HMC Capital Limited Completes Acquisition of Alts Management Platform StratCap

HMC Capital Limited – an Australian Stock Exchange-listed alternative asset manager focused on high-conviction strategies spanning real estate, private equity, energy transition, private credit and digital infrastructure – has completed the $28.5 million acquisition of StratCap, an alternative investment management platform focused on digital infrastructure.

StratCap entered into a definitive agreement to be acquired by HMC in March 2024. In a subsequent April 2024 video, David Di Pilla, managing director and chief executive officer of HMC, discussed the asset manager’s capabilities and likely effects on StratCap’s digital infrastructure platform.

HMC Capital reported $8.5 billion in assets under management on behalf of individuals, large institutions, sovereign wealth funds, and pension funds.

Di Pilla and Jim Condon, managing partner at StratCap, spoke about the completed acquisition.

“We believe StratCap provides an important foundation for HMC to establish a large-scale digital infrastructure platform. The acquisition is consistent with our strategy to target sectors underpinned by compelling megatrends. Under HMC’s ownership, we have the potential to significantly accelerate StratCap’s growth, said Di Pilla.

Condon said that partnering with HMC “represents a pivotal moment in our journey. We believe their unparalleled reputation, coupled with a wealth of resources and expertise, helps position us for accelerated growth and sustained success.”

As previously reported by The DI Wire, StratCap expanded its executive leadership team earlier this year with Katie Peterson as vice president of national accounts and Andre Hatibi as vice president of internal sales.

StratCap is a specialist investment management platform focused on a wide range of digital economy assets with an emphasis on digital infrastructure, sustainability, and technology-centric sectors.

For more StratCap news, please visit their directory page.