Marshall Investments
Sydney private investment company set up in 1995 by John Marshall as a family office; principal investor that co-invests with wholesale investors in property lending and growth credit.
USEFUL FOR Fund managers raising capital · Business owners seeking a long-term partner · Co-investors
Family & background
- HEADQUARTERS
- Sydney, Australia
- FOUNDED
- 1995
- OUTSIDE CAPITAL
- Yes — also manages others' money
Investment approach
- SECTORS
- Real Estate & PropTech
- GEOGRAPHY
- AustraliaNew Zealand
- STAGES
- Growth
- ROUTES
- Companies (own capital) · Funds (as LP)
- STRATEGIES
- Direct investmentsReal estatePrivate creditPrivate equityVenture capitalPublic equities
- INBOUND
- Accepts submissions
Overview
Marshall Investments was established by John Marshall in 1995 as a family office and private investment company, and holds an Australian Financial Services Licence since 2004. It invests its own capital across property, listed equities (directly and through external managers), private equity, venture capital and operating businesses, including the fashion group APG & Co (Sportscraft, Saba, JAG). Through Property Capital Partners it provides mezzanine, preferred equity and first-mortgage funding (A$2m to A$25m loans), and its growth capital arm lends A$2m to A$20m to equity-backed companies in Australia and New Zealand. Third-party wholesale investors co-invest alongside it, including through the Growth Credit Fund (~A$70m, 2021) and Growth Capital Partners Fund 2 (~A$70m, 2022).
Investment thesis
Principal investing with a co-investment model in which the company holds significant stakes in every opportunity, aligning co-investors and capital partners; targets risk-weighted returns above a 15% IRR for wholesale investors.
Holdings & investments (8)
- 6 Gladstone Street, Moonee PondsReal Estate & PropTech · since 2023
- Sondersince 2020
- Fluent CommerceSoftware & SaaS · since 2019
- hipagessince 2018 · Exited
- 53 Martin Place, SydneyReal Estate & PropTech · since 2003
- APG & CoConsumer & E-commerce
- 241 Commonwealth Street, Surry HillsReal Estate & PropTech
- 1-5 Chalmers Crescent, MascotReal Estate & PropTech
People
- Liam DemaineInvestment Manager (Property Capital Partners) · source
- Anthony ProudInvestment Manager (Growth Capital) · source
- Bevan KunduInvestment Associate · source
- John MarshallFounder & Chairman · source
- Karen PenroseDeputy Chair · source
- David MarshallManaging Director · source
- Andrew MartinExecutive Director · source
- Andrew CondonGeneral Manager Finance · source
- Tim CampbellGeneral Manager Property · source
Frequently asked questions
Marshall Investments is a family-anchored fund based in Sydney, Australia, founded in 1995.
Marshall Investments invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes direct investments, real estate, private credit, private equity, venture capital and public equities.
Marshall Investments invests at Growth stage in Real Estate & PropTech.
Key people at Marshall Investments include John Marshall (Founder & Chairman), Karen Penrose (Deputy Chair), David Marshall (Managing Director) and Andrew Martin (Executive Director).
Marshall Investments's holdings and investments include APG & Co, Fluent Commerce, hipages, Sonder, 53 Martin Place, Sydney, 241 Commonwealth Street, Surry Hills, 6 Gladstone Street, Moonee Ponds and 1-5 Chalmers Crescent, Mascot.
The most recent publicly reported investment by Marshall Investments is 6 Gladstone Street, Moonee Ponds (office building) (Property acquisition), announced in Mar 2023.
Marshall Investments states that it accepts submissions through its official contact page.
Yes. Marshall Investments manages capital from outside investors.