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.
Their strategy is to become Australia’s alternative asset manager of the future with scalable growth platforms across real estate, private equity, infrastructure, and credit. Their competitive advantage is their people and high-performance culture. 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 successfully transitioned to a capital light funds management model with enhanced earnings leverage and growth potential. HMC currently manages over $5.8 billion of external AUM via its three funds HomeCo Daily Needs REIT (ASX: HDN), HealthCo Healthcare & Wellness REIT (ASX: HCW) and HMC Capital Partners Fund I, and is on track and capitalised to grow external AUM to $10bn+ by 2024.