Updated:
Costa Asset Management
Costa Asset Management was established in 2011 by brothers Robert and Anthony Costa after the partial sale and public listing of Costa Group.
Costa Asset Management
Costa Asset Management was established in 2011 by brothers Robert and Anthony Costa after the partial sale and public listing of Costa Group. Anthony Costa died in 2017. The office continues under Robert Costa as chairman with Liza Whitmore serving as managing director and CEO. The firm deploys capital through direct co-investments and SPVs in agriculture, real estate and private equity. Confirmed holdings include a 50 percent interest in goFARM Australia, ownership of IDL (formerly Idyll Wine Co), and positions in LAB Group and Symple Loans. Geographic reach covers Oceania, North America, Europe, Asia and Africa. Property activity includes joint ventures such as CostaFox Developments and industrial sites partnered with Brix Property Group. The office reports no disclosed headcount or AUM figure. It maintains the Anthony Costa Foundation, established in 2015, which has directed grants to Geelong Gallery, Kids Plus Foundation and a $10 million pledge to Geelong Football Club. Robert Costa spoke at the 2024 Interview event on property and philanthropy. Additional offices are not disclosed. The family retains ownership of legacy operating companies and water rights alongside financial assets. This integrated ownership model distinguishes the office from pure investment vehicles and ties capital allocation directly to the original agribusiness operations.
General information
Firm type
Single Family Office
Year founded
2011
AUM
Undisclosed
Location
Region
Oceania
Country
Australia
City
Geelong
Corporate office
174 Moorabool Street, Geelong, VIC 3220 Australia
Principals
Robert Costa
Chairman and Co-founder
Liza Whitmore
Managing Director and CEO
Anthony Costa
Co-founder
Sector focus
Frequently asked questions
Who runs investment decisions at Costa Asset Management?
Robert Costa serves as chairman. Liza Whitmore acts as managing director and CEO. Both maintain oversight of allocations and partnerships.
How does Costa Asset Management source proprietary deal flow?
The firm identifies opportunities through existing operating businesses such as goFARM and through local Geelong networks. It also participates in joint ventures with partners including Brix Property Group.
Does Costa Asset Management participate in fund commitments or only direct deals?
The office executes direct co-investments and SPVs. It holds limited partner positions in LAB Group and Blue Orbit Asset Management alongside direct ownership of operating companies.
What investment stages does Costa Asset Management typically target?
Confirmed activity spans early stage and growth investments. Holdings include both startups and established operating businesses in agriculture and financial services.
Where does the underlying wealth come from?
The capital originated from the Costa family's fresh-produce operations. Partial sale and ASX listing of Costa Group in 2011 generated the liquidity now managed by the office.
Does Costa Asset Management maintain philanthropic structures?
Yes. The Anthony Costa Foundation, established in 2015, directs grants to education, health and community projects in Greater Geelong. Notable pledges include support for Geelong Football Club.
What is Costa Asset Management's known posture on co-investments alongside external GPs?
The firm actively co-invests with partners. Examples include the LAB Group relationship and property joint ventures with CostaFox and Brix Property Group.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: