In this episode of the "Inside the Rope" podcast, host David Clark interviews Mitch Taylor, co-founder of Longreach Credit Investors and manager of the Longreach Direct Lending Fund. The Longreach Direct Lending Fund writes senior loans to Australian and some New Zealand corporate borrowers, focusing on highly creditworthy borrowers that may have been neglected by traditional banks. Mitch explains how the fund is protecting against higher interest rates and inflation, and discusses the fund's pe...
Apr 17, 2023•38 min
In this episode of Inside The Rope, David Clark is joined again by Roger Lloyd, founder and managing director of Palisade Investment Partners, an independent Australian infrastructure manager. Roger shares insights into the Palisade Infrastructure Trust and discusses how the fund has performed over the past year. He also provides an update on some of the key infrastructure assets in the Palisade portfolio and the company's approach to managing these assets. Roger also discusses the importance of...
Apr 03, 2023•45 min
Tom joined Nanuk in 2009 as a director of the firm, the firm’s chief investment officer and one of the firm’s portfolio managers with approximately 20 years’ investment industry experience in equity funds management, investment banking and private equity. Before his career in finance, Tom won a gold medal in sailing at the Sydney Olympics in 2000 and paved the way for Australian high-performance sailors for years to come. In recognition of these accomplishments, Tom was also awarded a Medal of t...
Mar 20, 2023•49 min
In this episode, David is joined by David Blood to discuss his views on sustainable investing in 2023. David Blood is considered by many to be one of the pioneers of sustainable investment management. Almost 20 years ago In 2004, David created Generation Investment Management alongside Al Gore the former Vice President of the United States, a fund that invests with the mission to seek transformational change to drive to a net zero, prosperous, equitable, healthy and safe society. Prior to to cre...
Mar 06, 2023•32 min
David is joined by Mike Lukin, the Managing Partner of Roc Partners, a mid-market corporate finance specialist providing predominately sub-investment grade debt to private, sponsored and public companies. Roc's strategy focuses on senior debt, uni-tranche and mezzanine finance to support companies with their strategic growth, M&A and expansion initiatives. Mike is the Group Managing Partner of Roc Partners where he is responsible for leading client relationships and investment activities in ...
Feb 06, 2023•52 min
In this episode, Rob Rayner the CEO of RF CorVal joins David to discuss his career to date, valuations in Australian property, and Rob's outlook for property assets during an environment of rising interest rates. RF CorVal is a specialist property fund manager that manages funds on behalf of a broad range of investors. Since inception in 2009, RF CorVal has acquired $2.6 billion of real estate on behalf of large institutions, family offices, offshore groups, wholesale and retail investors and de...
Jan 23, 2023•51 min
In this episode, David is joined by Rob Tucker, the founder and Portfolio Manager of the Chester High Conviction Fund, a strategy that since its inception in October 2013 has produced a return of 13.7% p.a. David and Rob discuss the strategy in depth, as well as Rob’s outlook on current markets. The Chester High Conviction Fund takes a high-conviction approach, choosing investments, where they have confidence in the high quality, predictable cash generation of the company, or they, have strong c...
Jan 09, 2023•44 min
Juan Penelas joins David to discuss e360 Power, a Texas-based asset management firm founded in 2009 designed to generate superior absolute returns through fundamental discretionary trading strategies in the North American electricity, global natural gas and related energy futures & options markets. Since its inception in November 2009 to October 2022, the strategy has returned 36.2% per annum (AUD), Juan is a member of the Investment Committee and a Portfolio Manager with trading responsibil...
Dec 19, 2022•37 min
Andrew joins David to discuss the Longreach Energy Income Fund, a fund that targets a total return of 20% p.a. (net of fees) inclusive of an income return target of 8% p.a. by investing in US energy through real assets, such as producing land and mineral interests. As economies transition towards a future global energy mix increasingly powered by renewable energy, Longreach argue that natural gas offers the most sustainable bridge to greener technologies. Throughout the episode, Andrew covers th...
Dec 05, 2022•41 min
Cameron joins David to discuss his career to date, including his studies in engineering at MIT, as well as the origins of Pacific Equity Partners (PEP), and the current operating environment for investors in private assets. Cameron explains why he believes private equity has been able to consistently outperform listed equities over the past 20 to 30 years, including the importance of incentive structures to drive business performance. With approximately A$8.7 billion in assets under management, ...
Nov 21, 2022•42 min
Suzanne joins David to discuss the benefits of using Private Equity in investor portfolios, including the asset class's performance when compared to their traditional listed equity counterparts. Suzanne is a managing director in Alternatives Capital Markets & Strategy (ACMS) within Goldman Sachs Asset Management, serving as global head of Private Equity Strategies. She also serves as global head of Launch With GS, Goldman Sachs’ $1 billion investment strategy grounded in the firm's data-driv...
Nov 07, 2022•38 min
The Katch Litigation Finance Fund offers exposure to litigation funding with a focus on individual claims and investment scheme in the United Kingdom, an emerging financing solution which enables parties to pursue their legal claims without having to disburse the expenses of the lawsuit. Focusing on the latest stages of litigation funding, Katch identifies fairly safe cases with double-digit returns. Laurent has 20 years of investment experience in alternative asset management. Laurent’s previou...
Oct 24, 2022•38 min
Alisa Wood of KKR joins David to discuss the attractiveness of private assets in the current environment. Founded in 1975, KKR & Co. Inc. is a global investment company that offers alternative asset management as well as capital markets and insurance solutions. It manages investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. Alisa Amarosa Wood (New York) joined KKR in 2003 and is a Partner of the firm. She leads the Global ...
Oct 10, 2022•37 min
Justin again joins the podcast to provide an insight into the current strategy and outlook for the Ibex Israel fund considering the recent economic environment. Justin is the Founder and Chief Executive Officer of Ibex Investors, an investment firm that focuses on niche and differentiated strategies, primarily through Israeli start-ups and growth companies. Prior to Ibex, Justin worked at Bear, Stearns & Co. Inc, while also serving on the Board of Directors of various non-profits. During the...
Sep 26, 2022•21 min
Izzy Jensen is the founder and portfolio manager at Kakariki Capital, a specialist environmental and carbon commodities asset manager. After completing a Bachelor of Commerce at the Victoria University of Wellington, Izzy returned to Sydney to begin at the leading infrastructure manager, Morrison & Co, where she worked for seven years and was responsible for research and origination in carbon and environmental markets. Throughout the episode, Izzy and David discuss the founding of Kakariki C...
Sep 12, 2022•39 min
Adrian again joins the podcast to discuss the current economic environment and in particular, how it is impacting private debt and Merricks’ Partners Fund. Adrian is the CEO and CIO of Merricks Capital, responsible for the overall running of the business, acting as a group director and Chairman of the Investment Committee. Merricks has an impressive track record and has solidified itself as a leader in the private debt space in Australia. During the episode, Adrian discusses the current impact o...
Aug 29, 2022•34 min
Grant McCarthy spent the early years of his career at Yahoo observing and working across several of Yahoo's investments in some of Australia's early SAAS (Software As A Service) success stories such as Seek and CarSales. Today Grant runs Tidal Ventures, a seed-first venture capital investor primarily focused on SAAS businesses that he founded back in 2016. Performance for the initial funds has been impressive, with Fund 1 producing a money-on-money return of 3.6x since inception. Grant joins Dav...
Aug 15, 2022•37 min
In what has been a challenging quarter for growth companies, fellow Koda Partner Frank Macindoe joins David in another episode of Inside the Rope to provide an update on the recent performance of the Koda Enduring Equities Portfolio (KEEP), along with his outlook on markets, broad market concerns such as inflation, the risk-free rate, and company valuations. Frank highlights the rise of 10-year government bond rates and the implications this move has had on equity markets. He also touches on sev...
Aug 01, 2022•27 min
Damon Petrie a consultant investment director at ADM Capital and joins David to discuss the Cibus fund that is focused on investing in food businesses whose profitability can be enhanced through the development and implementation of disruptive strategies that create and capture value in the food supply chain. Damon is a Consultant Investment Director at ADM Capital responsible for implementing the Australian and New Zealand agricultural strategy. Damon is a Member of the Institute of Chartered A...
Jul 18, 2022•42 min
In this episode of Inside The Rope, David is joined by Ian Beatty the Managing Partner of SecondQuarter a fund that primarily invests in growing but commercially viable Australian and New Zealand technology businesses. Ian and David discuss the difficulty of investing in venture capital businesses in the current environment, alongside the opportunities that it presents for investors. Growing up in Melbourne and spending his weekends on the family's sheep farm, Ian has always had a keen interest ...
Jul 04, 2022•42 min
Mark joins David to discuss his career and as well as the origins of L1 Capital that he founded in 2007 alongside Raphael (Rafi) Lamm. Since starting L1's flagship long short fund, Mark and the L1 team have generated strong outperformance over the index, with the fund returning 26.7% over the past 12 months to May 2022 alone, against the ASX/S&P 200's 4.8%. Over a longer 7 year period to May 2022, L1's Long Short Fund has returned 23.5% p.a. against the ASX/S&P 200's 7.6% p.a. Mark is a ...
Jun 20, 2022•39 min
In a rising rate environment, Chris Joye joins David to discuss where investors should look for returns going forward. Throughout the episode, Chris covers a range of different asset classes, such as Private Debt, Bonds, Property, Equities and Cryptocurrencies. Chris also touches on how far he expects the RBA to raise rates, and the broader consequences on asset prices such as his expectations of a 15-25% reduction in residential real estate prices as rates continue to rise. Finally, David and C...
Jun 07, 2022•43 min
John joins David again to discuss the current market uncertainty and how Bronte Capital is choosing to invest. John touches on several key topics that are currently being discussed by investors. such as Russia's invasion of Ukraine, the impact China's Covid-Zero policy is having on supply chains, as well as green technology and the capital expenditure necessary to allow countries to go entirely carbon zero. Finally, John touches on where Bronte is currently looking for opportunities today, inclu...
May 30, 2022•47 min
Thomas Weber (German/Swiss) is a co-founder and a Managing Partner at LGT Capital Partners Ltd. He chairs the firm’s Alternative Investment Committee and the Liquid Alternatives Manager Selection Committee. LGT Capital Partners is a global alternative investment firm with a successful track record since 1998 in providing innovative solutions for investors across several strategies including private markets, liquid alternatives and other multi-assets. After working in Switzerland as a management ...
May 16, 2022•30 min
In this special live episode of Inside The Rope, David is joined by Alexandra Clarke (Portfolio Manager at Ellerston Capital), Rhett Kessler (Fund Manager and Principal for Pengana's Australian Equities Fund) and Phil King (CIO of Regal Funds Management) to discuss the behaviours and traits of successful investors. Touching on some of the more defining moments of their respective careers, the three panellists cover some of the most challenging markets they have faced to date, as well as where th...
May 02, 2022•50 min
Matthew joins David to discuss his fund The Level 18 Fund, as well as his career to date. Matthew began his career as a finance journalist for the Sydney Morning Herald in 1994 before working under Geoff Wilson at Wilson Asset Management for 13 years, and then ultimately establishing his own funds management business, Centennial Asset Management. Matthew's fund, The Level 18 Fund which was established in 2015, has generated returns of 17.30% per annum to March 2022. Matthew is the Principal and ...
Apr 18, 2022•34 min
Garry joins David in this episode to discuss his past experience as well as the AAM Diversified Agriculture Fund (ADAF), a strategy that targets a total return of 12% per annum, comprised of 6% income and 6% growth. Garry and David also discuss Garry's past experiences that lead him to start investing in agriculture assets, such as his family farm outside Sydney and his experience in judging animals in the United States. Garry also highlights the need for diversification & scale across agric...
Apr 04, 2022•51 min
Alex joins David to discuss the Realside Capital Flagship Fund, a fund primarily focused on private debt that has delivered returns to investors of 13.45% over 12 months to December 2021. Investing across Real Estate, Hotels & Restaurants, Industrials, Financials and Natural Resources; Alex and David discuss the return profiles that investors can expect from such assets going forward, as well as the returns Realside has provided to date. Alex Hone has more than 20 years of investment experie...
Mar 21, 2022•29 min
Ben joins David to discuss Kilara Capital a fund manager that he co-found in 2017 that focuses on investment opportunities that work toward sustainable infrastructure and a zero-carbon future. Comprising 3 distinct business lines including private equity, energy and infrastructure solutions Kilara invest in deeply sustainable businesses across four key themes including future foods, circular economy, energy transformation and environmental markets. They are project developers and asset managers ...
Mar 07, 2022•39 min
Chris joins David to discuss his fund, the 1851 Capital Emerging Companies Fund. Since inception in Feb 2020 till Dec 2021, the fund had produced a compound growth rate of 33% p.a. Chris explains why he believes that the small-cap sector is the most inefficient part of the market, where fund managers can deliver the largest amount of outperformance to clients. He attributes much of this to the lack of broker coverage when compared to larger-cap counterparts. Chris and David also discuss the meth...
Feb 21, 2022•35 min
