with the Australian Defence Force and Australian Intelligence Community.

Veteran and Private Capital expertise

This will be achieved by deeply experienced Veterans working with their Private Capital colleagues to support Australian Defence Industry. This is the key to building true sovereign capability. Not only are they intrinsically driven by the organisational mission, but they also enable Periscope to offer capability and geopolitical insights to our clients that cannot otherwise be contextualised without direct service experience.

Meet the Team

$1BN into Australian Defence & National Security over the next 10 years

$1BN into Australian Defence & National Security over the next 10 years