Business Investments

Investment Types and how they relate to Business Stage

Our preferred stages to invest in:

Series A and B are our preferred investment stages, as these represent the best value for investors and the business owners have already demonstrated sufficient commercial capability to lower the risk profile.

On a case-by-case basis we will look at Seed Funding and Series C/D Funding.  Pre-Exit Funding opportunities are relatively rare, but we will also assess on a case-by-case basis.

Sectors we look at investment in:

There are over 150 sectors that we can invest in, but our preferred sectors are the following ones:

  • Aerospace/Defence
  • Biotechnology
  • Broadcasting
  • Brokerage & Investment Banking
  • Business & Consumer Services
  • Educational Services
  • Entertainment
  • Environmental & Waste Services
  • Financial Services
  • Healthcare Information & Technology
  • Homebuilding
  • Hotel/Gaming
  • Insurance (General)
  • Insurance (Life)
  • Internet software and services
  • IT Hardware
  • IT Services
  • IT Software
  • Real Estate (Development)
  • Reinsurance
  • Retail (Internet)
  • Telecommunications (Wireless)
  • Telecommunications Services
  • Transportation

Sectors we look at investment in:

Property Strategies:

  • Joint-Venture and Take-out of large Residential or Residential/Retail/Commercial developments
  • 100+ room high-quality Hotel assets
  • 5,000m2 and above Commercial Property assets
  • Land-Banking, and Mezzanine Funding for Developers with very good track records

Residential Development:

  • Target performance is a 20% IRR minimum
  • Prefer equity participation after sufficient pre-sales are in place to support project viability
  • Typical equity parcels of $15M to $25M
  • All types of developments (Low rise, medium rise, land sub-divisions, house and land)
  • Site locations within 40kms of CBD; the sites can be with or without DA in place
  • Typical minimum size of 1,000 m2 with at least ability to put around 20 units on site
  • Will consider broad acre sites of 4,000+ lots (including infill)
  • Strong preference for “Blue Ribbon” suburbs and sites

Commercial Property Asset Acquisition:

  • High credit quality tenants
  • Total building yields between of 6% – 8% for CBD assets
  • Acquisition value of $25M to 125M
  • Focus is Sydney, Melbourne, Brisbane, Perth and Canberra for the right assets
  • WALE (Weighted-Average Lease Expiry) of 5+ years
  • Will consider non-CBD commercial assets such as StKilda Road, Paramatta
  • Will consider regional assets, but yields need to be 8+% and WALE needs to be 6+ years

Hospitality Asset Acquisition:

  • Prefer CBD and City Fringe
  • Looking for 100+ rooms
  • Occupancy rates at least 75%, prefer 80%+
  • Can include the option to Own/Operate, or just Passively Own
  • Acquisition price can be anywhere from $50M to over $250M