Long-Term Value Fund

Delivering shareholder value through strategic board engagement, disciplined capital deployment, and long-term value creation

The Tanarra LTV Fund offers wholesale investors access to a high-conviction, private equity-style strategy focused on listed Australian companies. Backed by Tanarra Capital’s deep expertise in value creation, the Fund targets underperforming businesses with clear potential for transformation.

Through active engagement and strategic influence, Tanarra works constructively with company boards and management to unlock long-term shareholder value.

Our Purpose

  • Private equity-style approach to listed equities
  • Focused, high-conviction portfolio
  • Demonstrated impact on portfolio companies
  • Managed by an experienced investment team

Investment Team

Vidhur Rangaswamy

Vidhur Rangaswamy

Portfolio Manager

Eka Nirapathpongporn

Eka Nirapathpongporn

Investment Director

Michael Millard

Michael Millard

Head of Capital Markets

Maynega Krishnananthan

Maynega Krishnananthan

Investment Manager

Andrew Dellios

Andrew Dellios

Investment Manager

Neil Vinson

Neil Vinson

Investment Manager

Fund Overview

Strategy Inception
November 2019
Fund Inception
November 2021
APIR Identification
PIM5119AU
Investment Approach
To hold a concentrated portfolio of Australian and New Zealand equities. To engage extensively and constructively with companies, and help them develop shareholder value enhancing strategies for the medium and long term
Investment Objective
To achieve returns in excess of the S&P/ASX 300 Accumulation Index over the medium to long-term (net of fees)
Investment Focus
Australian listed companies with long-term value creation opportunities
Holdings
Typically 6-12 stocks
Position Sizes
Typically between 5-20%
Minimum Investment
$25,000*
Fund Structure
Open-ended Australian Unit Trusts
Management Fees
1% p.a. Management Fee with a 20% Performance Fee over a High Watermark
Redemptions & Applications
Monthly^

*At our discretion we may waive or reduce this minimum requirement

^Withdrawal and redemption requests will be accepted monthly on the last day of each calendar month. All Investors who wish to make a withdrawal or redemption must provide the Manager with a redemption notice at least one calendar month prior to the proposed Redemption Date


How to Invest

Investment Information Links
Platform Availability

Netwealth

Praemium

Investment Memorandum Download

Portfolio Engagement

News and Insights Download
Corporate Governance Principles (February 2025) Download
Insignia Tanarra Statement (December 2024) Download
Letter to Lendlease Board (October 2024) Download
Letter to Healius Board (October 2024) Download
Letter to Healius Board (September 2024) Download

Investment Decks Download
Why Change is Essential (Healius, November 2023) Download
Performance and Governance Observations (Lendlease, April 2024) Download

Enquire Now

For more information, and to acces investor reports, enquire through the form below