Arowana’s asset management business was initially established in 2007 with the launch of its inaugural fund, the Arowana Capital Australasian MicroCap PE Fund 1 (AMPEF 1). This inaugural fund was one of only a minority of 2007 vintage funds globally that were able to successfully navigate the global financial crisis (GFC) and deliver a top quartile return. Following the successful realisation of this fund in June 2013, Arowana proceeded to formalise the establishment of a specialist asset management business. Between July 2014 and December 2014, it launched two new funds, being the Arowana Australasian Special Situations Fund (AASSF 1) and the Arowana Australasian Value Opportunities Fund (AAVOF), which is now publicly listed and known as the Arowana Contrarian Value Fund (ACVF).
As a Certified B Corporation, the asset management business is committed to operating and investing in accordance with the B Corp principles and fundamentally believes that sustainable investing is not mutually exclusive with superior returns.