Fossicker Management

Tattarang is the primary holding entity for the Forrest family's private business interests, including Fossicker Management's portfolio companies such as Squadron Energy, Harvest Road, and R.M. Williams. A 2023 restructure separated the commercial assets under Tattarang from the Minderoo Foundation, which retains the family's philanthropic endowment. In practice, Andrew Forrest chairs both structures and joint strategic direction continues across the ecosystem.

The office allocates almost exclusively through direct, wholly-owned operating platforms rather than through third-party managed funds. Flagship holdings like Squadron Energy and Harvest Road are controlled entities with management teams reporting to the family's private group. There is no public record of meaningful fund-of-funds or LP commitments to external private equity or venture managers.

Energy transition is the single largest deployment category, executed through Squadron Energy in Australia and via the public entity Fortescue Future Industries globally. The office's thesis centers on green hydrogen, large-scale wind and solar generation, and the repurposing of industrial supply chains away from fossil fuels. Andrew Forrest has stated publicly that the family views decarbonization as both a moral imperative and the largest commercial opportunity of the century.

Andrew Forrest is the ultimate decision-maker on all material capital allocations, with Nicola Forrest an equal co-principal in family governance. Operating businesses like Squadron Energy have their own CEOs and boards, but strategic acquisitions and divestitures are approved directly by the Forrests through the Tattarang board. No external investment committee constraints apply.

The office has publicly divested from fossil fuels and will not invest in thermal coal, oil, or gas extraction — a posture tied to the family's advocacy against new fossil-fuel projects. There are no known allocations to tobacco, gambling, or defense contractors. The investment mandate is intentionally concentrated in sectors the principals believe align with long-term societal needs, notably renewable energy, sustainable food production, and Australian heritage brands.