Launched in 2016, Lakehouse Capital is the Sydney-based investment manager of two unlisted managed funds: the Lakehouse Small Companies Fund and the Lakehouse Global Growth Fund.
The Lakehouse Small Companies Fund concentrates on investing in small, fast-growing companies across Australia and New Zealand — including access to IPOs, pre-IPOs, and institutional raisings that aren’t readily available to individual investors.
The Lakehouse Global Growth Fund focuses on investing in mid- to large-capitalisation global growth companies in developed markets. Big picture, we’re backing market leaders with long growth runways.
Read on to learn more about our Philosophy, meet our investing team (including a brief video from Chief Investment Officer, Joe Magyer) or catch up on Investor Letters. You can also register your interest in our funds here.
Head of Distribution
Stuart is the Head of Distribution at Lakehouse Capital.
He leads the team responsible for the distribution and servicing of Lakehouse’s investment strategies across channels.
Stuart was employed by Aberdeen Standard for 23 years during which he led Client Service, Sales and Marketing teams and developed business strategy as a Board Director. Prior to his leadership roles Stuart was an equity Investment Specialist for many years.
He holds a Bachelor of Arts in Accounting and Finance (Honours) and is RG146 compliant.
Senior Business Development Manager
Edwina is our Senior Business Development Manager at Lakehouse Capital.
She is part of the team responsible for distribution of the Lakehouse Funds to the intermediary market including private wealth, advisory, family office, research house and platform segments.
She has over 25 years of experience in financial services, most recently founding and running Gateway Financial Marketing, a distribution and consultancy firm and prior to that was an Associate Director at Macquarie Group.
She holds a Bachelor of Business (majoring in Marketing and International Business) from UTS and is CIMA qualified.
Business Development Manager
Mark Fenech is our Business Development Manager at Lakehouse Capital with over 20 years of experience in the finance industry.
He is responsible for servicing intermediaries including the financial adviser network and key distribution relationships including platform providers, media and research houses.
Prior to joining Lakehouse Capital, Mark was a Director and Financial Adviser for his own wealth advisory firm, specialising in providing investment advice for retail and wholesale clients.
Mark holds a Diploma in Financial Markets with the Securities Institute of Australia, a Diploma in Financial Planning with IIT, is SMSF accredited with Kaplan and is RG146 compliant.
Business Development Associate
Connor McGrath is our Business Development Associate at Lakehouse Capital.
He is responsible for providing investor services, business development and marketing support for our distribution team.
Prior to joining Lakehouse, Connor was a client service associate for a financial planning firm providing business and service support to senior advisers.
Connor holds a Bachelor of Commerce (Finance) from the Australian Catholic University and is currently undergoing a Master of Finance at the University of Technology, Sydney.
Dennis Lee is the Operations Manager and Chief Compliance Officer at Lakehouse Capital.
He is responsible for managing the operational aspects of the business including fund administration, investment operations, regulatory compliance and key vendor relationships.
Dennis has over 13 years of experience in the fund administration and investment management sectors having worked with fund managers, administrators and custodians.
Prior to joining Lakehouse, Dennis’s Financial Controller role with Smallco Investment Manager covered oversight of external fund administrator’s work and managing other fund administration and financial reporting.
Dennis holds a Bachelor of Business (Accounting) and Second Major in Finance from the University of Western Sydney.
Daniel Chen is an Operations Analyst at Lakehouse Capital.
Daniel supports the Operations Manager and is responsible for oversight of the outputs of our external fund administrator. He also liaises with key external stakeholders including custody, brokerage firms, registry and the funds’ responsible entity, among many others.
Prior to joining Lakehouse, Daniel worked at Citco Fund Services (Australia) for 5 years across various roles within the business. Daniel’s most recent role at Citco was as an Account Manager responsible for managing client relationships and overseeing a team of fund accountants.
Daniel holds a Bachelor of Commerce (Accounting and Finance) from the University of New South Wales. He is also a member of CPA Australia (CPA).
Lakehouse Capital focuses on competitively advantaged companies that are growing in attractive industries, led by talented and aligned management teams. Such opportunities tend to offer multiple ways for patient, long-term investors to achieve market outperformance. Meanwhile, we seek to limit our downside via a rigorous research process emphasising financial strength and attractive valuations, among other factors.
Few investments offer the compelling long-term outcomes we search for, as a result we hold large allocations to a concentrated portfolio of elite businesses. We view our stakes in businesses as strategic, long-term investments, not trading positions.
We are firm believers in the power of concentration. Both logic and empirical research support the philosophy of concentrating capital in one’s top ideas, and it well suits our long-term, business-focused, low-turnover, tax-considered approach.
Who owns Lakehouse Capital?
Lakehouse Capital Pty Ltd (ACN 614 957 603) is wholly owned by The Motley Fool Australia Pty Ltd (ACN 146 988 052), which launched in 2011. Our parent company, US-based The Motley Fool, was launched in 1993 and has hundreds of thousands of members worldwide.
Each member of the Lakehouse Capital team has an ownership stake in The Motley Fool.
Who is the responsible entity?
The responsible entity for both the Lakehouse Small Companies Fund and the Lakehouse Global Growth Fund is an entity from within One Investment Group, one of Australia’s leading providers of responsible entity services.