Fort Street Real Estate Capital provides investment and property management services to the underlying wholesale trusts which the funds’ invest in. Two representatives of Fort Street Advisers, Richard Hunt and Ian Holmes, and two directors from Evans Dixon Group, Alex MacLachlan and Jaclyn Strelow, are currently directors of Fort Street Real Estate Capital. Their qualifications and expertise are below.

Management Team

Richard Hunt
Richard HuntBEc, Actuarial (Macquarie) | CHAIRMAN Executive Chairman, E&P
Richard is Executive Chairman at E&P. He was previously Principal at Fort Street Advisers which he established in 2009. Prior to this he worked for UBS Australia for 16 years where he held a number of senior roles including Co-head of Investment Banking Australasia, Head of Real Estate Australasia and a member of a number of global Investment Banking boards and committees.

A successful commercial property market professional in Australia, Richard has been actively involved in a significant number of listed real estate transactions over the past 20 years. Richard’s real estate experience covers a range of transactions including mergers, acquisitions, disposals, debt restructuring and capital raisings. His clients have included Westfield, Dexus, Goodman Group, GPT, Challenger, Australand, Stockland, Mirvac, AMP Capital, Lloyds International, and Investa.

Richard has a Bachelor of Economics Actuarial Studies from Macquarie University and is a Member of the Takeovers Panel.

Ian Holmes
Ian HolmesBCom, LLB (UNSW) - Director of Fort Street Real Estate Capital
Ian is an executive at Fort Street with 15 years of real estate investment banking and corporate advisory experience. Prior to joining Fort Street in early 2010, Ian was a Director in the Investment Bank of UBS AG, Australia Branch. During his time at UBS AG, Ian was a member of the Real Estate advisory business, and completed a significant number of mergers and acquisitions and capital markets transactions in the real estate sector.

Ian’s clients have included Westfield, Charter Hall, Challenger, Macquarie Group, Colonial First State, Investa, Australand, Peet and Valad.

Ian has a Bachelor of Commerce and Bachelor of Laws from the University of New South Wales.

Alex MacLachlan
Alex MacLachlanBA (Cornell), MBA (Wharton) - Director of Fort Street Real Estate Capital
Alex brings to Walsh & Company the benefit of years of strong relationships forged with investment professionals around the globe who provide significant economic and investment insights for our clients. A successful career in funds management has enabled Alex to identify and execute unique investment opportunities.

Alex’s career trajectory demonstrates a breadth of experience working in pivotal roles such as investment banker at UBS AG, where he rose to Head of Energy for Australasia. During his tenure in investment banking, Alex worked on more than $100 billion in mergers and acquisitions and capital markets transactions, advising some of the world’s leading companies.

Alex has a Bachelor of Arts from Cornell University and a Masters of Business Administration from The Wharton School, University of Pennsylvania.

Jaclyn Strelow
Jaclyn StrelowBJus, LLB. (Hons) (QUT), MBA (MELB) - Director of Fort Street Real Estate Capital
Jaclyn joined Walsh & Company in 2016 to lead corporate finance and capital raising transactions. Jaclyn has a corporate law background and brings substantial experience specialising in debt and equity markets, mergers and acquisitions and corporate development in Australia and the UK, working in listed company and professional services environments.

Prior to joining Walsh & Company, Jaclyn was legal counsel for Aurizon, managing legal risk and strategy across the business development, M&A, strategy, governance and treasury functions. Prior to Aurizon, Jaclyn worked as legal counsel in capital markets and professional services with Instinet and PwC Legal in London, and Mallesons Stephen Jaques in Australia.

Jaclyn holds a Bachelor of Laws (Honours) and Bachelor of Justice from Queensland University of Technology, and a Master of Business Administration from The University of Melbourne.

Fort Street Real Estate Capital

David Rogers
David RogersMEng (Imperial College London) – Director – Investments
David is responsible for sourcing and executing all real estate transactions for the Fund with extensive experience across commercial office, retail and industrial markets.

Prior to joining Fort Street Real Estate, David was Capital Transactions Manager with Charter Hall, where he was involved across 16 listed and unlisted funds, with a total exposure of $10 billion commercial real estate funds under management. David also previously served as Capital Transactions Manager with Macquarie Real Estate, executing several transactions across Japan, Italy, Germany and Australia, and held other roles within Macquarie Group including the Macquarie Office Trust, a $6 billion global REIT, and the Securitisation division.

David has a Master in Chemical Engineering from Imperial College, London and Associateship of the City and Guilds of London Institute.

Jason Hay
Jason HayMBA Exec. (RMIT) – Director, Asset Management
Jason is responsible for the strategy and performance of the assets under management by Fort Street Real Estate Capital.

Prior to joining Fort Street, Jason was the National Property Manager for Coles Express, responsible for developing and executing the business’ growth strategy, along with overseeing the management of the 680+ store fleet. Previously Jason had been a Portfolio Manager for the Coles Group, responsible for the performance of seventeen shopping centre assets. Jason has also managed iconic retail and office assets such as the Carnaby Street precinct and the Charing Cross Road bookshops, both in London’s West End.

Jason holds a Masters of Business Administration (Executive) and is a licensed estate agent.

Nicholas Lonie
Nicholas LonieBPropEc (UTS) – Asset Manager
Nick joined Fort Street Real Estate Capital in 2017 with a focus on asset management. He also assists with several related activities including capital transactions and funds management.

Prior to joining Fort Street Real Estate Capital Nick was a Centre Manager at Dexus where he oversaw the operations of the redeveloped Gateway Sydney in Circular Quay. Nick also held roles at Dexus in Asset Management and Asset Services.

Nick holds a Bachelor of Property Economics from the University of Technology Sydney.

Waqar Qureshi
Waqar QureshiBEc, BCom (ANU) – Asset Manager
Waqar joined Fort Street Real Estate Capital in 2016 focusing on asset management, and assisting with a number of other Funds’ activities including capital transactions, funds management, and valuations.

Prior to Fort Street, Waqar was a Financial Analyst for Dixon Advisory, assisting clients manage wealth in retirement through specialist advice on areas including superannuation structure and investment portfolio management.

Waqar holds a Bachelor of Economics and a Bachelor of Commerce (Finance) from the Australian National University.

Kathryn Durrant
Kathryn DurrantBSc, RICS – Investment Manager
Kathryn’s primary role is to support the capital transactions process for the Fort Street Real Estate Capital funds, with a focus on acquisitions. She also assists the wider team with asset management and funds management activities.

Prior to joining Fort Street Real Estate Capital, Kathryn held various roles in commercial agency at CBRE, covering leasing and capital markets across the commercial, retail and industrial sectors. Kathryn also gained previous experience in advisory services at KPMG where she provided valuation and transaction strategy advice to large corporate and government clients.

Kathryn holds a Bachelor of Science in Real Estate Management, awarded by Kingston University in 2012. She is also a qualified member of the Royal Institution of Chartered Surveyors (RICS).

Anthony Jones
Anthony JonesBCom (Macq) - Fund Associate
Anthony specialises in investment analysis, projection recommendations, execution and transformation strategies across our fund offerings. He is also responsible for the financial reporting.

Prior to joining Fort Street Real Estate, Anthony was a manager with KPMG Australia, working in Sydney and New York. Anthony specialised in both the real estate and leasing industries, working for both listed and private clients.

Anthony is a Chartered Accountant and holds a Bachelor of Commerce from Macquarie University.

Amanda Powrie
Amanda PowrieTeam Assistant
Amanda joined Fort Street Real Estate Capital in February 2016 and divides her time between Fort Street Real Estate Capital and Fort Street Advisers. Amanda is responsible for a number of different administrative duties including delivery of high quality documents and presentations.

Amanda has 12 years experience in a corporate environment, eight of these in the real estate sector. Prior to joining the team Amanda worked for CBA, CBRE and McGrath where she held various organisation roles.

Lizzie Wheeler
Lizzie WheelerLeasing Manager
Lizzie joined Fort Street Real Estate Capital in 2019 with an extensive background in retail leasing, working across transaction advisory on a range of retail assets and projects. Prior to joining FSREC, Lizzie worked with asset management teams at Knight Frank and a Melbourne based boutique retail agency on a diverse range of assets. Lizzie also has significant experience as a Project Manager having been responsible for a large National lease portfolio as well as gaining invaluable experience managing design, fitout and project delivery.

Lizzie brings her extensive knowledge to the team, with significant experience leading leasing teams in greenfield project developments, asset repositioning, redevelopment strategy planning and static centre leasing. Lizzie is FSREC’s first in-house Leasing Manager, focused on working to deliver strong commercial returns for the portfolio.

Viet Ngo
Viet NgoLeasing Manager - NSW
Viet has recently joined FSREC managing the leasing in the FSREC NSW retail portfolio.

With over 8 years of retail real estate experience at Colliers International, Western Sydney University and AMP Capital, Viet has extensive experience in greenfield and brownfield developments for private and institutional landlords. Viet has worked on a range of assets and has specialised in master planning, project leasing, tenancy design and delivery, which has provided valuable insight into maximising the return for retail projects and assets.

Responsible Entity

Stuart Nisbett
Stuart NisbettBCom, MCom (UNSW), CA – Independent Chairman of the Responsible Entity
Stuart Nisbett is currently the Managing Director and Principal at Archerfield Capital Partners, a boutique corporate advisory firm specialising in real estate, which he established in 2008. He has more than 25 years’ experience in property development, property funds management, equity and debt raising, corporate advisory and project finance.

Previously, Stuart was Executive Director, Head of Property Funds at ANZ Investment Bank. He was also the Managing Director, Head of Property Banking & Property Investment Banking at N M Rothschild & Sons (Australia) Limited. Stuart has also held senior roles at director level at Macquarie Bank Property Investment Banking Division and at Lend Lease Corporation in its development and commercial asset management divisions.

Stuart holds a Bachelor of Commerce with Merit and a Masters of Commerce from the University of NSW, and in 2005 was appointed a Fellow of the Australian Property Institute.

Peter Shear
Peter ShearBBus (UTS), EMBA (AGSM), CA – Independent Director of the Responsible Entity
Peter joined the board of the Responsible Entity as an independent Director in December 2019. Peter has significant expertise in funds management, financial advisory and complex lending arrangements including leveraged finance, property development and debt workout situations. Peter was most recently Co-Managing Partner of Opportunistic Lending and Special Situations at LIM Advisors. Prior to this role, Peter held the positions of Chief Risk Officer and Managing Director & Head of Corporate and Structured Finance at Lloyds Banking Group (and its predecessor HBOS plc) in Australia. Peter was also previously a Partner in Corporate Finance & Restructuring at Ernst & Young.

He has had various advisory and non-executive director roles for global credit funds and was the NRL’s Board representative on Newcastle Knights Rugby League.

Peter has a Bachelor of Business from the University of Technology Sydney, an Executive MBA from AGSM, is a member of Chartered Accountants Australia and New Zealand, a Fellow of FINSIA and a Graduate Member of the Australian Institute of Company Directors.

Warwick Keneally
Warwick KeneallyBCom, BEc, CA - Director of the Responsible Entity
Warwick is currently a Director of the Responsible Entity for Cordish Dixon Private Equity Fund I, II & III, Emerging Markets Masters Fund, Fort Street Real Estate Capital Fund I, II & III, US Masters Residential Property Fund and New Energy Solar Fund.

Warwick is Head of Finance at Walsh & Company, the funds management division of Evans Dixon Group. Before joining Walsh & Company, Warwick worked in chartered accounting firms specialising in turnaround and restructuring. Warwick started his career with KPMG, working in their Canberra, Sydney and London offices – and has undertaken a range of complex restructuring and insolvency engagements across Europe, UK and Australia, for a range of Australian, UK, European and USA banks.

Warwick has worked with companies and lenders to develop and implement strategic business options, provide advice in relation to continuous disclosure requirements, develop cash forecasting training for national firms, and lectured on cash management. Among his former roles, Warwick worked on the initial stages of the HIH insolvency – as part of the key management group tasked with the wind-down of the global estate.

Warwick has a Bachelor of Economics and Bachelor of Commerce from Australian National University and is a Chartered Accountant.

Mike Adams
Mike AdamsLLB (Otago) - Director of the Responsible Entity
Mike has extensive experience across a broad range of corporate, commercial and private client sectors. His core practice areas involve the provision of advice and transactional expertise in relation to new and existing retail financial products and the regulatory framework within which they operate, as well as debt and equity financing, intellectual property, and film and television media law among others., Mike has previously worked in private practice, public sector and in-house roles in Australia, New Zealand and the United Kingdom, acting across multiple industries for a variety of clients, including high-net-worth individuals, banks and financial institutions, as well as numerous listed and unlisted corporate entities.

Mike is also a director with Barnett Law, a Sydney-based financial services law firm, and is admitted as a solicitor of the Supreme Court of NSW. He has a Bachelor of Laws from the University of Otago.