Marinya Capital
Sydney single family office of John B. Fairfax, Nick Fairfax and their families (est. 2012); global concentrated long equity investor in 10-15 public and private positions.
USEFUL FOR Fund managers raising capital · Co-investors
Family & background
- FAMILY
- Fairfax
- WEALTH ORIGIN
- Media (Fairfax family; John Fairfax and Sons / Fairfax Media, Rural Press)
- HEADQUARTERS
- Sydney, Australia
- OFFICES
- London · Dallas
- FOUNDED
- 2012
Investment approach
- GEOGRAPHY
- Global
- ROUTES
- Companies (own capital) · Funds (as LP)
- STRATEGIES
- Direct investmentsPublic equitiesFunds (as LP)
Overview
Marinya Capital is the family office of John B. Fairfax, Nick Fairfax and their families, set up in 2012 when they left Cambooya, the office shared with John's siblings. It is headquartered in Sydney with operations in London and Dallas. It runs a global, beta-constrained, concentrated long equity strategy of 10 to 15 public and private positions, a small portfolio of external managers and a cash balance used for hedging. Its predecessor vehicle Marinya Holdings was the largest shareholder of Fairfax Media until late 2010 and sold its Landis+Gyr stake in 2011.
Investment thesis
A beta-constrained, global concentrated long equity investor: 10 to 15 public and private long equity positions make up most assets, with equity beta managed actively within 0.2 to 0.7 and active currency and macro hedging.
Holdings & investments (20)
- Amazon
- Canva
- Cover Genius
- Delivery Hero
- FinClear
- Fiverr
- Genesee & Wyoming
- Grubhub
- Guzman y Gomez
- Immutable
- Kansai Electric Power
- Kredivo Group
- Lark
- Sea to Summit
- ServiceChannel
- United States Rail Logistics
- Watco
- Whisper Aero
- Zillow
- Landis+GyrExited
People
- John B. Fairfax AODirector & Investment Committee Chair · source
- Nick FairfaxManaging Director & Co-CIO · source
- Patrick JoyceCEO & Co-CIO · source
- Brian McCarthyBoard member; Investment Committee observer · source
- David Gonski ACInvestment Committee member · source
- John CoombeInvestment Committee member · source
- Glenn Stevens ACInvestment Committee member · source
- Rob JacksonCOO & CFO · source
- Shaun ClyneBoard Chairman · source
- Libby FairfaxBoard member · source
- Ross DohertyBoard member · source
Frequently asked questions
Marinya Capital is a single family office based in Sydney, Australia, founded in 2012.
Marinya Capital invests on behalf of the Fairfax family (Media (Fairfax family; John Fairfax and Sons / Fairfax Media, Rural Press)).
Marinya Capital invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes direct investments, public equities and funds (as lp).
Key people at Marinya Capital include John B. Fairfax AO (Director & Investment Committee Chair), Nick Fairfax (Managing Director & Co-CIO), Patrick Joyce (CEO & Co-CIO) and Rob Jackson (COO & CFO).
Marinya Capital's holdings and investments include Amazon, Canva, Cover Genius, Delivery Hero, FinClear, Fiverr, Genesee & Wyoming and Grubhub, among others.