Wyllie Group
Perth family office of the Wyllie family (Wyllie Group Pty Ltd), founded by the late Bill Wyllie; invests in property, direct equities and managed funds.
USEFUL FOR Fund managers raising capital · Business owners seeking a long-term partner · Co-investors
Family & background
- FAMILY
- Wyllie
- WEALTH ORIGIN
- Property development (shopping centres) and Hong Kong investments by the late Bill Wyllie
- HEADQUARTERS
- Perth, Australia
- FOUNDED
- 1991
- OUTSIDE CAPITAL
- No — own capital only
Investment approach
- GEOGRAPHY
- AustraliaGlobal
- ROUTES
- Companies (own capital) · Funds (as LP)
- STRATEGIES
- Direct investmentsReal estatePublic equitiesPrivate equity
Overview
Wyllie Group is the family office of the Wyllie family, founded by the late Bill Wyllie in 1991 and now directed by his wife Rhonda and children Melissa Karlson and Luke Wyllie. Its roots go back to a shopping-centre developer incorporated in 1972 and Hong Kong investments sold in 1991. It holds direct property, a concentrated portfolio of small to mid-cap public and private companies, and investments with domestic and international fund managers. Its properties include Hillarys Boardwalk, Murray River Farm, a lease over the Perth Convention and Exhibition Centre and a 50% interest in North Kellyville Square; it is cornerstone investor in the planned Perth Surf Park.
Investment thesis
Invests in meaningful endeavours that create a legacy for the community and three generations of the family; in equities it favours companies whose board and management have significant skin in the game.
Holdings & investments (6)
- 74 Castlereagh Street, SydneyReal Estate & PropTech · since 2022
- Perth Convention and Exhibition Centre (leasehold)Real Estate & PropTech · since 2004
- Hillarys Boardwalk Retail PrecinctReal Estate & PropTech · since 1999
- Murray River FarmFood & Agriculture · since 1993
- Perth Surf ParkReal Estate & PropTech · cornerstone investor
- North Kellyville SquareReal Estate & PropTech · 50% interest
People
Frequently asked questions
Wyllie Group is a single family office based in Perth, Australia, founded in 1991.
Wyllie Group invests on behalf of the Wyllie family (Property development (shopping centres) and Hong Kong investments by the late Bill Wyllie).
Wyllie Group invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes direct investments, real estate, public equities and private equity.
Wyllie Group invests in Real Estate & PropTech and Food & Agriculture.
Key people at Wyllie Group include John Van Der Wielen (Chairman), Melissa Karlson (Managing Director), Rhonda Wyllie (Non-Executive Director) and Luke Wyllie (Non-Executive Director).
Wyllie Group's holdings and investments include Perth Surf Park, Perth Convention and Exhibition Centre (leasehold), Murray River Farm, Hillarys Boardwalk Retail Precinct, 74 Castlereagh Street, Sydney and North Kellyville Square.
No. Wyllie Group invests its own capital and does not raise money from outside investors.