LinQ Group

What LinQ Group does

LinQ Group is a privately held, boutique financial services firm headquartered in Perth, Western Australia, operating across three integrated divisions: Investment Banking, Funds Management and LinQ-Tech. The firm was established in 2004 via a management buyout from Rothschild Australia Group by Clive Donner, who had previously founded the Golden Arrow Funds within Rothschild in 1997. Investment Banking services span Corporate Advisory (M&A, restructures, joint ventures), Equity Capital Markets (IPOs, placements, rights issues, underwriting), Debt Capital Markets (project finance, acquisition finance, structured finance) and Debt & Project Finance advisory, with a transaction track record of more than 65 completed deals across resources, property and technology sectors. Funds Management operates multiple closed-end investment vehicles, including the historically ASX-listed LinQ Resources Fund (peak FUM of $500M+ in 2008) and the unlisted Golden Arrow Fund (~30% net annual returns 1997–2002), alongside the TransLinQ property development platform targeting 20%+ p.a. returns. LinQ-Tech provides dedicated technology-sector advisory and investment services globally from offices in London, Hong Kong, Tel Aviv and Silicon Valley.

The firm's revenue model blends episodic advisory and transaction fees (corporate advisory, ECM, DCM, project finance) with recurring management and performance fees from funds management and direct investment income. Customer segments are wholesale and sophisticated investors, HNW individuals, family offices and institutional investors on the buy side, and companies seeking capital across resources, property, infrastructure, technology, health and energy on the sell side. Distribution is primarily senior-led, referral-driven and network-based, with limited public marketing, no self-serve channels, and pricing conducted on a bespoke, quote-based basis typical of boutique advisory. The firm employs 1–10 people and is founder-controlled, with Chair Clive Donner and Director Harry Donner as the named leadership team.

Name

LinQ Group

Legal name

LinQ Capital Limited

Website

https://thelinqgroup.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

1–10 employees

Short description

LinQ Group is a Perth-based boutique financial services firm offering investment banking, funds management and technology-sector advisory. It serves companies seeking capital and wholesale, sophisticated and institutional investors across resources, property and technology sectors from offices in Australia, London, Hong Kong, Tel Aviv and Silicon Valley.

Ownership category

akta.pro rank

Product category

Investment Banking

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

akta.pro secondary industries

Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness) (FSACAAAI), Industry-Specialist / Sector-Focused M&A Advisory (FSAEAGAJ), Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC)

Keywords

• Investment banking services
• Funds management
• Corporate advisory
• Capital markets advisory
• Project finance

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Advisory and Transaction Fees: Revenue generated from corporate advisory, capital markets advisory, and transaction arrangement fees for services including corporate advisory, equity capital markets, debt capital markets, and project finance.
2. Funds Management Fees: Management fees and performance fees from managing investment funds including the LinQ Resources Fund and Golden Arrow Fund. The LinQ Resources Fund provided distributions annually on average of 6.8% p.a.
3. Property Investment Returns: TransLinQ aims to provide investors with returns in excess of 20% p.a. from property development opportunities, with LinQ participating in investment gains through its platform.
4. Direct Investment Income: LinQ Family Office maintains a portfolio of direct investments across mining, real estate and tech sectors, generating investment returns.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

LinQ Group is a Perth-based boutique financial services firm offering integrated investment banking and funds management services. It provides corporate advisory, equity capital markets, debt capital markets, and project finance to companies in resources, property, technology, health, energy, and infrastructure sectors, and manages closed-end investment trusts (including the LinQ Resources Fund and Golden Arrow Fund) for wholesale, sophisticated, and institutional investors.

Product overview

LinQ Group is a specialist value-based financial services firm and fund manager operating across three core divisions: Investment Banking, Funds Management, and LinQ-Tech. The Investment Banking division offers integrated Corporate Advisory, Equity Capital Markets, Debt Capital Markets, and Debt & Project Finance services. The Funds Management division manages listed and unlisted closed-end investment trusts including The LinQ Resources Fund (ASX-listed) and The Golden Arrow Fund (unlisted), plus direct property and resources investments. LinQ-Tech provides specialized advisory and investment services for the technology sector globally. The company was founded in 2004 following a management buyout from Rothschild Australia and operates from Perth with international representation across London, Hong Kong, Tel Aviv, and Silicon Valley.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Banking Full-service investment banking division providing capital markets advisory across Australia and internationally, encompassing corporate advisory, equity capital markets, debt capital markets, and debt and project finance services for companies seeking capital.
• Corporate Advisory Strategic advisory covering mergers, acquisitions, divestments, restructures, joint ventures, and innovative funding solutions including equity, debt, structured debt, offtake, and royalty arrangements, providing independent advice to management and boards to reduce transaction risk.
• Equity Capital Markets Capital raising solutions including IPOs, placements, rights issues, share purchase plans, underwriting, and convertible notes, accessing wholesale and sophisticated investors such as hedge funds, institutions, and family offices.
• Debt Capital Markets Debt advisory combined with capital markets distribution offering project finance, corporate finance, acquisition finance, offtake financing, structured finance, bridging facilities, and risk management services with global distribution capabilities across North America, the United Kingdom, and the Middle East.
• Debt and Project Finance Project finance advisory including feasibility study assistance, financial modelling, due diligence coordination, loan documentation negotiation, and arrangement of debt facilities for resource and infrastructure projects.
• Funds Management Established funds management platform managing multiple closed-end investment trusts in both listed and unlisted structures across property, resources, and technology sectors, with specialist technical expertise in establishing, managing, and exiting investments and trusts.
• The LinQ Resources Fund ASX-listed closed-end investment trust (established 2005) investing in mineral resources and related infrastructure and services companies across all commodities, project stages, and key mining jurisdictions, typically targeting companies with market capitalisation below $3 billion. LinQ Resources Fund had funds under management of over $500 million in 2008 at its peak and provided distributions averaging 6.8% p.a. on top of capital growth.
• The Golden Arrow Fund Closed-end unlisted investment trust established in 1997 investing in emerging and producing mineral resources companies in Australia and offshore, which achieved approximately 30% net annual returns over September 1997 to September 2002, significantly outperforming all major indices.
• Property Funds Management Property development investment opportunities for wholesale investors in Western Australia through project-specific investment structures, targeting risk-adjusted returns in excess of 20% per annum via the TransLinQ platform.
• LinQ-Tech Technology sector advisory and investment arm focused on creating commercial outcomes for innovative projects and companies globally, with international representation in Perth, London, Hong Kong, Tel Aviv, and Silicon Valley connecting to global technology and venture capital networks.
• TransLinQ Wholly-owned property development investment subsidiary of LinQ Group, providing property development opportunities for wholesale investors in Western Australia through project-specific structures, targeting returns in excess of 20% per annum, with LinQ participating in investment gains through its platform.

Quantifiable outcome

• Golden Arrow Fund achieved ~30% net annual returns 1997-2002, significantly outperforming all major indices and best competitor achieving only ~13% annual return
• +3 more outcomes

Named customers17 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Macquarie Group: Australia's largest investment bank with deep resources, infrastructure, and asset management franchises—overlaps with LinQ across ECM/DCM advisory, project finance, and resources funds management but at vastly larger scale and broader mandate.
• Morgans Financial: Larger Australian wealth management and full-service stockbroking group with corporate advisory and funds management—offers overlapping services to LinQ but serves a broader retail and institutional wealth client base rather than a specialist boutique mandate.

Others

• Rothschild & Co: Global independent M&A and advisory firm from which LinQ's founder and core resources advisory franchise originated via the 2004 management buyout—comparable sector specialism and project finance heritage but at global bulge-bracket scale.

Direct peers

• Argonaut Limited: Perth-based Australian boutique investment bank with deep mining and resources advisory franchise and a securities arm, plus funds management—closely mirrors LinQ's integrated IB-plus-funds model and resources-sector specialism.
• Cygnus Capital: Perth-based boutique focused on natural resources M&A and capital raising—directly comparable in geographic base, resources specialism, and small-team senior-led execution model.
• Petra Capital: Australian boutique advisory firm specialising in resources, healthcare, and technology sectors—overlapping LinQ's sector coverage, mid-market ECM/DCM focus, and Australian headquarters orientation.
• Hartleys: Perth-headquartered Australian boutique investment bank and stockbroker with a strong resources and small-cap focus, offering ECM advisory, corporate finance, and funds management—directly comparable to LinQ's structure, sector concentration, and West Australian client base.
• Canaccord Genuity (Australia): Australian operation of global mid-market investment bank with strong resources sector coverage and ECM capabilities—competes for the same mid-cap mining and resources advisory mandates as LinQ.
• Euroz (Euroz Hartleys Group): West Australian-headquartered financial services group combining stockbroking, corporate advisory, and funds management with a long-standing resources franchise—operates a similar integrated boutique model to LinQ.
• Azure Capital: Perth-based independent corporate advisory firm with resources, technology, and property sector expertise—directly comparable boutique scale, geography, and sector mix to LinQ.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about LinQ Group