April
- Opinion
- Investing
Caledonia’s $9b bet on Zillow hits an activist short seller wall
The hedge fund backed by some of Sydney’s wealthiest families says the real estate portal’s share price could triple by next year. Others think it will halve.
- Jemima Whyte
November 2023
How Oroton doubled its profit after years of turmoil
Oroton chief executive Jenny Child said regaining relevance and less discounting has been key to recording another year of growth.
- Carrie LaFrenz
How to wear a luxury handbag for free
In a crowded fashion market, the luxury brand is using augmented reality screens to allow customers to try on bags without setting foot in its stores.
- Updated
- Lauren Sams
September 2023
Caledonia still believes in this loss-making US property stock
Will Vicars’ hedge fund started investing in the real estate platform more than 10 years ago, and the Packer and Fairfax families followed.
- Primrose Riordan
August 2023
Inside the wild ride of Will Vicars’ Caledonia
Three decades since Caledonia, Australia’s largest and most private hedge fund, was created, it still follows its bigger bets with an almost religious fervour.
- Primrose Riordan and Jonathan Shapiro
July 2023
Will Vicars-backed Oneview Healthcare in $22m raising via Bells, MST
The listed healthcare software microcap, 31 per cent owned by the high-profile fundie, has two brokers drumming up interest in a $22 million raising.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June 2023
This CEO loses an hour at the office every morning – but it’s worth it
Jenny Child was a partner at McKinsey & Co when Will Vicars tapped her to lead Oroton in 2021. The change in career also changed her daily routine.
- Lauren Sams
January 2023
- Opinion
- Chanticleer
Caledonia hedge fund soars out of the red
Latest performance numbers from the high-profile hedge fund run by Will Vicars and Mike Messara show the big pendulum swings caused by a concentrated equity portfolio.
- Tony Boyd
December 2022
- Exclusive
- Retail
Oroton swings back to black in 2022
The leather good and fashion retailer posted strong double-digit sales growth over the year, but is bracing for a slowdown in 2023.
- Carrie LaFrenz
November 2022
Cranbrook governance crisis deepens as Jon North digs in
Yet another member of the elite school’s governing body has resigned in frustration.
- Joe Aston
August 2022
Will Vicars can’t stop crossing Lachlan Murdoch
Who knew that since 2013, Vicars has been a shareholder of Private Media, publisher of Crikey?
- Joe Aston
Caledonia rallies clients with 18-page essay amid underperformance
There’s a hot new publication out of Will Vicars and Mike Messara’s investment firm.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
July 2022
Caledonia, L1 hit by F45 wipeout
A Hollywood celebrity as the second-biggest shareholder was reason alone to short the stock; hedge funds must be kicking themselves.
- Updated
- Joe Aston
May 2022
Will Vicars gets richer, his clients get poorer
Vicars’ financial fortunes appear to have been decoupled from his clients’ – or should that be inverse correlated?
- Joe Aston
Smith Family Challenge survivors raise $1.2m
Every year the charity baits wealthy volunteers into enduring a 100 kilometre adventure course, featuring a sadistic mix of hiking, running, mountain biking and canoeing.
- Myriam Robin
Caledonia flagship fund down 21.9pc in March quarter, shrinks $1.5b
Will Vicars and Mike Messara’s Caledonia (Private) Investments’ flagship strategy posted a -21.9 per cent return for the March quarter, way behind MSCI World Index’s -4.5 per cent.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
March 2022
Oroton sales jump 16pc, led by online
Oroton sales jumped double digits, but its bottom line fell into the red after making investments in its digital and sales management systems.
- Carrie LaFrenz
February 2022
Will Vicars collects puppy... by private jet
It’s the jaded act of almost every Australian fund manager that they live the most ordinary lives. And then, there’s Caledonia’s chief.
- Joe Aston
January 2022
Caledonia flagship fund dusts 23pc, asks investors to think about 2025 forecasts
Will Vicars and Mike Messara are reminding investors of their past bounce-backs, after recording a horror quarter.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
December 2021
Caledonia buckles in for the ride at Zillow
No, it did not sell out.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
