NEWS & INSIGHTS

Press Release | January 16, 2025

Salter Brothers is pleased to announce the appointment of Emily Mohan as Investment Director within the equities team. Emily will be responsible for the unlisted funds covering investment origination, evaluation, executing transactions and managing operational companies both strategically and post-investment.

Emily has over ten years’ experience in funds management, equity capital markets, M&A and equity research, and has worked across both listed and unlisted companies.

Most recently, Emily was a director at iPartners where she established the company’s first equity fund. Prior to iPartners, Emily was an investment director at Bombora Investment Management, investing and partnering with high growth, pre-IPO companies.

Emily’s experience has seen her operate across the entire investment process including origination, diligence, structuring, and ongoing portfolio management. She has also held several non-executive director roles primarily across fast growing businesses.

Gregg Taylor, Head of Equities at Salter Brothers commented, “We are delighted to welcome Emily as a senior member of the team. I have been fortunate to work with Emily successfully in past roles during her impressive career to date and I am grateful we are working together again. Emily’s broad experience, network and unquestionable work ethic will be important to support the growth of the Salter Brother’s Tech Fund as we build out the portfolio”.

Salter Brothers’ equities business is well positioned for growth and Emily’s appointment further strengthens the team’s capabilities.

Emily said, “I am thrilled to join Salter Brothers’ investment team and assist in driving positive outcomes for our equity fund investors. I look forward to working closely with existing portfolio companies and executing on our well-developed pipeline of deal flow and opportunities for Salter Brothers unlisted funds throughout 2025 and beyond.”

Salter Brothers is pleased to announce that the Salter Brothers Tech Fund (SBT5685AU) is now available on the Praemium platform via the Powerwrap IDPS menus.

Praemium stands as a prominent investment platform in Australia, serving both emerging and established high net worth individuals.

Salter Brothers Tech Fund represents the fifth equity fund launched by Salter Brothers, focusing specifically on investments in the technology sector. By utilising their extensive industry expertise, the equities team identifies businesses with significant growth potential and works closely with their management teams to enhance value and drive expansion.

Since inception, Salter Brothers Tech Fund has been involved in three proprietary investments – Prospa, Marketboomer and SkyMesh.

Press Release | 24 December, 2024

On 20 December 2024 BigBlu Broadband PLC UK CN 09223439 (AIM: BBB.L) (BigBlu Broadband) shareholders approved the 100% acquisition of SkyMesh Pty Ltd ACN 613 736 137 (SkyMesh) by SKM Telecommunication Services Pty Ltd ACN 668 198 909 (SKM) for an enterprise value of A$50.8 million (Acquisition).

SkyMesh is an Australian telecommunication and internet services reseller that provides satellite and fixed wireless internet services targeting regional and rural areas across Australia with a focus on nbn satellite connections.

SkyMesh manages over 50,000 customers, has revenue of approximately A$44.0 million (FY2023) and earnings before interest, taxes, depreciation, and amortization (EBITDA) of approximately A$6.7 million (FY2023). SkyMesh primarily operates in the B2C sector and is currently seeking to expand into the B2B market.

Salter Brothers Tech Fund (SBTF) originated the deal, facilitated the Acquisition and is a lead investor in SKM, representing SBTF’s third investment in the last 12 months. SBTF, through its appointed representative(s) on the Board of SKM, will play an active role in the ongoing management and expansion of SkyMesh.

Gregg Taylor, Investment Director at Salter Brothers commented, “Salter Brothers, alongside its network of industry specialist advisors and operators, looks forward to working closely with SkyMesh management to implement a targeted growth strategy and unlock further commercial and financial opportunities for the company. SkyMesh has a strong strategic footprint in the regional telecommunications market, with multiple opportunities for further growth.”

SKM was advised by Salter Brothers Capital Pty Ltd (financial adviser), HWL Ebsworth (legal) and RSM Australia (accounting and tax).

November 2024

Identified as a premier real estate opportunity in Asia Pacific, Salter Brothers Research shares insights into Japan’s high performing hotel sector.

Strong Fundamentals

Japanese hotels are a fundamentals-driven investment opportunity. A large and heavily transacted market, the sector is supported by a strong base of domestic demand and fast-growing pool of international inbound.

Revenue Drivers

A strong base case is supported by a number of realistic upside revenue drivers. Prime exposure to fast-growing APAC outbound markets and a limited pipeline of future supply implies an encouraging supply-demand imbalance.

Growth Spurt?

Demand and performance growth has normalised globally but remains elevated in Japan. Japanese outperformance continues a trend of above average demand growth from the decade prior to COVID-19 border closures.

Domestic Decline

Japan’s hotels are exposed to the forecasted domestic population decline, with a considerable domestic share of the tourism market. This highlights the need for strategically positioning any investments towards international customer growth.

Sector Performance: Widespread Growth

The remarkable performance of Japanese hotels has been felt across all national markets and asset classes. Widespread growth has enabled diverse approaches, with investors and hotel chains pursuing strategies spanning from budget to luxury, across both urban and regional assets.

First Look: Retreats

The traditional Japanese Ryokan sector is experiencing notable investor interest. The unique features of the sector offer both opportunities and challenges for overseas investors.

Press Release | October 16, 2023

Building on the growth of its Asian footprint, Salter Brothers has now opened an office in central Tokyo, Japan, complementing its existing office in Singapore.

The Japan office has both investment and asset management team members and will be led by Rahul Ghai, Managing Director for Asia.

The office will be situated at Roppongi Hills Mori Tower.

Salter Brothers recently announced a strategic partnership with TC Hotels & Resorts Beppu Corporation, a wholly owned subsidiary of Tokyo Century Corporation, to pursue hotel and hospitality opportunities in Japan. The partnership covers both existing and new assets, allowing Salter Brothers to apply its experience to the Japanese market in refurbishing, rebranding and repositioning existing assets with international operators. Salter Brothers has subsequently assumed asset management of ANA InterContinental Beppu Resort & Spa.

Paul Salter, Managing Director of Salter Brothers, stated “We are fully committed to Japan and Asia. This is the right time to open an office in Japan and Rahul’s firsthand experience on the ground and network throughout Japan will play a pivotal role to Salter Brothers’ shape and future in the region.”

Rahul joined Salter Brothers in November 2023 and has been leading the company’s Asian operations. He said that “setting up a local office in Tokyo will better service Salter Brothers’ growing operations and expand our presence in Asia, which is necessary when pursuing value add type strategies.”

Salter Brothers will be making further announcements shortly.

Press Release | October 11, 2024

Salter Brothers, a global fund manager, is pleased to announce the appointment of Caterina Nesci as its new Director of Brand & Marketing to support its strategic growth initiatives across Asia Pacific.

With $4 billion in assets under management and offices and operations in Australia, Singapore and the United States of America, Salter Brothers is committed to cementing its position as one of Australasia’s leading alternative asset managers, with its “value add” approach to investment in the region.

Paul Salter, Managing Director of Salter Brothers commented, “We are pleased to welcome Caterina to our team. This is an important appointment to support our growth plans in our key markets and sectors, where Caterina already has a demonstrable track record”.

Caterina has more than twenty years’ strategic marketing experience, having lived and worked in Australia, London, Hong Kong, and Italy. Her previous appointments include Head of Marketing & Communications as well as Director of ESG & International Partnerships at La Trobe Financial, where she dedicated more than 12 years and was responsible for assisting the company grow from $1.2 billion to over $16 billion in assets under management. Importantly, she held a number of senior marketing roles in Asia and is well versed in executing strategies in these markets.

Caterina said, “I am thrilled to join Salter Brothers, because of the company’s potential growth and opportunities in Australia and Asia. I very much look forward to assisting the company build its brand and market position as a leading global fund manager in alternative investments.”