Single Family Office

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Sypkes Group

The Sypkes family began building retail businesses in Tasmania more than sixty years ago. Andrew Sypkes serves as CEO of the family office that now manages the...

Sypkes Group logo

Sypkes Group

The Sypkes family began building retail businesses in Tasmania more than sixty years ago. Andrew Sypkes serves as CEO of the family office that now manages the capital generated by the sale of those chains to listed buyers. The office sits in Hobart and operates as the central vehicle for both investment and philanthropic decisions. Capital is deployed across real estate, private equity via direct technology investments, and listed securities. Confirmed positions include stakes tied to Aconex co-founder Peter Sypkes and co-investments alongside Leigh Jasper in various technology ventures. The portfolio spans Seed through Series G rounds and incorporates fund-of-funds commitments and secondaries. Geographic reach covers Oceania as the core base plus allocations into North America, Europe, Asia, and Africa. The professional team includes five named partners and managers who handle property, investments, and operations from the Hobart headquarters. The Sypkes Family Foundation channels support to lung-disease research, Christian organizations, and local community projects. No material leadership or structural changes have been recorded in the last twenty-four months. A structural feature is the integration of legacy Tasmanian property holdings with an active venture program that draws on family members' prior operating experience in software and retail. This mix produces both direct co-investment opportunities and a long-duration real-asset anchor that shapes liquidity and risk decisions differently from pure financial family offices.

General information

Firm type

Single Family Office

Location

Region

Oceania

Country

Australia

City

Hobart

Corporate office

Hobart, Tasmania, Australia

Principals

Andrew Sypkes

CEO

Peter Sypkes

Partner

James Margetts

Partner

Ricki Friede

Investment Manager

Stuart Davey Sypkes

Director of Property

Sector focus

PropTechFinTechEnergy Transition & RenewablesAgriTech & FoodTechDigital HealthInsurTechEdTech

Frequently asked questions

Who runs investment decisions at Sypkes Group?

Andrew Sypkes serves as CEO and directs overall capital allocation. Peter Sypkes, James Margetts, Ricki Friede, and Stuart Davey Sypkes hold partner or manager titles and participate in day-to-day investment and property decisions.

How does Sypkes Group source proprietary deal flow?

Sourcing occurs through the operating histories of family members in retail and software, co-investor relationships such as those with Leigh Jasper, and direct outreach to Tasmanian and international technology companies.

Does Sypkes Group participate in fund commitments or only direct deals?

The firm uses both approaches. It makes direct co-investments and SPV positions in technology companies while also committing to managed funds and secondaries.

What investment stages does Sypkes Group typically target?

The office targets Seed through Series G rounds in private technology companies alongside public equities and commercial real estate.

Where does the underlying wealth come from?

Wealth originated from the Sypkes family's ownership of Purity Supermarket and Chickenfeed Bargain Store chains, which were sold to ASX-listed companies in the early 1980s and 2000s.

Does Sypkes Group maintain philanthropic structures, and how are they separated?

The Sypkes Family Foundation operates as the dedicated vehicle for grants focused on medical research, community development, and faith-based organizations.

What is Sypkes Group's known posture on co-investments alongside external GPs?

The firm executes direct co-investments and participates alongside external managers in technology ventures, particularly those connected to prior operating relationships.

Profile maintained by 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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