Colonial First State Managed Infrastructure Limited (Barangaroo, Nsw)

Name: Colonial First State Managed Infrastructure Limited
Address: Level 5 Tower 3, International Towers, Barangaroo, Nsw, 2000
Telephone: +61 2 9303 4155

Colonial First State Managed Infrastructure Limited is a large advisory firm based in Barangaroo, Nsw. It manages $5.64 billion of regulatory assets for 31 client accounts. It has been registered with the SEC as an adviser since 2016.

Colonial First State Managed Infrastructure Limited provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Colonial First State Managed Infrastructure Limited: assets under management

The assets under management (AUM) of Colonial First State Managed Infrastructure Limited is $5.64 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 274% since the beginning of its operation, and $5.64 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.64 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $181.8 million each.

Colonial First State Managed Infrastructure Limited has custody of $1.48 billion in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 88% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 12% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Colonial First State Managed Infrastructure Limited for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Mark John Lazberger serves?

The firm provides services to insurance companies, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Mark John Lazberger is pooled investment vehicles with 23 clients and $4.96 billion of assets under management. Among the 9 most similar advisory firms, Colonial First State Managed Infrastructure Limited has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.64 billion for 31 clients. 100% of the firm’s clients are foreign persons or businesses.

Colonial First State Managed Infrastructure Limited also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Colonial First State Managed Infrastructure Limited

The company employs 36 people that are either part- or full-time employees. 64 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Mark John Lazberger has been acting as President since 1 Oct 2013. Suzanne Clare Evans joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Perry Andrew Clausen	Head of global infrastructure investments	1 Jan 2007	Other	6651442
Pascal Kasimba	Chief legal officer	1 Sep 2013	Other	6674805
Mark John Lazberger	Director	1 Oct 2013	Other	5627953
Andrew Michael Cummins	Director	1 Oct 2013	Other	6010746
Susan Turner	Director	1 Oct 2013	Other	6328036
Giuseppe Flex	Chief compliance officer	1 May 2014	Other	5374713
Joe Flex	Chief compliance officer	1 May 2014	Other	5374713
Brian John Hollingworth	Director	1 Jan 2015	Other	6658074
Andrew Gregory Plum	Chief financial officer	1 Aug 2016	Other	6527030
Andrew Craig Doyle	Chief financial officer	1 Feb 2017	Other	6759034
Mark David Steinberg	Chief operating officer	1 Feb 2018	Other	6916500
Elizabeth Ann Hastilow	Director and chief legal officer	1 Feb 2018	Other	6917761
Mark David Steinberg	Chief executive officer	1 Oct 2018	Other	6916500
David Geoffrey Dixon	Director	1 Oct 2018	Other	5079210
Robert Gordon Scott	Chief operating officer	1 Jun 2019	Other	5695143
Suzanne Clare Evans	Chief financial officer	1 Aug 2019	Other	7167881
Carol Australia Holdings Pty Limited	Beneficial owner	1 Aug 2019	75% - 100%	foreign
First Sentier Investors Holdings Pty Ltd	Beneficial owner	1 Aug 2019	75% - 100%	foreign

Indirect Owners

The SEC currently registers 10 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Colonial First State Group Limited	Shareholder	1 May 1996	75% - 100%	foreign
Colonial First State Group Limited	Shareholder	1 May 2005	75% - 100%	foreign
Commonwealth Insurance Holdings Limited	Shareholder	1 May 2005	75% - 100%	foreign
Colonial Holding Company Limited	Shareholder	1 May 2005	75% - 100%	foreign
Commonwealth Bank Of Australia	Shareholder	1 May 2005	75% - 100%	foreign
Inc. Mitsubishi Ufj Financial Group	Head parent company	1 Oct 2005	75% - 100%	foreign
Commonwealth Insurance Holdings Limited	Shareholder	1 Apr 2006	75% - 100%	foreign
Colonial Holding Company Limited	Shareholder	1 Apr 2006	75% - 100%	foreign
Commonwealth Bank Of Australia	Shareholder	1 Apr 2006	75% - 100%	foreign
Mitsubishi Ufj Trust And Banking Corporation	Shareholder	1 Aug 2019	75% - 100%	foreign

Based in Barangaroo, Nsw

The principal office where Colonial First State Managed Infrastructure Limited performs its advisory services is located at Level 5 Tower 3, International Towers, Barangaroo, Nsw, 2000, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number +61 2 9303 4155. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at cfsgam.com.au and its LinkedIn profile.