Escor Group
Melbourne family office of the Jack and Robert Smorgon families, established 1995; invests mainly through external managers across equities, hedge funds, property securities and private equity.
USEFUL FOR Fund managers raising capital
Family & background
- FAMILY
- Smorgon
- WEALTH ORIGIN
- Smorgon family industrial businesses (meat, paper, glass, plastics, steel) dating back to 1927
- HEADQUARTERS
- Melbourne, Australia
- FOUNDED
- 1995
- OUTSIDE CAPITAL
- No — own capital only
Investment approach
- SECTORS
- Real Estate & PropTech
- ROUTES
- Funds (as LP)
- STRATEGIES
- Funds (as LP)Public equitiesHedge fundsPrivate equityReal estate
Overview
Escor is a privately owned Australian company established in 1995 that operates as the family office of the Jack and Robert Smorgon families, from Prahran, Melbourne. It traces its origins through Smorgon family businesses back to 1927; Escor was set up by Eric Smorgon and his family after the family branches divested the group's non-steel businesses in 1994. A central administrative core supports family members and controls the group's investments, property projects and philanthropy (J & R Families Foundation). It invests mainly through external fund managers across Australian and international equities, hedge funds, property securities and private equity.
Investment thesis
Invests primarily through external fund managers, diversifying across managers, styles, approaches and regions, and seeks to exploit market mispricing caused by structural and economic change through disciplined analysis.
People
- Jack Smorgon AODirector · source
- Robert SmorgonDirector · source
Classification
Single Family Office. Manages one family's own capital, with no outside investors. The family bears every loss. How family capital is classified →
FAQ
Escor Group is a single family office based in Melbourne, Australia, founded in 1995.
Escor Group invests on behalf of the Smorgon family (Smorgon family industrial businesses (meat, paper, glass, plastics, steel) dating back to 1927).
Escor Group invests in third-party funds as an LP. Its stated asset mix includes funds (as lp), public equities, hedge funds, private equity and real estate.
Escor Group invests in Real Estate & PropTech.
Key people at Escor Group include Jack Smorgon AO (Director) and Robert Smorgon (Director).
No. Escor Group invests its own capital and does not raise money from outside investors.