Caledonia (Private) Investments Pty Limited provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and portfolio management for institutions.
Caledonia (Private) Investments Pty Limited reports 42 clients. They include 28 high-net-worth individuals and 14 pooled investment vehicles. Of its assets, 91.1% ($4.78B across 39 accounts) are managed with discretion; $465M across 3 accounts are not. Of its clients, 95% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 67% | 31% |
| Pooled investment vehicles | 33% | 69% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 28 | $1.63B | 31.1% | $58.3M |
| Pooled investment vehicles | 14 | $3.62B | 68.9% | $258M |
| Total | 42 | $5.25B | 100% | $125M |
- Clients
- 28
- Regulatory AUM
- $1.63B
- AUM share
- 31.1%
- Avg. per client
- $58.3M
- Clients
- 14
- Regulatory AUM
- $3.62B
- AUM share
- 68.9%
- Avg. per client
- $258M
Total
- Clients
- 42
- Regulatory AUM
- $5.25B
- AUM share
- 100%
- Avg. per client
- $125M
- Clients outside the U.S.
- 95%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Caledonia (Private) Investments Pty Limited is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Caledonia Holdings Co Pty Limited owns 75% or more of Caledonia (Private) Investments Pty Limited and is in turn owned by Manderrah Pty Limited As Trustee for GJJ Family Trust (75% or more). The leadership team of Caledonia (Private) Investments Pty Limited includes Chief Investment Officer Michael Messara, Chief Financial Officer Nathan Easter and Chief Compliance Officer Matthew Moses. It has 26 employees, 9 of them in advisory roles.
Leadership
- Nathan EasterChief Financial Officer
- Matthew MosesGeneral Counsel and Chief Compliance Officer
Michael MessaraCo-Chief Investment Officer- David ScullyVice Chairman
James VicarsCo-Chief Investment Officer
Staff
- 26 employees
- 9 in advisory functions
- Owns 75% or more of Caledonia (Private) Investments Pty Limited
Caledonia Holdings Co Pty Limited
Control person · since July 2020
- Owns 75% or more of Caledonia Holdings Co Pty Limited
Manderrah Pty Limited As Trustee for GJJ Family Trust
Control person · since July 2020
Matthew Moses
Director · Control person · since July 2020
James Vicars
Director · Control person · since July 2020
Caledonia (Private) Investments Pty Limited’s regulatory assets fell from $11.8B (March 2021) to $5.25B (September 2026); clients rose from 32 to 42 and employees fell from 31 to 26.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $5.25B | 42 | 26 | 2 |
| September 2025 | $10.2B | 42 | 28 | 2 |
| January 2025 | $8.51B | 44 | 30 | 2 |
| January 2024 | $11B | 46 | 33 | 2 |
| March 2023 | $7.95B | 34 | 34 | 2 |
| March 2022 | $18.4B | 33 | 33 | 2 |
| March 2021 | $11.8B | 32 | 31 | 2 |
Besides its headquarters, Caledonia (Private) Investments Pty Limited has 1 office, with 2 listed addresses in New York.
New York · 1 listed address
- 1133 Avenue of the Americas, New York
Other business names
Caledonia (Private) Investments Pty Limited has reported 1 other business name to the SEC.
- Caledonia US, LP
Contact and registration details
- Legal name
- Caledonia (Private) Investments Pty Limited
- Headquarters
- Level 10, 131 Macquarie Street, Sydney, Australia 2000
- Website
- caledonia.com.au
- Phone
- 01161292557600
- SEC file
- 801-79576
- Structure
- other (specify) organized in Australia
- Fiscal year end
- June
Caledonia (Private) Investments Pty Limited uses UBS Ag ($613M, 44%), J.P. Morgan ($321M, 23%) and Goldman Sachs International ($280M, 20%), among others, as custodians for its separately managed accounts. Caledonia (Private) Investments Pty Limited has custody of client assets.
- UBS AgUBS Ag · London · $613M44%
- J.P. MorganJ.P. Morgan Securities LLC · New York, NY · $321M23%
- Goldman Sachs InternationalGoldman Sachs International · London · $280M20%
- Citigroup Global MarketsCitigroup Global Markets Inc. · New York, NY · $174M13%
At year end, Caledonia (Private) Investments Pty Limited’s separately managed accounts were mostly in stocks (77%) and cash (18%). Its reported 13F holdings for the quarter ended 30 June 2026 total $2.93B across 17 positions; the largest are Flutter Entmt PLC (28.2%), Zillow Group Inc. (25.9%) and Zillow Group Inc. (12.1%).
What the accounts hold
- Stocks77%
- Cash18%
- Other5%
- Derivatives5%
Reported 13F holdings
- $2.93B
- Reported 13F value
- 17
- Positions
- 99.0%
- In the 10 largest
- −14.8%
- Value vs. prior quarter
- Flutter Entmt PLC28.2%
- Zillow Group Inc. · CL C Cap Stk25.9%
- Zillow Group Inc. · CL A12.1%
- Royalty Pharma PLC · Shs Class A11.1%
- Cameco Corp.10.0%
- Coursera Inc.3.9%
- Live Nation Entertainment IN3.7%
- Appfolio Inc. · Com CL A1.6%
- Rocket Cos Inc. · Com CL A1.6%
- Transocean Ltd · Registered Shs0.9%
Together, the ten largest are 99.0% of reported value.
How many clients does Caledonia (Private) Investments Pty Limited have?
Caledonia (Private) Investments Pty Limited has 42 clients and manages $5.25 billion for them, as of September 2026. They include 28 high-net-worth individuals and 14 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 September 2026
What services does Caledonia (Private) Investments Pty Limited offer?
Caledonia (Private) Investments Pty Limited provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Caledonia (Private) Investments Pty Limited use?
Caledonia (Private) Investments Pty Limited’s separately managed account assets are held at UBS Ag (London), with $613M, J.P. Morgan Securities LLC (New York, NY), with $321M, Goldman Sachs International (London), with $280M and Citigroup Global Markets Inc. (New York, NY), with $174M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 September 2026
How many financial advisors does Caledonia (Private) Investments Pty Limited have?
Caledonia (Private) Investments Pty Limited has 0 investment adviser representatives registered with state securities authorities, out of 26 employees, and 9 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Caledonia (Private) Investments Pty Limited invest in?
At the end of its last fiscal year, Caledonia (Private) Investments Pty Limited’s separately managed accounts held 77% exchange-traded equities, 18% cash and equivalents and 5% derivatives.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Caledonia (Private) Investments Pty Limited?
Caledonia (Private) Investments Pty Limited is owned through a holding company by Manderrah Pty Limited As Trustee for GJJ Family Trust. Its direct owner is Caledonia Holdings Co Pty Limited (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 28 September 2026
How does Caledonia (Private) Investments Pty Limited get paid?
Caledonia (Private) Investments Pty Limited is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Caledonia (Private) Investments Pty Limited?
Caledonia (Private) Investments Pty Limited’s main office is at Level 10, 131 Macquarie Street, Sydney, Australia 2000. Its phone number is 01161292557600. Its website is caledonia.com.au.