Myer Family Investments

Myer Family Investments (MFI) is a private investment company and single-family office established in 1925 by Sidney Myer, the founder of the Myer Stores department store chain. The firm manages the wealth of the Sidney and Merlyn Myer family and related entities, operating with a long-term investment perspective. MFI's corporate structure and stable shareholder base enable it to pursue compounding returns by backing strong companies, management teams, and investment professionals. The firm's portfolio is globally diversified across various asset classes, allowing it to engage in sophisticated investment structures and accept volatility, liquidity, and term risk in pursuit of compelling returns.

The firm's origins trace back to Sidney Myer, a Jewish migrant from Belarus who built the Myer Stores empire and established a significant philanthropic legacy. Upon his death in 1934, ten percent of his wealth was allocated to The Sidney Myer Fund, with the remainder invested in MFI, which at the time owned Myer Stores. Over the past 90 years, proceeds from the sale of Myer Stores have facilitated MFI's transformation into a diversified investment house, now serving as the Myer family's primary business. MFI provides long-term, patient, and supportive capital, with its investments designed to secure the family's financial future and support its philanthropic endeavors.

Myer Family Investments engages in both direct investments and partnerships with high-quality, like-minded investors. Their portfolio includes investments in listed and unlisted equities, listed and unlisted credit, property (with a focus on active strategies), private equity, and venture capital funds, including real estate and distressed assets, as well as hedge funds and other low-correlation strategies. While the firm has occasionally made direct early-stage investments, this is not its primary focus, with reported investments in later-stage rounds such as Series C and post-IPO. Notable investments include companies in the FinTech and Automotive sectors, such as Judo Bank and Veem.

The investment team at Myer Family Investments comprises experienced professionals responsible for investment strategy, asset allocation, external fund manager relationships, and direct investment decisions. Key members of the investment team include Michael Kelly (Chief Investment Officer), Michael Hoffmann, Russell Bullen, Hugh Maxwell-Davis, David Cibura, and Jason Aront. The team's expertise spans global equities, private markets, property, and venture capital opportunities, contributing to the firm's multi-asset class portfolio approach.