Barwon Investment Partners

Barwon Investment Partners (Barwon) is a specialist fund manager investing in alternative assets across Private Equity, Healthcare Property and Real Estate Credit.

Headquartered in Sydney, Barwon was founded in 2006 and has a strong focus on creating innovative investment solutions in the private equity and property asset classes for institutional and wholesale clients.

The investment philosophy that underpins Barwon’s approach centres on a belief that alternative investment markets are less efficient than traditional asset classes. Being less efficient, these markets provide investment opportunities to generate superior risk-adjusted returns through active portfolio and asset management.

Barwon’s investment approach places a strong emphasis on research and analysis, active portfolio and asset management, and the search for investments offering compelling fundamental value. The team adds value for investors by using deep sector expertise to secure attractive investment opportunities and then actively manages these investments towards a timely and rewarding exit.

The team also focuses on efficient execution, recognising that great ideas and great strategy mean little without effective decision making, efficient transaction management and disciplined portfolio and risk management expertise.

Barwon Global Listed Private Equity Fund AF

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Why PAN-Tribal Selected Barwon

Barwon’s unique product set, coupled with its investment ethos and approach are just some of the reasons we chose to work with Barwon. Other reasons include:

A strong alignment of interests

Barwon’s private ownership sees the partners committing their own capital alongside investors.

An enduring investment culture

Barwon embraces a culture of rigorous research, efficient investment execution and active asset management.

Specialisation

A deep knowledge of private equity markets provides the opportunity for superior risk-adjusted returns.

A focus on governance

A strong governance culture with a robust risk and compliance framework, and an exemplary fiduciary track record.

High calibre team

Barwon’s specialised investment teams have deep expertise, industry knowledge and relationships that help drive the early identification of investment opportunities in each strategy.

Key Investment Professionals

Sam Armstrong

Head of Private Equity, Partner

Sam is a founding partner of Barwon and leads Barwon’s Global Strategies business, including the Barwon Global Listed Private Equity Strategy, Barwon’s Portfolio Capital Access Solutions Strategy, and direct private equity co-investment and secondaries strategies. Sam has been involved in alternative investments since 1990. Before founding Barwon, Sam was a founding partner at Quay Partners, and prior to that, he was Head of Alternatives at Macquarie, where he worked for over 10 years. Sam graduated with a Bachelor of Commerce (Hons) from The University of Melbourne and holds an MBA from Columbia University, New York.

Bob Liu

Portfolio Manager, CFA

Bob is a Portfolio Manager within Barwon’s Private Equity team. His responsibilities include investment analysis, market research, stock selection and portfolio construction for the listed Private Equity Funds. Bob joined Barwon as an investment analyst in 2009 from IBM. He holds a Bachelor of Laws and Bachelor of Commerce from UNSW and is a Chartered Financial Analyst.

Lisa Swanton

Portfolio Manager

Lisa is a Portfolio Manager within the Private Equity team, where she focuses on listed private debt funds. Her responsibilities include investment analysis, market research and stock selection in the listed private equity and listed private debt strategies. She is also responsible for portfolio construction of the Barwon Global High Income Fund. Prior to joining Barwon in 2013, Lisa was a Senior Investment Analyst at a funds management firm in London focused on student accommodation and residential real estate. Lisa holds a Bachelor of Science (Economics and Finance) from University College Dublin and a Master of Science (Risk Management and Financial Engineering) from Imperial College Business School, London.

James Brown

Portfolio Manager, CA

James is a Portfolio Manager within the Private Equity team, and his responsibilities include investment analysis, market research, stock selection and portfolio construction for Barwon’s global listed private equity strategy. He also constructs Australian feeder funds into top-tier offshore private capital strategies, enabling Barwon’s wholesale clients to access otherwise difficult-to-access institutional strategies. Before joining Barwon in 2018, James was a portfolio manager at Walsh & Co Asset and a sell-side research analyst at Winterflood Securities. James holds a Bachelor of Business from the University of Technology, Sydney.

Sargunn Sahota

Investment Analyst

Sargunn is an Investment Analyst in the Private Equity team at Barwon and is responsible for investment analysis and market research of stocks under his coverage. Prior to joining Barwon, he worked as a consultant at Fact Set where he was responsible for managing accounts for different buy-side investors. Sargunn graduated from a Bachelor of Applied Finance and Bachelor of Economics from Macquarie University with an HD GPA and was the recipient of the university medal from 2017 to 2020.

James Mirabito

Investment Analyst

James is an Investment Analyst in Barwon’s Private Equity team, responsible for investment analysis and market research. Before joining Barwon, James worked as an investment analyst at Antipodes, primarily covering global infrastructure and assisting with commodities, industrials and ESG coverage. James holds a Bachelor of Commerce from the University of New South Wales and is a CFA Level 3 candidate.

Insights

News & Insights brought to you by our in-house experts and investment partners.

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Private Equity Valuations: Uplifts on exit have more than halved

Private equity exit uplifts are falling. Barwon’s analysis of over 300 global PE exits reveals a decline from a long-term median of ~30% uplift to

Barwon Global Listed Private Equity Fund added to Expand platform

We’re delighted to advise that the Barwon Global Listed Private Equity Fund is now available on the MLC Expand platform, across the Super, Pension and

CPD: A deep dive into listed private equity investments

Private equity (PE) is ownership or interest in a corporate entity that’s generally not publicly listed or traded. However, PE is increasingly backing listed companies

Lonsec upgrades Barwon Fund

We’re delighted to advise that Lonsec has upgraded the Barwon Global Listed Private Equity Fund to a ‘Recommended’ rating following its latest sector review. A

CPD: The growing trend of private companies

Listed equities are the cornerstone of most diversified investment portfolios. Whether held directly, via an exchange traded fund or an unlisted managed investment, even those

CPD: The benefits of investing in Listed Private Equity

Private equity (PE) refers to the ownership or interest in a corporate entity that is typically not publicly listed or traded. PE managers usually raise

Barwon Retains Zenith ‘Recommended’ Rating

We’re pleased to announce that Zenith has retained its ‘Recommended’ rating for the Barwon Global Listed Private Equity Fund AF in its latest review of the

Private Equity and the Allocation Gap

Private equity investments are simply investments in private companies. There is a broad spectrum of private equity investment structures but typically it involves the PE

The following information has been prepared by PAN-Tribal Asset Management for use by Sophisticated Investors / Wholesale Clients and Investment Professionals only. No account has been taken of the investment objectives, financial situation or particular needs of any particular person. Information is provided for general information purposes only and does not contain investment recommendations nor provide investment advice, nor is it intended to take the place of professional advice. Investors should not take action in reliance on information contained on this website.

Past performance information provided on this website is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance. None of PAN-Tribal, its related bodies or associates, nor any other person, guarantees the repayment of capital or the performance of the Fund(s) or any particular returns from the Fund(s). No representation or warranty is made concerning the accuracy or reliability of any information contained on this website, nor liability accepted to any person who relies on it.

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