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MGD Private
MGD Private was founded in 1976 and is led by Executive Chairman Brett Schmidt. The firm operates from Brisbane and has spent 49 years advising Australia's...
MGD Private
MGD Private was founded in 1976 and is led by Executive Chairman Brett Schmidt. The firm operates from Brisbane and has spent 49 years advising Australia's controlling business families through enterprise exits, generational transitions and legacy structuring. Its stated client base includes entrepreneurs and family offices with complex cross-border capital needs. The firm cites five-time MotoGP World Champion Mick Doohan as a private client since 1998. The firm advises on an institutional open-architecture model, bringing together specialist partners across tax, legal, corporate governance and transactions to serve each family’s investment strategy. Instead of promoting a single fund, MGD operates through an Investment Governance pillar that formalizes charters, liquidity strategies and delegation frameworks. The firm chairs investment committees directly and has built a pipeline spanning private credit, real estate and infrastructure. Deployment guidance is anchored to the AUD 2.2bn-plus portfolio it advises, giving families access to opportunities typically secured only through institutional networks. Geographic focus remains Australia-headquartered, but the advisory footprint extends to families with international migration and foreign-investment requirements. MGD Private fields an eight-person leadership team including Paul Bodimeade as Head of Corporate Finance and Ling Dias as Head of Tax, positioning it as a compact advisory practice rather than a large-scale asset gatherer. Executive Chairman Brett Schmidt is joined by Investment Specialist Tom Schmidt, indicating a multi-generational leadership team within the firm itself. The firm provides a Next Generation program that educates rising family members on enterprise structure, governance language and purpose-driven investment. MGD does not operate a proprietary fund family or disclose a balance-sheet deployment; its model centers on curating external managers and direct co-investment processes through an open-architecture advice partnership. MGD Private’s structural differentiator is its embedded governance-first posture: the firm acts as an outsourced family office that designs family councils, ownership protocols and succession strategies before any capital is allocated. This formalized Family Enterprise Governance framework separates MGD from typical wealth managers by treating the operating business, family dynamics and investment portfolio as one integrated mandate. For founder-led families navigating exit or generational handover, the governance construct becomes the primary product, with investment execution following the governance design.
General information
Firm type
Multi Family Office
Year founded
1976
AUM
AUD 2.2bn+ (per firm website)
Location
Region
Oceania
Country
Australia
City
Brisbane
Corporate office
Brisbane, Australia
Principals
Brett Schmidt
Executive Chairman
Paul Bodimeade
Head of Corporate Finance
Stephen Furness
Chief Investment Officer
Ling Dias
Head of Tax
Tom Schmidt
Investment Specialist
Robbie Parkinson
Private Client Adviser
Lynette Chambers
Family Office Manager
Tia Queen
Private Client Experience and Brand Manager
Sector focus
Frequently asked questions
Who runs investment decisions at MGD Private?
Stephen Furness is MGD Private's Chief Investment Officer. He oversees the investment governance framework, chairs family investment committees and formalizes portfolio construction parameters, including liquidity strategies and delegation rules. The firm's open-architecture model means Furness curates external managers rather than managing a proprietary fund.
Is MGD Private a single family office or does it serve multiple families?
MGD Private operates as a multi-family office serving Australia's leading business families. The firm states it can act as a family office or advise an existing family office, providing governance, corporate finance, tax, and investment services to multiple unrelated founder-led enterprises and family groups.
Does MGD Private participate in fund commitments or only direct deals?
MGD Private employs an open-architecture model, curating access to institutional-grade fund managers across private credit, real estate and infrastructure, while also facilitating direct co-investment processes. The firm chairs client investment committees and constructs portfolios with a mix of fund commitments and direct opportunities, depending on each family’s governance charter and liquidity profile.
What investment stages and asset classes does MGD Private typically target?
MGD Private’s advisory portfolio spans private credit, real estate and infrastructure. The firm does not disclose a dedicated venture or growth-equity allocation, focusing instead on institutional private-market assets that align with the long-duration capital and governance needs of multigenerational business families.
How does MGD Private source proprietary deal flow?
MGD relies on a network of specialist legal, tax, investment and transaction professionals that it curates through institutional relationships. This open-architecture partnership model gives clients access to a rare tier of advisers typically reserved for large institutional investors, rather than a captive in-house deal origination team.
What is MGD Private's posture on co-investments alongside external GPs?
The firm facilitates co-investment opportunities through its curated external manager relationships and open-architecture platform. Client investment committees, often chaired by MGD, evaluate co-investments within the boundaries set by each family’s investment charter and delegation framework.
How is MGD Private related to MGD Wealth?
MGD Private appears to be the dedicated family-office and private-wealth division of MGD Wealth, an Australian advisory group. The parent entity provides accounting, tax and business advisory services, while MGD Private delivers the governance and investment stewardship layer for significant family enterprises and their owners.
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.
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