Coaster Capital

What Coaster Capital does

Coaster Capital is a privately held Australian investment management boutique founded in 2019 and headquartered in Brisbane, with a secondary office in Sydney. The firm designs and manages absolute-return hedge fund strategies targeting sophisticated and wholesale investors as defined under the Corporations Act 2001 — requiring gross income of $250,000+ per annum or net assets of at least $2.5 million.

The firm's product suite comprises two multi-strategy hedge funds operated under the Coaster Multi-Strategy Fund umbrella: the Arrow Fund, an Australian-focused equity long-short strategy trading across all sectors and market capitalisations, and the Dorado Fund, an Australian-listed resource-sector-focused equity long-short strategy. Both strategies are marketed as limited-capacity and uncorrelated to broader market benchmarks, with monthly performance estimates and commentaries published to registered investors.

Coaster Capital's revenue model is built on subscription-style recurring fees against investor NAV: management fees of 1.5-2% per annum (plus GST) calculated and payable monthly in arrears, plus performance fees of 15-20% on NAV increases above a benchmark subject to a high-water mark. Minimum application size is $50,000, and applications are processed through a direct online portal. The firm is 100% owned by its executive team, who invest personal capital alongside clients, and operates under Quay Wholesale Fund Services Pty Ltd as trustee and AFSL holder. Distribution is exclusively domestic to Australian wholesale investors via direct application and relationship-led sales, with no disclosed external institutional, PE, or VC ownership.

Name

Coaster Capital

Legal name

Coaster Capital Pty Ltd

Website

https://coastercapital.com.au

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Coaster Capital is a privately held Australian investment management boutique founded in 2019 that designs and manages the Arrow Fund (Australian equity long-short) and Dorado Fund (resource-sector long-short) hedge funds, exclusively for wholesale investors meeting Corporations Act 2001 thresholds. Revenue is generated through management and performance fees on investor NAV.

Ownership category

akta.pro rank

Product category

Investment Management (Hedge Funds)

SIC

Investment Advice (6282)

akta.pro industry

PRIMARYFSAHAAAA

Fundamental/Discretionary Equity Long/Short

Financial & Insurance/Hedge Funds & Alternative Investments/Hedge Funds — Equity Long/Short

SECONDARYFSAAAIAG

Sector/Thematic Equity (Active)

Financial & Insurance/Asset & Wealth Management/Asset Management — Equity (Active)

Keywords

• Hedge fund management
• Long short equity
• Absolute return strategies
• Investment management boutique
• Australian equities funds

Headquarters

HQ city

Brisbane

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Management Fees: Coaster Capital charges management fees of between 1.5–2% per annum (plus GST) of the Net Asset Value of the investment, calculated monthly and payable monthly in arrears.
2. Performance Fees: Performance fees of between 15–20% on the increase in Net Asset Value (NAV) per Unit above the Benchmark Performance, subject to the High Water Mark.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Coaster Capital is a Brisbane-based investment management boutique that designs, develops, and manages exclusive multi-strategy hedge funds targeting absolute returns in Australian equity markets. The firm operates two core funds — the Arrow Fund (broad Australian equity long-short) and the Dorado Fund (Australian resource-sector equity long-short) — offered exclusively to sophisticated and wholesale investors with a minimum application of $50,000.

Product overview

Coaster Capital is a multi-strategy investment management boutique offering two distinct hedge fund products: the Arrow Fund (an Australian equity long short strategy spanning all sectors and market capitalisations) and the Dorado Fund (a resource sector focused equity long short strategy). Both funds operate as carefully designed, developed and managed absolute return strategies with limited capacity, where the executive team is 100 percent invested alongside clients.

Differentiator

Problem solved

Functional benefit

Brands

• Arrow Fund: Australian focused equity long short strategy offering investors potential significant long-term returns uncorrelated to other markets.
• Dorado Fund

Products and services

• Arrow Fund An Australian focused equity long-short strategy that trades across all sectors and market capitalisations of the Australian stock market, offering investors potential significant long-term returns uncorrelated to other markets with a focus on consistent returns and low correlation to the Australian stock market. Available to sophisticated and wholesale investors with a minimum application of $50,000.
• Dorado Fund An Australian listed resource sector focused equity long-short strategy, offering potential significant long-term capital growth with less correlation or drawdowns typically related to long-only resource stock investments. Available to sophisticated and wholesale investors with a minimum application of $50,000.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Quay Fund Services LtdcoreOthersQuay Fund Services Ltd (AFSL No. 494 866 / AFSL 528 526) is the trustee and issuer of units in the Coaster Multi-Strategy Fund. Coaster Capital (CAR No. 001279156) and its subsidiaries are corporate authorised representatives of Quay Fund Services Limited. Coaster Capital Pty Ltd ACN 635 699 080 is the authorised representative (CAR No. 001279156) of Quay Wholesale Fund Services Pty Ltd ACN 647 044 602, holder of Australian financial services licence 528 526.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Antipodes Partners: Sydney-based boutique running global and Australian equity long/short mandates. Comparable in boutique positioning, sophisticated-investor client base, and capacity-constrained fund structure.
• Regal Funds Management: Australian-based alternative asset manager running multiple hedge fund strategies including equity long/short and resources exposure. Closest direct competitor to Coaster in structure (multi-fund boutique) and strategy (Australian equities long/short).
• Cobalt Asset Management: Brisbane-based boutique hedge fund manager running long/short equity strategies. Geographic and structural overlap with Coaster, both targeting wholesale Australian investors.
• Ellerston Capital: Australian alternative asset manager offering long/short equity and other hedge fund strategies. Comparable in running multiple capacity-constrained funds for wholesale investors.
• L1 Capital: Melbourne-based boutique hedge fund manager operating long/short equity strategies. Similar boutique scale, Australian focus, and high-net-worth/wholesale investor distribution.
• Cooper Investors: Melbourne-based boutique manager with concentrated Australian and global equity strategies. Similar boutique positioning, concentrated stock-picking approach, and HNW/institutional client base.
• Paradise Capital: Small Australian equity long/short manager with a comparable boutique structure and focus on Australian mid/small-cap equities for sophisticated investors.
• Wedgewood Investment Group: Australian long/short equity boutique with a similar multi-fund structure. Comparable in boutique scale, capacity-constrained positioning, and sophisticated-investor distribution.

Broad incumbents

• Magellan Asset Management: Large Australian-listed asset manager with global equities capabilities. Comparable as an Australian-domiciled equity-focused fund manager targeting wholesale/institutional clients, though much larger and more diversified.
• Perpetual Investment Management: Major Australian incumbent asset manager offering equity, fixed income, and multi-asset strategies. Comparable in Australian equities focus and wholesale distribution, though at materially larger scale and broader mandate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• YouTubeyoutu.be/AL3O54fsBII

Revenue estimate

Valuation estimate

Number of profiles

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 Coaster Capital