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Rae Capital
Rae Capital traces its roots to Gull Petroleum, founded in 1976 by Fred Rae and later led by his son Neil Rae. The company grew into one of Australasia's...
Rae Capital
Rae Capital traces its roots to Gull Petroleum, founded in 1976 by Fred Rae and later led by his son Neil Rae. The company grew into one of Australasia's largest independent fuel retailers before its sale. Rae Capital now manages the resulting family wealth through a disciplined portfolio construction process. The firm targets growth and seed-stage opportunities in alternative VC models, private equity, and real estate. Geographic reach spans Africa, Asia, Europe, North America, Oceania, and South America. Technology emphases include AI/ML, cybersecurity, edge and IoT, and enterprise software. No specific portfolio holdings appear in public records. Team size and additional offices remain undisclosed. Simon Higgins also serves as Chairman of Mayfield Group Holdings and participates in Perth Angels. Neil Rae holds a deputy chair role at Warpnine, a cancer research nonprofit. The Rae Family Foundation handles philanthropic activities. No operational events from the last 24 months are recorded in available sources.
General information
Firm type
Single Family Office
Year founded
2013
Location
Region
Oceania
Country
Australia
City
Perth
Corporate office
50 Ord Street, West Perth, WA 6005, Australia
Principals
Neil Rae
Director
Altss tracks 2 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
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Frequently asked questions
Who runs investment decisions at Rae Capital?
Neil Rae serves as Director. Simon Higgins acts as Chief Operating Officer and Kheng Lai Lim as Chief Financial Officer.
Where does the underlying wealth come from?
The capital originates from the sale of Gull Petroleum, founded in 1976 by Fred Rae and expanded under Neil Rae into one of Australasia's largest independent fuel retailers.
What investment stages does Rae Capital typically target?
The firm focuses on growth and seed stages through alternative VC models, private equity, and real estate.
Does Rae Capital participate in fund commitments or only direct deals?
Rae Capital pursues direct investments, co-investments, and partnerships with select managers.
How is Rae Capital related to philanthropic structures?
The Rae Family Foundation manages giving. Neil Rae serves as Deputy Chair of Warpnine, a cancer research nonprofit, and Simon Higgins is a founding champion of Arts Impact WA.
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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