Ellerston has a long and successful history of private investment.

The Ellerston Ventures Team has been actively involved in private company investments since 1999, managing early stage investments in Seek, Carsales and others through PBL and its affiliates.

In 2011, we launched the Ellerston Special Opportunities Platform to give our investors the opportunity to co-invest with us in unlisted Australian businesses on a deal-by-deal basis.

In 2016, we launched Ellerston Ventures Partnership LP, our first fund dedicated to private company investments. Ellerston Ventures is an Early Stage Venture Capital Limited Partnership (ESVCLP), a structure with significant tax incentives.

Ellerston Ventures Team

David Leslie

Investment Director

Anthony Klok

Investment Director

Simon Ayling

Investment Analyst
Proven Expertise
Ellerston evaluates 30 new deals per month, and focuses on leads with strong management teams and business
Deep Capabilities
Ellerston’s network is substantial, with 26 investment experts covering a wide range of industries and
Institutional Manager
The only Australian venture capital fund managed by a $5.3 billion+ institutional fund
Tax Free Returns
Australian tax free returns to investors, plus a 10% non-refundable offset on invested
Value Creation
Ellerston investee companies have raised over $100 million from strategic
Additional Difference Fact
The Ellerston investment team is actively involved in managing growth and helping the founders to realise

Ellerston Ventures is our first fund dedicated to private investments.

We focus on investing in technology companies in the early expansion stage of development, as well as qualifying pre-IPO companies in other sectors (for example, healthcare and consumer staples) that meet the ESVCLP investment rules.

By providing patient capital, mentoring management, and implementing value creation strategies, we seek to help our investees reach their full potential while maximising outcomes for investors.

Ellerston Ventures has been structured as an Early Stage Venture Capital Limited Partnership (ESVCLP) to take advantage of the significant tax incentives offered by the Australian Government. Not only are all investment returns from ESVCLPs Australian tax free, but investors will also receive a non-refundable 10% tax offset on capital contributed to Ellerston Ventures for use from the 2017 income year and beyond.

By providing patient capital, mentoring management, and implementing value creation strategies, we seek to help our investees reach their full potential while maximising outcomes for investors.