Investment Manager
Established in April 2007, Ironstone Funds Pty Ltd (Ironstone Funds; the Manager) is a boutique investment management group, specialising in investing in the Australian residential property sector.
The Ironstone Residential Fund is the flagship of the funds management business. It is an unlisted, open ended, ASIC-registered retail unit trust. This Fund is unique in the Australian funds management landscape providing investors with professionally managed exposure to a diversified portfolio of quality residential property. Its research based approach aims to deliver value and long term growth prospects for investors, and since inception the Fund has delivered on these objectives.
Ironstone has a dedicated and experienced investment team with extensive property and funds management expertise, and is committed to creating a full suite of innovative and specialist property related investment products.
The core competitive advantage lies with a comprehensive market knowledge and a rigorous investment process that strives to align the interests of investors with those of the manager, by way of structuring and managing its products so as to effectively mitigate risk and improve returns for investors.
Ironstone is an Authorised Representative of Columbus Investment Services Limited (Columbus), the independent Responsible Entity for the Ironstone Residential Fund. Columbus holds Australian Financial Services Licence Number 246 943 and has appointed Ironstone as the investment manager of the Ironstone Residential Fund.
Ironstone Funds Investment Team
Sean Preece – Chief Executive Officer, Director
Sean has more than 20 years hands-on experience in the investment and funds management industries. He has been instrumental in the creation, management and growth of some of Australia’s predominant investment groups, including Challenger Financial Services Group, Howard Mortgage Trust and Ord Minnett.
During this time, Sean has developed extensive experience in the areas of property and lending while consulting for industry leading fund managers, Product Review Committees and Advisory Councils. As Executive Director of the Ironstone Group of Companies, Sean offers a combination of deep industry knowledge combined with a strong understanding of property and finance.
Steve Kyling – Managing Director
Steve Kyling has over 30 years experience in finance, Investment and Funds Management with a key strength in the area of property. Steve provides the experience and leadership qualities that are required to build a sizeable Funds Management business.
Again Steve has broad experience at board and executive level combined with a strong analytical ability in the assessment of credit quality.
Fiona Herbert – Head of Compliance/Director
B.E. (Honours), JP
Fiona brings to the Fund over 11 years’ experience in residential property investment and 7 years in mortgage brokering. In property circles, Fiona is best known as a finance strategist, and has personally negotiated and arranged over 200 property financing transactions. She has steadily built her reputation and profile in the industry, regularly appearing in capital cities as a guest speaker on the subject of property and finance.
Fiona has built a substantial personal property portfolio spanning three States. Prior to her involvement in real estate, she was awarded an engineering degree. Fiona brings to the Fund structure, sharp analytics, and creativity – the hallmarks of her proven approach to the property sector.
Fiona holds a full Real Estate Agent’s Licence in NSW and is licensed as an Estate Agent in Victoria
Michael Jaeger – General Manager Group Sales
B.Bus., DFP
Michael has worked in funds management distribution for more than ten years across a number of asset classes including listed and unlisted property. Michael was a key contributor to the successful Park Hyatt Trust capital raising when working at Challenger and more recently, successfully raised capital with Real Estate Capital Partners for a property private equity fund as well as for ASX listed property trust.
With a background in financial planning, Michael has an extensive knowledge of wealth creation strategies and an intimate knowledge of the advice process. He has used this to assist advisers in developing their business and working closer with their clients.
Melissa Morgan – Asset Manager
B.Sc. (Honours), Grad Cert (Applied Finance and Investment), M.Com (Property Investment and Development)
Melissa Morgan brings 10 years of experience in property investment transactions and funds management to the team. A former executive within Macquarie Bank’s real estate funds division, Melissa conducted numerous reviews and maintained prudential oversight on 70 key projects and funds including Macquarie Real Estate Equity Funds and Macquarie Property Income Fund.
Melissa has built a large diversified personal property portfolio across Sydney, Melbourne, Adelaide and Brisbane, and also has significant renovation / add value experience. Melissa brings a combination of real estate investment skills, funds management, analytical and due diligence experience with a keen eye for detail and a passion for property.
