Industry Funds Management Pty Ltd (Melbourne)

Name: Industry Funds Management Pty Ltd
Address: Level 29, 2 Lonsdale Street, Melbourne, 3000
Telephone: 61 3 8672 5300

Industry Funds Management Pty Ltd is an adviser based in Melbourne. It manages $42.2 billion of regulatory assets for 67 client accounts. It has been registered with the SEC as an adviser since 2013.

Industry Funds Management Pty provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Industry Funds Management Pty: assets under management

The assets under management (AUM) of Industry Funds Management Pty Ltd is $42.2 billion. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $34.39 billion in discretionary accounts and $7.8 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $573.24 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.11 billion.

Industry Funds Management Pty has custody of $26.03 billion in cash and securities for 60 clients in total and its related person acts as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Industry Funds Management Pty Ltd for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Industry Funds Management Pty Ltd

Garry Arthur Weaven has been acting as President since 1 Dec 2003. Gabriel Gati joined the executive team most recently as the Chief Compliance Officer And Principal Risk And Compliance.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ifm Holdings Pty Ltd	Member	1 Dec 2003	75% - 100%	foreign entity
Garry Arthur Weaven	Director	1 Dec 2003	Other	6042368
Phillip Dowman	Chief financial officer/chief operations officer	1 Jun 2006	Other	6042372
Brian John Pollock	Director	1 Feb 2007	Other	6042369
Joshua Lim	Chief legal officer	1 Apr 2007	Other	6042374
Brett Himbury	Chief executive officer	1 Apr 2009	Other	5780451
Michael Anthony Migro	Director	1 Nov 2009	Other	4518525
Murray Edward Bleach	Director	1 Feb 2010	Other	4380982
Glenn Bunney	Director	1 Aug 2012	Other	6255323
Linda Rubenstein	Director	1 Jan 2013	Other	6255324
Gabriel Gati	Chief compliance officer and principal - risk and compliance	1 Sep 2013	Other	6255321

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Industry Super Holdings Pty Ltd	Shareholder	1 Jan 2007	75% - 100%	foreign entity
Australiansuper Pty Ltd Atf Australiansuper	Shareholder	1 Jan 2007	25% - 50%	foreign entity

Based in Melbourne

The principal office where Industry Funds Management Pty Ltd performs its advisory services is located at Level 29, 2 Lonsdale Street, Melbourne, 3000, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 61 3 8672 5300 or by fax 61 3 8672 5301. The normal business hours are 9 a.m. - 6 p.m. on Monday - Friday. You can find more information about the New York firm at www.industryfundsmanagement.com.