Our capital sits beside yours, at the same price and on the same terms, via our balance sheet or through Aliwa Alpha Fund, our micro-cap fund that has returned >20% p.a.net since inception nine years ago.
What the club is
We only bring the Club deals we are investing in ourselves. You invest on the same price, terms and timing as our own capital. Our high-conviction model means we have a limited number of opportunities each year.
✓ We only send what we’re investing in ourselves
✓ You invest beside us, same price and terms
✓ Every member is treated as a partner
✓ Kept small on purpose
Our approach
We only invite the Club into opportunities we are backing ourselves. Fewer high conviction positions. If we are not investing on the same price and terms, we do not send it.
Our capital sits beside yours, at the same price and on the same terms, via our balance sheet or through Aliwa Alpha Fund, our micro-cap fund that has returned >20% p.a.net since inception nine years ago.
Every opportunity is originated, researched and before we distribute it. We pride ourselves on register construction, and it shows in how the companies we back tend to trade after the raise.
Our filter
Four criteria have to line up before we take on a mandate and invest our own capital. We review hundreds of opportunities a year. A handful make it through.
A strong macro thematic behind the company. We identify structural growth opportunities, often before the market does.
Risk skewed to the upside, with the downside understood and sized before we commit.
Clearly defined re-rating milestones. Specific, near and medium-term events that represent key inflection points in the business.
Aligned, experienced management. A backable team with the incentives to deliver against the identified milestones.
WHAT MEMBERSHIP GIVES YOU
We host briefings and investor lunches and dinners where management present, take your questions and meet new and prospective shareholders.
You also receive first look at new opportunities, regular updates and our own analysis on the companies you’re invested in.
Track record
Recent mandates where Powerhouse acted as lead manager or corporate adviser and invested alongside the Club.
Because these placements are offered without a disclosure document under Chapter 6D of the Corporations Act 2001 (Cth), we can only invite people who meet one of the wholesale investor tests below. Most members qualify under s708(8).
Net assets of at least A$2.5 million, or gross income of at least A$250,000 in each of the last two financial years — evidenced by a certificate from a qualified accountant, valid for two years.
AFS licensees, trustees of large super funds, or listed entities, or a person controlling gross assets of at least A$10 million. No accountant’s certificate required.
An AFS licensee is satisfied you can assess the offer on its merits. Requires a written assessment and your acknowledgement. Applied case by case.
How to join
Complete the form below covering your investor category, typical bid size and the sectors you want to see.
Upload your s708 certificate, or download our template and forward it to your accountant.
A straightforward online KYC process that takes a few minutes.
Deals settle to a HIN of your choosing. There is no need to open a trading account with us.
APPLY FOR ACCESS
Membership is free, and there is no obligation to participate in any deal. We will come back to you within one business day.
We value the people who invest alongside us and would welcome a conversation.
Corporate Advisor
Conor brings expertise in ECM and corporate advisory, with a track record in transactions and capital raisings for ASX-listed and private companies. He advises institutional and wholesale clients across ECM, corporate advisory, M&A, and private equity transactions in the childcare sector. Conor has 6+ years at a boutique corporate advisory firm in Melbourne; a BA in Politics & International Relations (University of Melbourne) and Kaplan Tier 1 Securities certification.
Investment Manager
Will has worked with the Aliwa Alpha fund for over 3 years and has prior experience in small and mid-cap equities across both tech and industrials. Prior to working at the Alpha Fund, William spent 3 years at a boutique research firm providing stock coverage to Australia’s top small and mid-cap institutional fund managers. Before entering financial markets, William worked in technology consulting at Gartner International and ran operations and analysis at a successful Brisbane based SaaS startup.
Advisor
Ben has a diverse and accomplished background in business and technology. He has led, founded, and successfully exited businesses in the IT and medical devices industries, showcasing his entrepreneurial skills and ability to navigate complex technological sectors. For the past 2 and a half years, Ben has acted as Investment officer at PVL and provided research and analytical capabilities to the PVL investment team.
Head of Advisory
Richard has over 14 years of expertise across corporate advisory, equity capital markets, institutional sales and equities research. He specialises in advising ASX-listed and private companies on capital raisings, the ASX listing journey, secondary issues and M&A. Richard is passionate about structural growth opportunities, special situations and advising public companies on capital markets strategy.
Executive Director
Doron is a tech entrepreneur and venture capitalist with over a decade of senior leadership experience on both sides of the industry. He’s a Partner in SIBF, an Israeli Venture Capital firm with expertise in corporate strategy, business development, M&A, and go-to-market strategies. He is deeply involved in VC leveraging his extensive background to identify and nurture high-potential startups. He has held various managing positions in both private and public companies, driving growth, spearheading strategic initiatives, and facilitating successful exits. His passion lies in fostering innovation and guiding businesses toward sustainable success.
Executive Director
Dave is the founder and Portfolio Manager at Aliwa Funds Management, a boutique investment firm focused on finding, investing in, and helping Australia’s best emerging companies. His role has naturally extended to taking an active role with board and management teams helping them deliver on execution, strategies and capital market initiatives. He has invested in a broad range of sectors and built strong relationships with industry experts and investment networks.
Executive Chairman
James is a seasoned executive and investment banker. With 20+ years at Macquarie Group in senior roles, he was involved in commodities, derivatives, investment banking, funds structuring and group-wide strategies. Further, James is a long-time investor in quantum computing, materials science and other next frontier technologies, and has a passion for improving the sovereign capability of Australia through the commercialization of its research and IP capabilities.