Austock History
Year

Milestone

1991

Austock founded by Martin Ryan with eight staff and $1.3 million in shareholders’ funds Martin Ryan commenced Austock’s funds management activities by introducing a mandate to manage cash and fixed interest funds for Victorian based medical insurance groups.

 

1992

First corporate finance deal completed: a $10.5 million private capital raising for Composite Buyers Limited, introduced by external adviser Bessemer O’Duill.

 

1996

Established the first high yield fund of its kind in Australia Austock Exempt Market established after Sigma approached Austock to raise $45m in equity (unlisted) and $10m in debt. 22 exempt markets were established over the next seven years including companies such as SFE Corporation and SPC Ardmona.

 

1997

Established Austchoice, the first co-operative of financial planners in Australia, with the first members joining the following year.

 

2001

Commences property business by establishing Ceramic Funds Management and ASIF which acquired a portfolio of childcare centre properties leased to ABC Learning Centres.

 

2002
  • Austock Life is issued a life office licence, the first of its kind to be issued in Australia for more than 10 years.
  • Establishes Sydney office.
2004
  • Austock Life launches Imputation Bond “tax-paid” master fund platform.
  • Obtains Australian market licence for APX.
  • Expands into UK through a joint venture with CIMB - GK Goh, with Austock representatives based in London.
  • Establishes Brisbane office.
  • 100 employees.
2005

Establishes Austock Private Equity and completes a $12.5 million IPO of the Future Capital Development Fund on the APX.

 

2007
  • Austock Property USA established with an office opened in Chicago.
  • List on the Australian Securities Exchange (ASX: ACK).
2008
  • Austock Life passes $100m in funds under management.
  • Start new Financial Planning business.