Our team

Your advice is only as good as the talented team behind it. Our partners, advisers and analysts bring a collective depth of expertise and commitment to excellence.

Koda Capital Achieves Top Ten Ranking In AFR’s 2021 Best Places to Work

20 Apr 2021

Today the Australian Financial Review, in partnership with leading Australian innovation consultancy Inventium, published the best places to work across Australia and New Zealand. The assessment behind the rankings was made up of an employee survey and a written submission, with questions relating to policies, practices and programs that exist within each nominated organisation to...

The New Giving

19 Mar 2021

The face of philanthropy is changing, as wealthy donors draw on values often inculcated in them as children and align themselves with like-minded organisations. For Cathie Reid, family involvement in philanthropic matters goes back to her childhood in Victoria. She didn’t quite know it then, but seeing the time that her family would devote to...

The Principles Of Endowment Style Investing

16 Apr 2021

Since COVID-19 started, Koda has seen a significant increase in larger charities and sophisticated non-profit groups reassessing how they manage their cash and reserves. Investment committees who realise they are operating in a new paradigm are re-evaluating their asset allocations and looking for better diversification. By observing how successful investors such as Yale University and...

Staying Future Focused: A how to guide for wealth after divorce or death of a loved one

31 Mar 2021

Death of a loved one or divorce – both scenarios can bring grief, anguish and the unforgiving sting of ‘what now?’. In facing these events, many clients have acknowledged they felt unprepared and overwhelmed. As such events bring about change, understanding your response to finances and wealth can help you avoid costly mistakes. In the...

Ep 91:

David Witkin – Special-Purpose Acquisition Companies

03 May 2021 | 33:32 mins

Beryl Capital is a strategy run by David Witkin that has typically invested in merger arbitrage opportunities. This strategy has delivered investors net returns over 20% p.a. since inception in June 2011 to March 2021. However, David joins the podcast again to discuss the strategies transition towards also investing in SPACS – Special-Purpose Acquisition Companies....

Beryl Capital is a strategy run by David Witkin that has typically invested in merger arbitrage opportunities. This strategy has delivered investors net returns over 20% p.a. since inception in June 2011 to March 2021.

However, David joins the podcast again to discuss the strategies transition towards also investing in SPACS – Special-Purpose Acquisition Companies. He touches on what a SPAC is, the structure of the deals, the potential risks and the potential upsides.

David is a 2001 graduate of Harvard University magna c*m laude in Economics, whose senior thesis was about merger arbitrage. His merger arbitrage career started in 1998 when he left college for one year to work on the arbitrage desk at Bear Stearns & Co., Inc. Mr. Witkin worked as a merger arbitrage analyst at Bear Stearns, Mason Capital Management, Citigroup Alternative Investments and Hayground Cove Asset Management before managing his own money in 2009 and his first outside capital in 2011.

Ep 90:

Frank Macindoe – Half a year on, Koda’s Enduring Equities Portfolio

20 Apr 2021 | 36:12 mins

Following on from their discussion late last year (2020), fellow Koda Partner Frank Macindoe joins David in another episode of Inside the Rope to provide an update on the recent performance of the Koda Enduring Equities Portfolio (KEEP), along with his outlook on markets, specific sectors and the ongoing discussion regarding value vs growth. Frank...

Following on from their discussion late last year (2020), fellow Koda Partner Frank Macindoe joins David in another episode of Inside the Rope to provide an update on the recent performance of the Koda Enduring Equities Portfolio (KEEP), along with his outlook on markets, specific sectors and the ongoing discussion regarding value vs growth.

Frank and David touch on the trends that helped provide this return, as well as how Frank is thinking about markets at the moment. Frank and David also delve deeper into the investment thesis behind infrastructure assets such as airports, as well as the implications of COVID and their broader outlook going forward.

Over the twelve months to 31 March 2021, the Koda Enduring Equities Portfolio is up 59.76% compared to the ASX200’s return of 37.47%. Over 3 years, the reference portfolio has returned 18.58% p.a. compared to the ASX200’s return of 9.64% p.a.

Koda in numbers

23

Average years of experience (Koda Partners)

40

Partners

81

Koda team members

3

Offices around Australia