Investment Portfolio

Actively managed listed equity investments, consistent with historical Soul Patts strategy

Differentiators

• A legacy of strong performance from a sensible, disciplined, value-oriented investing approach that prioritises cash generation.

• Targeting businesses that can be long-term compounders of capital.

• Our permanent capital allows for long term investments and counter cyclical views.

• Delivers liquidity, scaling up or down opportunistically to support the best investment opportunities for the broader Group.

Valuation 

• Valuation of the portfolio is mark-to-market.

Governance 

• May hold governance rights and actively engage with portfolio companies to support long-term value creation. 

Investments in fast growing companies with valuation upside

Differentiators

• Patient and unrestricted in our approach. We can invest differently to the market. 

• Flexible capital enables access to greater growth opportunities.

• Investment via equity or equity-like structures (e.g. preference share, convertible notes and pre-IPO).

• Ability to invest internationally alongside partners. 

Valuation 

• Portfolio is predominantly listed, with a mark-to-market valuation approach.

Governance 

• Holds meaningful positions, enabling active engagement with portfolio companies through regular dialogue and strategic input. 

Actively managed portfolio taking a disciplined approach to pricing and managing risk

Differentiators

• Fundamental, bottom-up approach to understanding the borrower.

• Innovative and flexible solutions which translate to attractive risk-adjusted returns.

• Ability to invest up and down the capital stack, with no constraints on the type of deal structure.

• Focus on proprietary deals where our structured solutions are attractive.

Valuation 

• Predominantly held at cost, less expected credit loss, which is independently reviewed and reported directly to our Board.

Governance 

• Well-resourced specialist team focused on downside protection and value preservation through due diligence, structuring of terms, and active portfolio management. 

• Extensive skill mix across investment banking, credit, insolvency and law ensures robust risk management and governance.

Partnering with founders and management or buy-and-build strategies to grow businesses

Differentiators

• Soul Patts invests with a long-term view, using permanent capital to grow businesses to scale and compound returns over time.

• Open mandate enables us to be flexible about ownership and exit horizon.

• We aim to provide growth capital to support business growth and actively shape strategy to unlock value.

• Ability to co-invest alongside like-minded people.

Valuation 

• Annually valued and subject to independent reviews reported directly to our Board.

Governance 

• Resourced with an investment team of 10.

• Represented on subsidiary boards with oversight and influence across strategy, finance and execution.

• Supported by subject matter experts and advisory panel.

High quality platform of real assets aligned with structural and demographic tailwinds

Differentiators

• Ability to source unique, uncorrelated, income-generating assets and long-term development opportunities through deep relationships.

• Long-standing property joint venture with Goodman Group to efficiently manage our Brickworks property assets.

• Flexible capital can invest in partnerships, joint ventures and direct ownership to maximize returns through investment lifecycles.

• Positioned to benefit from demographic and structural shifts such asageing (retirement living), food security (agriculture), artificial intelligence (data centres) and e-commerce (industrial property).

• Provides a hedge against inflation for the broader Group.

Valuation 

• Annually valued and subject to independent review reported directly to our Board.

Governance 

• Combines active oversight through joint ventures with active stewardship of retirement living, agricultural and data centres.