Tattarang

What Tattarang does

Tattarang is the private investment group of Andrew and Nicola Forrest, founded in 2001 and headquartered in Perth, Australia. The firm operates as a multi-sector holding company that acquires and operates wholly-owned subsidiaries spanning seven verticals: agri-food (Harvest Road Group, Bega Group, AACo), energy (Squadron Energy), resources (Fortescue, Wyloo, Greatland), consumer and lifestyle (R.M.Williams, Akubra, Western Force, Camilla), property (Fiveight), health technology (Tenmile), and other interests (Austal minority stake, Fibreconx). Tattarang's stated investment thesis targets generational businesses in sectors critical to Australian national resilience, including renewable energy, battery metals, agri-food, shipbuilding, and iconic Australian brands.

Tattarang's operating model combines direct ownership with active portfolio company management. Portfolio companies operate independently with their own management teams, products, distribution channels, and GTM motions — for example, Squadron Energy sells electricity to utilities through long-dated PPAs (Stanwell has a 15-year agreement to purchase >75% of Clarke Creek stage one output), while R.M.Williams runs a global retail network of nearly 70 outlets plus digital commerce. The parent company itself maintains a lean team of 101–250 employees focused on investment management, portfolio operations, responsible investment, and shared services.

Revenue mechanics are heterogeneous and reported at the portfolio company level rather than the Tattarang holding entity. Investment returns are reinvested or distributed to support Minderoo Foundation's philanthropic work, which is underpinned by a $9 billion endowment. Tattarang does not publicly disclose its own revenue or investment performance, but disclosed portfolio-level signals include R.M.Williams' UK turnover projected to exceed £15 million in 2026, more than $500 million invested in Western Australian beef processing since 2014 (Harvest Road), and $1 billion in project financing secured for Clarke Creek Wind Farm.

Name

Tattarang

Legal name

Tattarang Pty Ltd

Website

https://tattarang.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

Tattarang is a private Australian investment group owned by Andrew and Nicola Forrest, deploying patient family capital across seven sectors — agri-food, energy, resources, consumer and lifestyle, property, health technology, and other industries — to build and own generational businesses whose returns fund Minderoo Foundation's philanthropy.

Ownership category

akta.pro rank

Product category

Private Investment Management

NAICS

All Other Financial Investment Activities (52399), Funds, Trusts, and Other Financial Vehicles (525), Trusts, Estates, and Agency Accounts (52592)

SIC

Investment Advice (6282), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

HoldCo / Permanent Capital ETA (FSANALAE)

akta.pro secondary industries

Personal & Family Trust Services (FSAAANAA), Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite) (FSAAACAH)

Keywords

• Private investment group
• Diversified investment portfolio
• Venture capital holdings
• Renewable energy assets
• Multi-sector holding company

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Returns: Tattarang generates returns through strategic investments across diverse sectors and asset classes, including real assets, public and private markets. Returns support the philanthropic work of Minderoo Foundation.
2. Portfolio Company Performance: Revenue generated from wholly owned portfolio companies including Harvest Road Group, Squadron Energy, Fiveight, R.M.Williams, Wyloo, and others operating across agri-food, energy, property, consumer/lifestyle, resources, and health technology sectors.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Tattarang is a private investment group that acquires, owns, and operates generational businesses across multiple sectors including renewable energy, battery metals, agri-food, property, consumer and lifestyle brands, health technology, and shipbuilding. The group invests patient capital in wholly owned portfolio companies, providing strategic direction and operational support, with returns directed toward the philanthropic work of the Minderoo Foundation.

Product overview

Tattarang is the private investment group of Andrew and Nicola Forrest, operating as a multi-sector investment holding company rather than a unified product platform. The group manages a diversified portfolio spanning seven sectors: Agri-food (Harvest Road Group with beef processing and aquaculture including Leeuwin Coast oysters), Energy (Squadron Energy with renewable assets including Clarke Creek and Uungula Wind Farms), Resources (Fortescue mining, Wyloo nickel operations, Greatland gold-copper), Consumer and Lifestyle (R.M.Williams boots, Western Force rugby, Akubra hats, Camilla fashion), Property (Fiveight developing Waldorf Astoria Sydney, Gaia Retreat & Spa), Health Technology (Tenmile healthtech investments), and Other (Austal shipbuilding, Fibreconx). Each portfolio company operates independently with its own products, services, and customer relationships.

Differentiator

Problem solved

Functional benefit

Products and services

• Harvest Road Group Wholly owned portfolio company operating Western Australia's largest fully integrated beef supply chain and aquaculture operations including the Leeuwin Coast oyster brand. Focused on responsible land management, animal welfare, and sustainable food production for wholesale and retail customers.
• Squadron Energy Wholly owned renewable energy company that owns and operates renewable energy generation and storage assets across Australia, working with local communities and corporate customers to lead the transition to clean energy.
• Clarke Creek Wind Farm Energy asset operated by Squadron Energy with 100 turbines generating 450MW, located 150km north-west of Rockhampton, Queensland. Capable of powering approximately 330,000 Queensland homes and preventing 738,000 tonnes of carbon pollution annually. Stanwell Corporation purchases more than 75% of stage one clean energy output under a 15-year Power Purchase Agreement.
• Uungula Wind Farm 414MW wind farm with 69 turbines located on Wiradjuri Country, 14km east of Wellington, NSW. Once completed, will power the equivalent of more than 220,000 homes and prevent 560,000 tonnes of carbon emissions annually.
• Fortescue One of the world's leading miners and infrastructure operators and Australia's most successful company for shareholder returns, focused on iron ore and green energy technologies including green hydrogen.
• Wyloo The largest pure-play nickel company outside of Russia, producing high-grade nickel sulphide from operations in Kambalda, Western Australia, with growth projects including the Eagle's Nest project in Ontario, Canada, and battery materials processing capabilities.
• R.M.Williams Iconic Australian bootmaker founded in 1932, crafting boots in Adelaide, South Australia, through Goodyear-welt construction. Sells through nearly 70 retail outlets globally, the recently opened London flagship at 108 Jermyn Street, and global e-commerce with sales up more than 30% year-on-year.
• Akubra Iconic Australian hatmaker acquired by Tattarang from the Keir family, producing hats in Australia and continuing local manufacturing.
• Western Force Professional rugby team based in Western Australia, focusing on sports and community engagement.
• Camilla Australian fashion and lifestyle brand in Tattarang's consumer and lifestyle portfolio.
• Fiveight Wholly owned property company developing landmark projects including Waldorf Astoria Sydney at One Circular Quay and operating Gaia Retreat & Spa in Byron Bay.
• Waldorf Astoria Sydney 227-room luxury hotel at One Circular Quay developed by Fiveight in partnership with Lendlease and Mitsubishi Estate Asia, with views of Sydney Harbour, Opera House, and Harbour Bridge. Will feature restaurants, spa, wellness facilities, indoor pool, ballroom, and rooftop bar.
• Gaia Retreat & Spa Internationally recognized wellness retreat and spa on 20 acres in Bundjalung Country hinterland of Byron Bay, NSW, voted Australia's Leading Wellness Retreat at the 2024 World Travel Awards.
• Tenmile Health technology investment company focused on life sciences investments, with portfolio companies including Yosemite and Verge Genomics.
• Bega Group Australian dairy and food company focused on cheese and dairy products.
• Australian Agricultural Company (AACo) Major Australian beef cattle company operating across cattle production and beef supply chain.
• Austal Australian shipbuilder specializing in high-performance vessels including defence and commercial ships.
• Fibreconx Company in Tattarang's portfolio focused on fiber and connectivity solutions.

Quantifiable outcome

• 330,000 Queensland homes powered by Clarke Creek Wind Farm
• +5 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered major, core and minor.

• Hastings Technology MetalsmajorStrategic or Co-development Partner · 20 February 2025Wyloo entered exclusive negotiations with Hastings for formation of Unincorporated Joint Venture for Yangibana Rare Earths and Niobium Project. Wyloo to hold 60% participating interest and be UJV Manager and Operator.
• Mitsubishi Estate AsiamajorStrategic or Co-development Partner · 1 January 2025Mitsubishi Estate Asia is co-developing Waldorf Astoria Sydney alongside Lendlease, with Fiveight (Tattarang portfolio company) as the owner.
• City of Greater SudburymajorStrategic or Co-development Partner · 29 May 2024Wyloo entered MOU with City of Greater Sudbury to secure land for Canada's first downstream battery materials processing facility. The facility will fill a critical gap in Canada's EV battery supply chain.
• Minderoo FoundationcoreStrategic or Co-development PartnerTattarang proudly supports the philanthropic work of Minderoo Foundation, which is underpinned by a $9 billion endowment. Minderoo Foundation takes on tough, persistent issues with potential to drive massive change including climate and ocean science, humanitarian relief, and safe governance of emerging technologies. Returns from Tattarang investments amplify Minderoo's work.
• Stanwell CorporationmajorStrategic or Co-development PartnerStanwell Corporation is a cornerstone customer of Clarke Creek Wind Farm with a Power Purchase Agreement to purchase more than 75% of clean energy generated from stage one of the project over 15 years. This partnership secures revenue for the renewable energy project.
• GE VernovamajorTechnology or IntegrationGE Vernova is the principal contractor for Clarke Creek Wind Farm, supplying the wind turbine equipment. The company works with Squadron Energy on project delivery.
• Barada Kabalbara Yetimarala peoplescoreOthersClarke Creek Wind Farm is located on the land of the Barada Kabalbara Yetimarala (BKY) peoples. The project includes community benefit programs and engagement with Traditional Owners.
• LendleasemajorStrategic or Co-development PartnerWaldorf Astoria Sydney is being built by Lendlease and developed in partnership with Lendlease and Mitsubishi Estate Asia. Fiveight is the owner, a Tattarang portfolio company.
• Port of NewcastlemajorStrategic or Co-development PartnerPort of Newcastle is managing the discharge, laydown, storage and load-out of oversized wind turbine components for Uungula Wind Farm. The partnership demonstrates Port of Newcastle's capability as Australia's premiere port for complex, heavy-lift project cargo.
• ARESminorOthersARES is the transport operator working with Squadron Energy for OSOM deliveries of turbine components from Port of Newcastle to Uungula Wind Farm site.
• Commonwealth Games AustraliamajorStrategic or Co-development PartnerR.M.Williams continues its role as legacy uniform partner to Commonwealth Games Australia, designing ceremonial and village uniforms for Team Australia at the 2026 Commonwealth Games in Glasgow. This follows the brand's previous uniform design for Gold Coast 2018.
• Atikameksheng Anishnawbek and Wahnapitae First NationscoreOthersWyloo acknowledges the support of Atikameksheng Anishnawbek and Wahnapitae First Nations for the Sudbury battery materials processing facility project and looks forward to partnering as the project progresses.
• Lewis Auto HireminorOthersLewis Auto Hire delivered first fully electric 4x4 vehicles (F-150 Lightnings) to Uungula Wind Farm site for Squadron Energy to trial during construction, replacing diesel vehicles.
• NacapminorOthersNacap is partnering with Squadron Energy and Lewis Auto Hire on Uungula Wind Farm, approaching them to trial electric vehicles on the project site.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Cargill: Privately held global agribusiness and food company owned by the Cargill/MacMillan families. Comparable to Tattarang's Harvest Road, Bega, and AACo agri-food holdings as a family-controlled integrated food and commodity business.
• Brookfield Asset Management: Large alternative asset manager with major renewable energy and infrastructure operations. Comparable to Tattarang's Squadron Energy platform as a long-duration capital owner and operator of wind and transition assets globally.
• Koch Industries: One of the largest private US companies, owned by the Koch family, with diversified holdings across energy, chemicals, commodities, and investments. Functions as a permanent-capital family conglomerate analogous to Tattarang at far larger scale.
• IFM Investors: Australian-owned global fund manager owned by industry super funds, with large infrastructure and renewables holdings. Comparable to Tattarang's energy and infrastructure exposure and Australian institutional orientation.

Regional players

• Thorney Investment Group: Australian family-controlled investment vehicle led by Alex Waislitz. Comparable as a long-horizon domestic investment group with diversified public and private holdings.
• Ellerston Capital: Australian investment manager founded by the Ellerston family (Packer-linked). Comparable as an Australian family-affiliated investment platform deploying capital across listed and private markets.

Direct peers

• Pratt Group / Visy: Privately held Australian conglomerate owned by the Pratt family spanning packaging, paper, recycling, and property. Comparable as a multi-generational Australian family-controlled industrial portfolio with patient capital and operating depth.
• Yuhu Group: Australian private investment company controlled by the Cojuangco family with diversified holdings across resources, food, and property. Closest analogue to Tattarang as an Asia-Pacific family-owned multi-sector investment vehicle.
• Hancock Prospecting: Australian family-owned investment and mining group controlled by Gina Rinehart. Closest structural analogue to Tattarang: large private family vehicle deploying capital across resources, agriculture, and adjacent assets with long-time-horizon decision-making.

Others

• Australian Future Fund: Australia's sovereign wealth manager with multi-decade horizon and large infrastructure/renewables exposure. Comparable in scale and patient-capital posture, though state-owned rather than family-controlled.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tattarang

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments14 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tattarang