About Ascalon Capital Managers Limited

Ascalon Capital Managers Limited (Ascalon) is co-owned by St.George Bank Limited (St.George) and Kaplan Equity Limited (KEL). Both hold 50% of the shares in Ascalon. Ascalon’s vision is to commercialise and build, independent, fast-growing boutique fund managers identified as leaders in the next generation of funds management.

Ascalon acquires equity stakes in boutique fund managers with specialist investment expertise, that are seen to have the potential to become significant participants in the Australian funds management industry. Ascalon aims to create a portfolio of diverse fund managers with distinctive investment management styles.

Where appropriate, Ascalon also offers a number of support services to its investee boutique fund managers, ranging from marketing and business development to back office administration support.

»» Read more about our investment managers.

Our Mission

Our mission is to enable our shareholders and stakeholders to achieve their investment objectives through our investments in boutique fund managers who we identify as the next generation of market leaders.

Investment Strategy

Ascalon's investment strategy is to:

• Invest in boutique funds management organisations with distinctive investment styles
• Support the boutique with strategic capital and seed funding,
• Choose only the best boutique funds management organisations, and
• Deliver uncompromising levels of service to our clients and stakeholders.

Investment Approach

The size of Ascalon’s equity stake varies for each investment, depending on the maturity of the boutique fund manager and its capital requirements.
Ascalon appoints experienced directors to each boutique fund manager board, thereby taking an active role in the monitoring and ongoing strategic development of the business.

Due Diligence

The due diligence process involves three distinct components, namely, evaluation of investment management style, business planning (which ultimately determines the value of the business) and psychological assessment (evaluates the ability of the principals to grow a business).
Ascalon's evaluation process encompasses an analysis of:

In addition to its own in-house due diligence, Ascalon may engage independent parties such as external legal firms.
For more information, email us or contact us on 1300 303 933 9am – 5pm, Monday to Friday.
Street Address: Level 18, 15 Castlereagh Street, Sydney NSW 2000

• About Ascalon

• Our Team