March
A 63pc premium for Just Eats? Major investor Caledonia is unimpressed
The food delivery sector is red-hot for deals despite some spectacular blow-ups. That land grab has come to one of the high-profile fund’s core holdings.
July 2024
Will Vicars and Caledonia are still deep in the red
Financial year results from the fund manager show a 6.3 per cent gain in the month to June 30. Elsewhere, it’s a sea of woe.
April 2024
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.
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.
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.
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.
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.
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.
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.
January 2023
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.
December 2022
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.
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.
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?
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.
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.
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?
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.
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.
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.
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.