McRae InvestmentsInvestment Director / Project Leader / Mining & Commodity Trading Leader
Jan. 2006 - Jan. 2013Perth, AustraliaThe firm’s investment focus and operations were based on the entrepreneurial style of Harold Clough. Its investments included nickel and coal mining operations in Indonesia, a waste management business, property development, technology commercialisation ventures, property developments, a tyre distribution business, an iron ore mine in Brazil and offshore oil and gas developments in PNG. I advised on, and frequently led, the evaluation of new opportunities and divestments from existing assets. I also often led discussions on investment evaluation, due diligence, financial modelling, risk mitigation, strategic planning and corporate structuring. I established and was the Chief Executive of the company’s Singapore-based nickel ore and coal trading business and successfully navigated the trade impacts of the GFC. I built and led the Group's prime US$100m+ trading relationships throughout Asia most notably with BHP Billiton, JFE Shoji and Holcim Cement. I also led the development of new mining QC systems (ROM to Customer) that optimised pricing across customers and unlocked a min. of $US6 a tonne price increase with no additional capital outlay. I guided the Group’s investment in medical equipment distributor Medevco from deal origination to exit via merger with Allied Medical Ltd and subsequent back door listing into BioMD Ltd. The group formed as a result is called Admedus Ltd (ASX:AHZ), a leading participant in the regenerative medicine market. McRae sold its shares in 2013 and achieved a ROI of > 250%. I led the Group's passive $500k investment in a digital mapping technology specialist Nearmap Ltd (ASX:NEA). McRae sold its shares in 2013 to achieve a ROI > 200%. I managed the firm’s investment in mining manufacturer and service provider Davies Wear Plates, led the talent engagement and subsequent turnaround in that investment for McRae.