It's the sort of investment a traditional fund manager would never make. But when TDM Asset Management teamed up with Atlassian founder Mike Cannon-Brooks and US hedge fund Tiger Global to back fintech company Tyro, it provided another example of this Sydney-based firm's very different approach.

Where most money managers focus on a niche with a single asset class – small cap shares, for example – TDM, which manages $400 million, is open to any investment, public or private, an early-stage firm or a mature business, Australian or international.