$15m Capital raising
Role / Corporate Adviser
Date / May 2023
Harvis Advisers and Ironside Capital acted as joint corporate advisors on the successful $15 million equity raise for Blackwattle Investment Partners.
Harvis Advisers, alongside co-advisor Ironside Capital, is proud to have supported Blackwattle Investment Partners in their strategic launch and early stage equity capitalisation. Drawing upon their deep and trusted connections within Australia’s family office and high-net-worth segments, Harvis and Ironside were able to secure vital backing from investors, pitching the unique opportunity to support one of the country’s most talented new fund management teams.
Blackwattle Investment Partners is redefining funds management with its innovative ‘skin in the game’ model, aligning its interests with clients by investing both corporate earnings and personal salaries directly into the portfolios, while prohibiting personal trading. This team-driven, equity-shared approach, and best in class governance, positions Blackwattle as one of the most client-aligned fund managers in Australia.
Led by a group of energetic industry veterans, Blackwattle combines top-tier investment expertise with a focus on quality-driven strategies across multiple asset classes. The firm’s four initial fund offerings - Australian large caps, mid caps, small caps, and a long-short strategy - further cement its commitment to delivering exceptional outcomes for its clients.
The $15 million capital raise, secured in part through Harvis and Ironside’s strong investor network, provides six years of working capital and allows Blackwattle to diversify and grow its product offering while continuing to build its presence in the market. As a result Blackwattle continues to build a business ahead of the initial business plan with an absolute focus on achieving market leading return performance rather than capital raising over the medium term.