Salter Brothers

What Salter Brothers does

Salter Brothers is a Melbourne-headquartered, multi-asset Australian fund manager founded in 2014 by Robert Salter (CEO) and Paul Salter (Managing Director). The firm operates across Property Funds, Equity Funds, Credit Funds and direct Hospitality operations under the Salter Brothers Hospitality (SBH) brand, and also runs a listed emerging companies vehicle (ASX:SB2) and the Salter Brothers Tech Fund targeting 30%+ IRR.

The platform manages over A$5.4 billion in assets and employs more than 120 staff, including 55 investment professionals, across five offices in Melbourne, Sydney, Brisbane, Singapore and Tokyo. Recent activity includes the acquisition of Causeway Asset Management (August 2025), a joint venture with Kilara Capital (KSB Sustainable Investments), a partnership with IMAP (February 2026), and a JV with Tokyo Century and OUE around the Crowne Plaza Changi Airport (June 2026).

Revenue is generated through management fees on pooled funds, performance fees on Property, Equity, Credit and Tech strategies, capital deployed into directly operated hospitality assets, and fees associated with the listed SB2 vehicle and JV partnerships. Customers include institutional investors, family offices, HNW individuals and JV co-investors across Australia and APAC.

Name

Salter Brothers

Legal name

Salter Brothers Asset Management Pty Limited

Website

https://salterbrothers.com.au

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

101–250 employees

Short description

Salter Brothers is a Melbourne-founded multi-asset Australian fund manager (est. 2014) with over A$5.4B AUM across Property, Equity, Credit and Hospitality strategies, serving institutional and HNW clients from five APAC offices.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Real Estate Property Managers (53131), Nonresidential Property Managers (531312)

SIC

Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Private Credit / Direct Lending (FSAAAHAG)

akta.pro secondary industry

Real Estate Private Credit (CRE Debt) (FSANADAG)

Keywords

• Property fund management
• Private equity funds
• Credit funds
• Hotel asset management
• Immigration investment

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Funds Management (Management & Performance Fees): Salter Brothers generates revenue primarily through funds management fees, including management fees charged on assets under management and performance/carried interest fees on fund returns. The firm manages multiple funds across property, equities, credit, and immigration investment.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Salter Brothers is a multi-disciplinary asset management firm that raises and manages property, credit, and private equity funds for institutional and high-net-worth investors. The firm also operates a hospitality division managing and operating hotel assets and provides corporate advisory services through Salter Brothers Capital.

Product overview

Salter Brothers is an Australian-owned, globally-focused asset management firm operating as a multi-disciplinary investment platform across multiple product lines. The firm offers a diversified portfolio of investment products including Property Funds (Australian Hotel Group Fund, USA Luxury Hotel Fund, USA Upscale Hotel Fund, Hospitality Real Estate Joint Venture, Hospitality Retreat Fund 1, and Property Opportunity Fund), Equity Funds (Salter Brothers Tech Fund, Emerging Companies Ltd/SB2, Special Situation Fund, Private Equity Fund, and Growth Fund), Credit Funds (Corporate Credit, Private Debt, Commercial Real Estate Credit, and Mandates), and KSB Sustainable Investments (a joint venture with Kilara Capital focusing on decarbonization). Additionally, the firm provides Immigration Investment services for the Significant Investor Visa Program and advisory services through Salter Brothers Capital including M&A, Corporate Advisory, Equity Capital Markets, and Debt Capital Markets. Salter Brothers Hospitality (SBH) operates the group's luxury hospitality brands including Ardour Hotels & Estates, Spicers Retreats, Bannisters, and the newly launched Èliva wellness brand.

Differentiator

Problem solved

Functional benefit

Brands

• Èliva: Luxury day spa and wellness brand debuting across multiple locations in New South Wales in 2026, part of Salter Brothers Hospitality portfolio.
• Ardour Hotels & Estates
• Bannisters
• Spicers Retreats

Products and services

• Salter Brothers Property Funds
• Salter Brothers Credit Funds
• Salter Brothers Private Equity Funds
• Salter Brothers Hospitality
• Salter Brothers Capital (Advisory)
• Significant Investor Visa (SIV) Investment Solution

Quantifiable outcome

• Salter Brothers Tech Fund targeting annual returns above 30%
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature1 record

Partnerships

Seven partnerships are on record, tiered core and supporting.

• Tokyo CenturycoreStrategic or Co-development Partner · 29 June 2026Tokyo Century partnered with OUE to acquire Crowne Plaza Changi Airport (S$500 million transaction, subject to regulatory approval). Salter Brothers acted as investment manager for Tokyo Century and established a joint venture asset management company with Tokyo Century to co-manage the asset alongside OUE. Salter Brothers previously acted as investment manager for Tokyo Century on the Hotel Indigo Changi Airport development (announced March 2025, expected operational 2028).
• OUE LimitedcoreStrategic or Co-development Partner · 29 June 2026OUE Limited partnered with Tokyo Century to acquire Crowne Plaza Changi Airport. Tokyo Century and Salter Brothers established a joint venture asset management company which, together with OUE, co-manages the asset.
• IMAPcoreStrategic or Co-development Partner · 15 February 2026Salter Brothers Capital is the exclusive Australian partner of IMAP, the world's leading independent mid-market M&A advisory network. The partnership provides access to over 450 senior corporate finance professionals across 50+ countries, consistent top 10 global ranking by deal volume, cross-border transaction capability, and real-time market intelligence and transaction insights.
• Kilara CapitalcoreStrategic or Co-development Partner · 14 October 2025KSB Sustainable Investments is a joint venture between Kilara Capital and Salter Brothers, launching a sustainable investment platform focused on 3 asset classes: private equity (KSB Transition Fund), infrastructure (BESS Infrastructure Fund), and real assets. The platform employs over 150 staff with over $4.5 billion AUM across 10+ funds.
• Causeway Asset ManagementcoreStrategic or Co-development Partner · 20 August 2025Salter Brothers announced its acquisition of Causeway Asset Management, an Australian private credit fund manager. The acquisition aims to strengthen Salter Brothers' private credit growth ambitions by leveraging Causeway's expertise in direct lending to small and medium enterprises in Australia.
• NetwealthsupportingChannel Partner/ Reseller/ DistributorSalter Brothers Tech Fund is available on the Netwealth platform (SBT5685AU) via the Powerwrap IDPS menu for wholesale investor access.
• PraemiumsupportingChannel Partner/ Reseller/ DistributorSalter Brothers Tech Fund is available on the Praemium platform (SBT5685AU) via the Powerwrap IDPS menu for wholesale investor access.

Scale indicators8 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• La Trobe Financial: Australian non-bank asset manager focused on retail and wholesale credit, real estate finance and wealth solutions. Directly comparable to Salter Brothers' credit platform; Caterina Nesci previously headed marketing at La Trobe Financial, underscoring personnel and operational overlap.
• Centuria Capital Group: ASX-listed Australian real estate and investment platform manager (Centuria Property Funds, Centuria Industrial REIT, Centuria Health). Highly comparable to Salter Brothers in offering diversified property fund products to wholesale and institutional investors with active capital partnership models.
• Qualitas Securities: ASX-listed Australian real estate private credit and investment manager focused on direct lending against real estate assets. Closely comparable to Salter Brothers' Commercial Real Estate Credit and Private Debt funds, with similar institutional and wholesale investor base.
• Wingate Group: Australian private debt and investment manager specialising in direct lending, special situations and real estate credit. Joel Zanoni, Salter Brothers' MD of Debt Capital Markets, previously served as Executive Director, Private Corporate Debt at Wingate, evidencing deep overlap in origination capability and product set.
• APN Property Group / Industria REIT: Australian real estate investment manager running unlisted property funds and listed REITs across office, industrial, retail and healthcare. Steven Lawford, Salter Brothers' Director of Funds Management, was previously Fund Manager at APN Property Group responsible for ~A$350M of property fund assets.

Broad incumbents

• Brookfield Asset Management: Global alternative asset manager with leading real estate, infrastructure, credit and private equity franchises. Comparable in multi-strategy, multi-asset DNA to Salter Brothers' integrated platform, though at vastly larger AUM scale and global footprint.
• Partners Group: Swiss-listed global private markets investment manager across private equity, private credit, private real estate and infrastructure. Rahul Ghai, Salter Brothers' MD Asia, was previously MD and Head of Real Estate Europe at Partners Group, evidencing overlap in alternatives DNA, though at far larger global scale.
• Perpetual Limited: ASX-listed Australian wealth, asset management and corporate trust business with significant scale across multi-asset funds. Larger incumbent offering comparable diversified fund and trustee services, though broader and more institutional than Salter Brothers' boutique alternative-asset focus.
• Magellan Financial Group: ASX-listed Australian global equities fund manager. Both Gregg Taylor and Emily Mohan at Salter Brothers Emerging Companies previously worked at Magellan-adjacent firms (Bombora, Blue Ocean Equities), reflecting overlap in Australian equities talent and product design.

Emerging players

• Hejaz Capital: Australian private credit and investment manager focused on ethical and Shariah-compliant lending and credit strategies. Comparable to the credit and ESG-aligned fund offering Salter Brothers is building via KSB Sustainable Investments and Causeway Asset Management.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCF9xhZkM2FBj8Mj2wZqBZWw
• Facebookfacebook.com/profile.php?id=61565999619516
• LinkedInlinkedin.com/company/salter-brothers
• Instagraminstagram.com/salter_brothers

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments3 records

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

Frequently asked questions about Salter Brothers