Kestrel Capital

Kestrel Capital is a specialist alternatives manager established in 1996 in Sydney, Australia, focused on delivering superior risk-adjusted returns to investors across the economic cycle. The firm is executive-owned, with its investment team invested alongside clients in the strategies it manages. Kestrel invests across the corporate capital stack, spanning equities and structured capital, targeting Australasian-based growth companies with global potential in resources, IT, niche manufacturing, and services. It manages the Kestrel Structured Capital Fund, Kestrel Growth Companies Fund, and the KTT Fund. Kestrel's investment approach emphasizes structural protection paired with upside exposure, aiming for high risk-adjusted returns rather than pure growth speculation. Its criteria favor flexibility across capital-stack instruments tailored to each growth company's specific financing needs.