A family investment office in Melbourne, managing one balance sheet across generations.

CD Portfolio Pty Ltd was incorporated on 1 January 2023 and holds the family's assets on its own balance sheet rather than through a fund. An Investment Policy Statement is reviewed annually; a small internal team executes day-to-day decisions; an independent custodian holds the assets.

The office has no marketing function and no external investor base.

No. The office manages only the founding family's capital and does not manage money for others.

Enquiries from professional advisers, family businesses and researchers are welcome and are handled as correspondence.

Five: listed Australian equities, international equities, direct property, fixed income and credit, infrastructure and real assets, and private family businesses. Each sleeve has a target range in the Investment Policy Statement.

No sleeve exists for diversification optics alone. Each must either produce visible cash flow, hedge inflation, or give the family access to cash flows it cannot reach domestically.

Cash and short-dated government and bank paper are sized against twelve months of operating costs, commitments and known obligations, so no asset has to be sold to meet one.

The trade-off is lower participation in calm markets.

No. There are no borrowings against the book, no margin facilities and no derivatives.

Debt would give a lender the right to end a position. Without it, holdings move only with the underlying businesses.

The office is at Level 3 / 685 Burke Road, Camberwell VIC 3124. Capital allocation decisions are reserved to the family; day-to-day implementation sits with the office team.

Audit, custody, specialist tax and legal advice are provided by external firms.

By an Investment Policy Statement reviewed by the family each year. It sets target ranges for each asset class, the maximum size of a single position, leverage limits and required liquidity.

Rebalancing within those ranges, and new positions below 3% of the book, are executed by the office. Positions above 3%, changes to policy, and any use of leverage, hedging or derivatives require family sign-off — in some cases unanimous.

Email info@cdportfolio.com.au or write to Level 3 / 685 Burke Road, Camberwell VIC 3124. Enquiries from professional advisers, family businesses, researchers and media are read by the office directly.

Please do not send investment applications or product offers. Introductions and substantive correspondence are answered, usually within two business days.