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Meet the family offices backing property float HomeCo

There’ll be no institutional investors on property play Home Consortium’s register when it starts trading on Monday – but there are plenty of heavyweights.

Family offices from Sydney and Melbourne piled into the $325 million initial public offering, so much so that former banker David Di Pilla and his board didn’t have to meet a fund manager as part of the float marketing.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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Original URL: https://www.afr.com/street-talk/meet-the-family-offices-backing-property-float-homeco-20191011-p52zx6