HMC Capital (ASX: HMC) is an ASX‑listed alternative asset manager which invests in high conviction and scalable real asset strategies on behalf of individuals, large institutions and super funds.
HMC’s strategy is to become Australia’s alternative asset manager of the future with scalable growth platforms across real estate, private equity, infrastructure and credit.
HMC is led by the same management team which acquired and successfully repurposed the former Masters portfolio from Woolworths in 2017. The management team and board are strongly aligned with shareholders via their significant stake in the business.
HMC has significantly outperformed the S&P/ASX 200 Index and the S&P/ASX 200 A-REIT Index since listing in October 2019 and has successfully transitioned to a capital light funds management model with enhanced earnings leverage and growth potential.
HMC currently manages $5 billion of external AUM via its two ASX-listed REITs, the HomeCo Daily Needs REIT (ASX: HDN) and HealthCo Healthcare & Wellness REIT (ASX: HCW) and is on track and capitalised to grow external AUM to $10bn+ by 2024.
Announcements & Reports
The Team
Board
Chris Saxon
Chair
David Di Pilla
Managing Director and Group Chief Executive Officer
Zac Fried
Non-Executive Director
Brendon Gale
Non-Executive Director
Greg Hayes
Non-Executive Director
Jane McAloon
Non-Executive Director
Kelly O'Dwyer
Non-Executive Director
Management Team
David Di Pilla
Managing Director and Group Chief Executive Officer
Sid Sharma
Group Chief Operating Officer
Will McMicking
Group Chief Financial Officer
Andrew Selim
Group General Counsel and Company Secretary
Misha Mohl
Group Head of Strategy and Investor Relations
Nicholas Harris
Head of Funds Management
Victoria Hardie
Managing Director - HMC Capital Partners
Gavin Mullett
Managing Director - HMC Capital Partners
Clare Chapman
Group Financial Controller
Sandra Francis
Human Resources Director
Our Commitment
As an owner, developer and manager of long duration assets we are committed to sustainable practices that drive long term value creation and achieve a positive impact on the communities in which we operate.
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Investor Information
Name:
Home Consortium Limited (trading as HMC Capital)
Business Establishment:
2017
Listing:
The Australian Stock Exchange (ASX)
20 Bridge Street, Sydney NSW 2000
The securities are listed under ASX code: HMC
Board of directors:
- David Di Pilla - Group Managing Director and Chief Executive Officer
- Chris Saxon - Chair
- Zac Fried - Non-Executive Director
- Greg Hayes - Non-Executive Director
- Brendon Gale - Non-Executive Director
- Jane McAloon - Non-Executive Director
- Kelly O’Dwyer - Non-Executive Director
Share Registry:
Australia
Link Market Services
Level 12, 680 George Street
Sydney NSW 2000
Telephone: 8280 7100 (within Australia)
+61 2 8280 7100 (outside Australia)
Company Secretary:
Andrew Selim - Group General Counsel and Company Secretary
Website:
Auditor:
PwC
Tower One, International Towers Sydney
Level 17, 100 Barangaroo Avenue
Barangaroo NSW 2000
Media Enquiries:
John Frey
P: 0411 361 361
E: john@brightoncomms.com.au
Registered Office
Level 7, 1 Macquarie Place, Sydney NSW 2000
Telephone: 1300 466 326
Australian capital gains tax considerations
Prior to 25 December 2021, a HMC stapled security comprises two separate assets for capital gains tax purposes, being a share in Home Consortium Limited (HCL) and a share in Home Consortium Developments Limited (HCDL). For capital gains tax purposes you need to apportion the cost of each stapled security and the proceeds on sale of each stapled security over the separate assets that make up the stapled security. This apportionment should be done on a reasonable basis.
One possible method of apportionment is on the basis of the relative Net Tangible Assets of the individual entities.
| Date | Home Consortium Ltd | Home Consortium Developments Ltd | HomeCo Group Total |
|---|---|---|---|
| 31-Dec-19 | 100.00% | 0.00% | 100.00% |
| 30-Jun-20 | 100.00% | 0.00% | 100.00% |
| 31-Dec-20 | 99.94% | 0.06% | 100.00% |
| 30-Jun-21 | 99.63% | 0.37% | 100.00% |
On 24 December 2021, Home Consortium (HomeCo) undertook a restructure from a stapled company structure (comprising Home Consortium Limited (HCL) and Home Consortium Developments Limited (HCDL)) to a single company structure, resulting in HCL becoming the sole parent company of the HomeCo group (the Restructure). Refer to HMC Restructure Tax Guide document below.
Capital distribution of units in HomeCo Daily Needs REIT
Tax information guide for Australian resident HMC Capital security holders
| Company | Analyst |
|---|---|
| Goldman Sachs | Jeffrey Pehl |
| Credit Suisse | Peter Zuk |
| JP Morgan | Richard Jones |
| Jarden | Andrew McFarlane |
| Morgans | Fiona Buchanan |
| Jefferies | Sholto Macanochie |
| UBS | Grant McCasker |
| Barrenjoey | Ben Brayshaw |
Home Consortium, trading as HMC Capital, is followed by the analysts listed above. This is not a complete list of every analyst that follows the company’s securities. Only those analysts that have provided their consent to have their details disclosed on this page are listed above. Any opinions, forecasts and estimates regarding HMC’s performance made by these analysts are theirs alone and are made independently of HMC. They do not represent opinions, forecasts, estimates or predictions of HMC Capital or its management. HMC Capital does not by its reference to the analyst details above imply its endorsement of or agreement with any information, conclusion or recommendations made by an analyst. HMC Capital does not provide any assurance that information stated in any analyst report is correct.
Registered Office
Level 7, 1 Macquarie Place
Sydney NSW 2000
P: 1300 466 326
E: info@hmccapital.com.au
Investor Relations
Misha Mohl
Head of Strategy and Investor Relations
P: 0422 371 575
E: misha.mohl@hmccapital.com.au
Share Registry
For more information about your HMC Capital security holding please contact:
Link Market Services
Locked Bag A14
Sydney South NSW 1235
P: +61 1300 554 474 (toll free within Australia)
F: +61 2 9287 0303
E: registrars@linkmarketservices.com.au
W: www.linkmarketservices.com.au
When you visit the Link investor centre, you will need your Security Reference Number (SRN) or Holder Identification Number (HIN) to verify your identity. Your SRN/HIN is available on your holding/transaction and distribution statements.