Queens Lane Capital

Managing Director Nicholas Tsoumanis leads day-to-day investment operations and origination, overseeing a team that includes Managing Director Boris Rozenvasser and Investment Manager Tom Gherardin. Chairman Larry Kestelman maintains an active role in evaluating opportunities, bringing his entrepreneurial network and operational experience to bear on deal sourcing and portfolio strategy.

Queens Lane Capital operates as the dedicated private equity arm alongside the LK Group, Larry Kestelman's broader family office. The firms share infrastructure: LK Group's General Counsel, CFO, and Tax and Compliance Manager all support Queens Lane Capital's portfolio companies. Boris Rozenvasser serves as Managing Director of Queens Lane Capital while simultaneously acting as CEO of the LK Group.

The firm's own website emphasizes its independence from external committees, suggesting a family-backed capital base rather than a blind-pool fund with outside limited partners. It does not publicly disclose whether it has accepted institutional third-party commitments, but its decision-making structure and permanent-capital narrative align with a single-family-origin balance sheet.

Queens Lane Capital pursues control buyouts, management buyouts, growth equity investments, and special-situation deals including distressed acquisitions and subsidiary carve-outs. Its stated A$10 million to A$50 million equity check size places it in the lower mid-market, where it can take majority stakes and actively partner with management teams on operational and strategic initiatives.

The firm describes itself as industry-agnostic but expresses a particular passion for consumer-facing businesses. Its disclosed portfolio — Daniel's Donuts, Brand Collective Group, The PAS Group, Hypnos Group, and Petra Industries — contains only consumer and retail-related companies. No positions in resources, healthcare, enterprise software, or heavy industrials have been publicly identified.

Chairman Larry Kestelman is best known as the founder of Dodo, an Australian telecommunications and utilities provider he built into a significant challenger brand before exiting. He co-founded Queens Lane Capital with Nicholas Tsoumanis, who previously worked across law, banking, and private equity and holds an MBA from London Business School.

All five disclosed portfolio companies operate primarily in Australia, and the firm's website frames its mandate exclusively around the Australian market. No non-Australian investments or international offices have been announced.