HMC Capital

HMC Capital is an ASX-listed alternative asset manager based in Sydney, Australia, specializing in high-conviction and scalable real asset strategies. The firm invests on behalf of individuals, large institutions, and super funds, managing over $19.5 billion in assets. Its investment approach is underpinned by powerful megatrends, focusing on sectors with structural growth and resilience, including real estate, private equity, energy transition, private credit, and digital infrastructure. HMC Capital aims to be Australia's leading diversified alternative asset manager, leveraging its ability to execute large, complex transactions to drive significant asset under management growth.

The firm was founded in 2016, with its management team having a proven track record, notably from successfully repurposing the former Masters portfolio from Woolworths in 2017. HMC Capital's strategy emphasizes active and value-add management to deliver on its funds management objectives. The firm is publicly listed on the Australian Securities Exchange (ASX: HMC), demonstrating its commitment to transparency and robust governance.

HMC Capital's portfolio spans several key areas. In real estate, it manages entities such as HomeCo Daily Needs REIT, HealthCo Healthcare & Wellness REIT, Last Mile Retail Logistics Fund, and an Unlisted Healthcare & Life Sciences Fund. Its private equity arm, including HMC Capital Partners Fund I, focuses on strategic stakes in listed companies, such as its investment in Sigma Healthcare, which is involved in a transformational merger proposal with Chemist Warehouse. The firm is also actively engaged in the energy transition sector, showcasing investments like the Victorian Big Battery, and has established the DigiCo Infrastructure REIT for digital infrastructure investments.

The HMC Capital team comprises over 300 investment and asset management professionals with deep operational and investment expertise. Key leadership includes David Di Pilla as Managing Director and Group Chief Executive Officer, and Victoria Hardie as Group Chief Operating Officer and Head of Private Equity. The firm's commitment extends to sustainability, accelerating its social impact strategy across themes like Climate Action and Green Future, aiming to create healthy communities through its investments and operations.