Laminar Capital
Laminar Capital, now Perpetual CT Markets, is an Australian fixed-income and debt-markets specialist serving 650+ institutional clients via its cloud-based Treasury Direct platform, offering investment management, capital-markets advisory, treasury services, and settlement/custody under Perpetual Limited.
- Company typePrivate
- Founded2021
- HeadquartersMelbourne, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Laminar Capital does
Laminar Capital, now operating as Perpetual CT Markets, is a fixed-income and debt markets specialist based in Sydney and serving exclusively Australian institutional and wholesale clients. It was founded as an independent Australian debt-markets business and acquired by ASX-listed Perpetual Limited in 2021, with a rebrand to Perpetual CT Markets completed in 2024–2025; it now sits as a division within Perpetual Corporate Trust alongside trustee, agency, custody, and securitisation services.
The company's core technology is Treasury Direct, a cloud-based investment management platform built specifically for the Australian fixed-income market. Treasury Direct integrates Austraclear and Euroclear delivery-versus-payment settlement, supports small-parcel OTC trading down to $10,000, and embeds pre-trade compliance and deal-authorisation workflows. It is complemented by an award-winning analytical product, Fixed Income Intelligence, and the broader Perpetual Corporate Trust stack (Perpetual Digital, Perpetual Intelligence, Perpetual Data Services). Scale metrics include $18 billion administered on Treasury Direct, 950+ portfolios on the platform, $8 billion AUM/advice across treasury services, $3.6 billion in securitised AUM, and $250 billion in custody FUA at the parent division.
Revenue is generated through four streams: investment-management fees on mandates, capital-markets advisory fees for debt origination, structuring, and placement, treasury-management and advisory retainers, and settlement/custody/managed-fund services. Pricing is not publicly disclosed and is structured per-client. The go-to-market is direct enterprise field sales targeting fund managers, ADIs, corporates, government bodies, super funds, councils, wealth managers, SMSFs, and not-for-profits; a 30+ person segregated custody team each with 15+ years' experience supports institutional delivery, and the firm is positioned as an integrated extension of client treasury operations across front-, middle-, and back-office functions.
Laminar Capital firmographics
Firmographics- Name
- Laminar Capital
- Legal name
- Perpetual CT Capital Pty Ltd
- Website
- https://laminarcapital.com.au
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Laminar Capital, now Perpetual CT Markets, is an Australian fixed-income and debt-markets specialist serving 650+ institutional clients via its cloud-based Treasury Direct platform, offering investment management, capital-markets advisory, treasury services, and settlement/custody under Perpetual Limited.
- Ownership category
- akta.pro rank
Laminar Capital industry classification
Industry- Product category
- Fixed Income and Debt Capital Markets Services
- NAICS
- Investment Banking and Securities Intermediation (523150), Portfolio Management and Investment Advice (523940), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Portfolio Management and Investment Advice (52394), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282), Asset-Backed Securities (6189), Finance Services (6199)
- akta.pro primary industry
- Fixed Income Electronic Trading Platforms (Bonds/Credit) (FSAFANAB)
- akta.pro secondary industries
- Fixed Income Brokerage (Bonds) (FSAEACAJ), Multi-Sector / Total Return Fixed Income (FSAAAHAJ), Treasury, Cash & Liquidity Management (Custody Cash) (FSAAAOAL), Government Bond (Sovereign) Trading Platforms (FSAFACAA), Securities Lending & Collateral Management (FSAAAOAI)
Keywords
Where Laminar Capital is headquartered
LocationHeadquarters
- HQ city
- Melbourne
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Laminar Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Investment Management Services: Management fees for portfolio investment management services covering fixed income assets under mandates. Services include policy review, investment opportunity identification, portfolio performance calculation, and comprehensive monthly reporting.
- Capital Markets Advisory: Advisory fees for debt origination, structuring, placement, and capital management solutions. Includes securitisation structuring, fixed interest broking (domestic and offshore), wholesale term deposit broking, and direct bond facilitation.
- Treasury Management Services: End-to-end treasury and capital management services including securitisation structuring, facility negotiation, interest rate and foreign currency hedging, and board training. Currently advises on $8 billion in assets under management.
- Settlement and Custody Services: Back-office trading, settlement (DvP via Austraclear), sub-custodial services for smaller parcels, and asset custody for fixed income, real assets, credit, and cash. Manages nearly $250 billion in Funds Under Administration.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Laminar Capital product offering
Product offeringCore offering
Laminar Capital, now operating as Perpetual CT Markets, provides fixed income and debt markets services to institutional clients in Australia, including investment management of fixed income portfolios, capital markets advisory (debt origination, structuring and placement), treasury management and advisory, and back-office settlement, clearing and custody. Service delivery is supported by the proprietary Treasury Direct cloud-based platform and the Fixed Income Intelligence solution, which automate compliance, trade processing and reporting across the investment lifecycle.
Product overview
Laminar Capital, now operating as Perpetual CT Markets, is a fixed income and debt markets specialist platform. The company offers a unified suite of products and services centered around its Treasury Direct cloud-based investment management platform and Fixed Income Intelligence solution. These core products are complemented by integrated service offerings including Investment Management, Capital Markets Services, Treasury Services, and Settlement/Clearing/Custody operations. The platform facilitates fixed income connections between issuers and investors, supporting over 950 portfolios with $18 billion in funds administered on platform and $8 billion in assets under management.
Differentiator
Problem solved
Functional benefit
Products and services
- Treasury Direct Cloud-based investment management platform that automates labour-intensive processes, reduces human error risk, and connects investors, issuers and the broader market across multiple asset classes; used by institutional clients to manage fixed income portfolios on the platform.
- Fixed Income Intelligence Award-winning fixed income investment solution that simplifies complexity by seamlessly integrating the fixed income investment process; combines market data with Perpetual's risk and compliance framework for institutional clients.
- Investment Management Integrated investment and treasury management service covering policy review, investment opportunity identification and execution, portfolio performance calculation, and comprehensive monthly reporting; targeted at fund managers, ADIs, super funds, government bodies and not-for-profits.
- Capital Markets Services Capital markets advisory covering debt origination, structuring, placement, funding, and standby facilities for institutional clients including fund managers, ADIs, corporates, government bodies and not-for-profits.
- Treasury Services End-to-end treasury and capital management including treasury management and advisory, securitisation and new issue structuring, facility negotiation, capital management, interest rate and foreign currency hedging, interest rate risk analysis, and board/management training; currently advises on $8 billion in assets.
- Settlement, Clearing and Custody
Quantifiable outcome
- $18 billion in funds administered on Treasury Direct platform
- +3 more outcomes
Companies that use Laminar Capital
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles3 records
Laminar Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature4 records
Laminar Capital partnerships and signals
Strategic signalScale indicators9 records
Recent moves6 records
Expansion highlights5 records
Laminar Capital competitors and assessment
Company assessmentBroad incumbents
- Challenger Limited: Australian investment manager with a large credit and fixed-income book, comparable in its fixed-income origination, securitisation, and institutional client orientation.
- Macquarie Group: Australia's largest investment bank with a substantial fixed-income, commodities, and securitisation franchise that overlaps materially with Perpetual CT Markets' institutional and middle-market clients.
- J.P. Morgan Australia: Global investment bank with a leading Australian fixed-income, currencies, and commodities business, providing deep institutional liquidity and competing for ADI and sovereign fixed-income flow.
- Commonwealth Bank Institutional Banking: Major ADI with an institutional fixed-income, securitisation, and treasury services franchise that competes for the same super fund, corporate, and government treasury mandates.
- QIC Limited: Queensland-based institutional investment manager with significant fixed-income and liquid alternatives capabilities, serving super funds and government clients in overlapping segments.
- UBS Australia: Global bank with Australian institutional fixed-income sales, trading, and origination capabilities that compete directly for ADI, super fund, and corporate treasury relationships.
Direct peers
- Bell Potter Securities: Australian full-service stockbroker with an institutional fixed-income desk and wealth management arm, competing for the same ADI, super fund, and wealth manager fixed-income mandates.
- Ord Minnett: Australian private wealth manager and institutional broker with active fixed-income sales, trading, and research capabilities serving a comparable institutional and high-net-worth client base.
- FIIG Securities: Australia's largest independent fixed-income broker, directly competing with Perpetual CT Markets in OTC bond broking, wholesale term deposits, and direct bond facilitation for SMSFs and institutional clients.
- Yieldbroker: Australian electronic trading platform for OTC fixed-income securities, competing head-to-head with Treasury Direct on multi-dealer pricing and DvP settlement via Austraclear.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Laminar Capital social profiles
Digital presenceLaminar Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Laminar Capital leadership team
Management profileNumber of profiles
Laminar Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Laminar Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Laminar Capital
What does Laminar Capital do?
Laminar Capital, now operating as Perpetual CT Markets, provides fixed income and debt markets services to institutional clients in Australia, including investment management of fixed income portfolios, capital markets advisory (debt origination, structuring and placement), treasury management and advisory, and back-office settlement, clearing and custody. Service delivery is supported by the proprietary Treasury Direct cloud-based platform and the Fixed Income Intelligence solution, which automate compliance, trade processing and reporting across the investment lifecycle.
Is Laminar Capital a public or private company?
Laminar Capital is a private company. It is classified as corporate owned and is currently operating.
When was Laminar Capital founded?
Laminar Capital was founded in 2021. It employs 11 to 50 people.
Where is Laminar Capital based?
Laminar Capital is headquartered in Melbourne, Australia, in the Oceania region.
How does Laminar Capital make money?
Four revenue lines are on record. Investment Management Services are the primary driver. The others are capital Markets Advisory, treasury Management Services and settlement and Custody Services.
Who are Laminar Capital's main competitors?
Broad incumbents on record are Challenger Limited, Macquarie Group, J.P. Morgan Australia, Commonwealth Bank Institutional Banking, QIC Limited and UBS Australia. Direct peers are Bell Potter Securities, Ord Minnett, FIIG Securities and Yieldbroker.
Does Laminar Capital have an API?
No public API is recorded for Laminar Capital.
What industry is Laminar Capital in?
Laminar Capital's product category is Fixed Income and Debt Capital Markets Services. Its primary akta.pro industry code is FSAFANAB, Fixed Income Electronic Trading Platforms (Bonds/Credit), with a secondary code of FSAEACAJ, Fixed Income Brokerage (Bonds). Its NAICS code is 523150 and its SIC code is 6211.