Principals
Fifth Estate is a collaboration between DCM BlueLake, a Sydney-based family office, and Centennial Asset Management, an independent Australian funds management business with a small-cap focus.
Daniel Droga
Daniel is the co-founder and Chief Investment Officer of BlueLake Partners a privately-funded, alternate asset management company, which he established 20 years ago. Over that time, BlueLake has consistently outperformed the market across all cycles.
Matthew Kidman
Matthew is a co-founder and Principal of Centennial Asset Management, manager of The Level 18 Fund, which has delivered compound returns of 17% p.a. since its inception.
Prior to that, Matthew was the CIO at Wilson Asset Management for 13 years, helping to build the business and deliver an excellent long-term investment track record, achieving compound returns of 18% p.a. over that period.
Gary Joffe
Gary is a co-founder and Principal of Centennial Asset Management, manager of The Level 18 Fund, which has delivered compound returns of 17% p.a. since its inception.
Prior to that, Gary worked at CPH and Ellerston Capital for 10 years as a member of the investment team that saw the establishment and growth of Ellerston Capital's portfolio to more than $4b of funds under management.
The Investment Team
The Fifth Estate Emerging Companies Fund II was successfully launched in July 2023 and is now closed to new investment. Please contact us for more details.
Level 20, Gateway Building,
1 Macquarie Pl, Sydney NSW 2000, Australia
+61 2 8071 9215 investors@fifthestatefunds.com.au