We saw the need for truly independent and expert advice in treasury and the fixed interest markets. Our experience gained at global investment banks, broking houses and fund management firms, meant that we understood the opportunity for better outcomes for our clients. So, Laminar Capital was born in 2009.
Laminar Capital helps wholesale clients across the Asia Pacific region achieve their investment management and treasury management objectives. What sets us apart is our truly integrated approach that combines capital markets, investment management and advisory services to deliver true value for our clients.
Companies choose to work with us because they get to partner with investment and treasury specialists who will take the time to understand their business and investments. Our tailored solutions, deep sector expertise and efficient deal execution deliver great outcomes.
Laminar Capital is the market leader in delivering integrated treasury and fixed interest investment solutions.
Time in the market is invaluable. The Laminar Capital team has worked in fixed interest markets for over 20 years, giving them experience in every part of the market cycle. Our experience was gained working in international investment banks, fund managers and local ADIs. Each member of the Laminar Capital team is a fixed interest and Treasury specialist and a recognised leader in their field. You will always deal directly with a senior member of the team who understands your business and requirements.
Cameron provides Laminar with 30 years of financial markets experience focused on originating, structuring and managing fixed interest assets. Cameron founded Laminar in 2009 and his deep understanding of capital markets and treasury management has seen Laminar become a leading provider of fixed interest advice, investment management and treasury services.
With experience gained at global investment banks, broking houses and fund management firms, a strong focus on client relationships and a deep understanding of the operational aspects of the fixed interest markets, Cameron’s clients benefit from the knowledge and expertise accumulated over his career of servicing financial institutions, corporate clients and fund managers.
Cameron has a degree in banking and finance from Monash University, post graduate qualifications in applied finance and financial planning, is a Certified Finance and Treasury Professional and is a member of the Australian Institute of Company Directors.
Head of Capital Markets
Con is Head of Laminar’s Capital Markets Business and a Partner of the business. With 12 years of financial markets experience Con is responsible for all facets of the Capital Market’s business including senior and subordinated debt origination, for corporations and authorised deposit-taking institutions, and the daily trading flow of the company.
Primary debt origination exceeds $2 billion and the daily trading flow includes senior and subordinated fixed and floating rate notes, hybrid securities, and residential mortgage-backed securities (right across the capital structure). Con is the preferred dealer to a number of boutique funds and has long-established relationships with leading institutional and government accounts.
Con has a Masters in Applied Finance from Macquarie University, a Degree in Banking & Finance from Victoria University, and a Diploma of Financial Services (Financial Planning).
Head of Treasury Advisory
Matthew Findlay has 15 years financial markets experience covering ADI treasury, risk and securitisation management gained as a senior member of the treasury team at Heritage Bank, Australia’s largest mutual bank. Matthew was instrumental in growing their securitisation program which included bank funded warehousing, domestic and euro term RMBS transactions, and self-securitisation. Matthew also implemented treasury dealing and securitisation data management and reporting systems and managed the investment and derivative portfolios.
Most recently Matthew held the role of treasury manager at Bananacoast Community Credit Union (bcu) where he used his securitisation experience to establish their securitisation program, structure a multi-seller term RMBS transaction and manage the existing multi-seller warehouse. His responsibilities also included interest rate and liquidity risk systems, modelling, reporting and portfolio management.
Matthew has a Bachelor of Commerce from University of Southern Queensland and post graduate qualifications in applied finance and investment from Finsia.
Head of Business Development
Michael brings to Laminar Capital over 25 years of Fixed Interest Sales trading and management experience.
Prior to joining Laminar Michael spent 5 years as a Director of Fixed income at Ord Minnett with responsibilities for cash management and ASX listed Debt and Hybrid sales to the Wholesale and Institutional investor market.
Michael has held senior positions within Global and domestic Banks including as Managing Director of Fixed Income at Lehman Brothers and senior sales positions at Credit Suisse and National Australia Bank.
Michael’s knowledge and experience of a broad range of Fixed Income asset classes including Structured and Asset Backed Securities, Index Linked issues and Corporate and Government debt compliments the diversity of Laminar Capital.
Senior Relationship Manager
Michael is the Senior Dealer & Business Development Manager. With over 10 years of financial markets, treasury and banking experience with a proven track record, and great ability to share his enthusiasm for cash and fixed income investment products, helping take the complex and break it down into the simple for all clients. Michael is responsible for developing key market relationships and covers the breadth of Laminar’s products as well as assisting clients execute transactions in the fixed interest markets.
Michael joined the Laminar team in 2016. His most recent recent role was as the Senior Manager Treasury Funding at Suncorp Bank (Australia’s 5th largest bank) where he managed a national portfolio of wholesale clients totalling $7.5 billion. Michael has extensive experience in relationship management and business development; servicing clients within the institutional, corporate and government sectors.
Michael enjoy’s building long term business relationships and he take’s great pride in providing value to his clients in order to help meet their financial needs and goals through tailored investment solutions.
Michael has a Masters in International Economics and Finance from the University of Queensland, a Bachelor Degree in Commerce from Griffith University, and a Diploma of Financial Planner (RG146 Compliant).
Analyst / Junior Portfolio Manager
Rio Tjoa has 5 years financial markets and operational experience with exposures to foreign exchange, money market and financial data. Rio started his career at UBS AG in Singapore as FXMM Client Service Officer covering clients in the Asia Pacific region. Responsibilities included providing post-trade supports in areas such as settlement, confirmation, compliance, on-boarding and account maintenance.
Following Rio’s experience in Asia, he moved back home to Melbourne where he worked for Interactive Data as their Client Support Specialist. During his tenure with Interactive Data, one of his main responsibilities was to ensure the successful and timely delivery of financial data while maintaining key relationships with clients to fulfil their market data needs.
In 2016, Rio joined Laminar in the role of Dealers Assistant/Analyst. Since then his role has expanded to include responsibility for managing portfolios within Laminar’s fixed interest management and advisory business. Laminar’s clients now benefits from Rio’s understanding of the end to end process of transacting, managing and settling fixed interest assets.
He has a double degree in Bachelor of Commerce and Bachelor of Business Information Systems from Monash University. He is also a certified Financial Information Associate.
Stephen has worked in the finance industry for almost 40 years as a financial strategist and economist. His extensive career gives him the ability to understand not just what’s happening in the markets but what that means for investors and their portfolios.
Stephen has been a regular contributor to the business press in Australia and overseas commenting on the outlook for the global economy and investment markets.
Stephen’s long career includes 20 years as Australian Chief Economist for various large domestic and international banks. Stephen was the first Treasury Economist at Westpac where he spent time in London and New York.
He has managed money as the portfolio manager specialising in strategic asset allocation overlays for Westpac Investment Management, Sagitta and BT.
Stephen has worked in the economics department of the Bank of New South Wales/ Westpac where he was seconded to the Secretariat of the Australian Financial System Inquiry (Campbell Committee).
Manager Settlements and Operations
With 10 year’s experience working in back office functions, Brett has built a wide range of skills within settlements and compliance. Starting his banking career at the age of 22 in Treasury Settlement at the Bendigo and Adelaide Bank he quickly moved up the ranks into a Team Leader role where he was responsible for the authorization and successful completion of cash, fixed interest, derivatives and foreign exchange trades.
He later travelled to Belfast where he worked for Citibank as a trade surveillance officer. This involved monitoring Citibank trading activity in Equities and ETD products for insider trading, pre-arranged and layering just to name a few. He has since returned home and commenced employment with Laminar Capital in early 2015 as manager of settlements. Brett has worked in conjunction with software programmers to create and test systems to integrate with existing software and implement specialised applications for fixed interest and money market trading. Brett is responsible for the timely settlement of all financial markets transactions undertaken by Laminar.
Business Development Manager
Rod O’Dea has been actively involved in financial services for over thirty years. His roles have included treasury, commercial and consumer lending, funds management and business advisory services. He has held both state and national roles with Australian and international financial institutions.
Rod owns private financial services firm, Insignia Finance, plus represents Laminar Capital in Western Australia, assisting West Australian clients with their investment and treasury requirements.
Rod holds an MBA from Curtin University and a Bachelor of Finance from Curtin University, he is also a Fellow of the Association of Superannuation of Australian (ASFA) and the Financial Services Institute of Australia (FINSIA.
Mutual Bank Securitisation
“Securitisation is an in depth and highly regulated process which requires specialist skills and experience. Laminar have been able to provide a simple, efficient and cost effective programme structure which has assisted the Credit Union establish its internal securitisation facility and acquire the requisite internal knowledge to manage it ongoing.
A big thanks to Laminar for their help and support through this process, they’ve been great to work with.”
Ilya Karounos – Senior Manager Finance, Credit Union SA
Because of our hands-on market experience, Laminar was engaged to arrange and execute internal securitisation projects on behalf of some of Australia’s leading Mutual Banks. In these roles, Laminar:
- Delivered significant cost savings to clients through strong relationships with ratings agencies, lawyers and trustees
- Educated our clients to ensure they understood the project and their obligations under the transaction documentation, rather than simply executing the transaction on their behalf
- Delivered and closed six transactions simultaneously in a fraction of the time than those ADIs who chose to undertake the project alone
Securitisation is an in depth and highly regulated process which requires specialist skills and experience. Laminar have been able to provide a simple, efficient and cost effective programme structure which has assisted the Credit Union establish its internal securitisation facility and acquire the requisite internal knowledge to manage it ongoing.
A big thanks to Laminar for their help and support through this process, they’ve been great to work with.
Fixed Interest Advice & Administration
“Moelis Australia required a firm with specialist knowledge in fixed interest markets to assist us in streamlining the management and reporting of our over the counter fixed income assets. Cameron and his team of experts provide us the end to end service of buying, settling and reporting on fixed interest assets.”
Stanley Hsieh – Investment Manager Moelis Australia
Laminar Capital is recognised as a market leader in providing specialist fixed interest advice, deal execution and administration. Moelis chose Laminar to streamline its fixed interest operations given our deep understanding of the processes involved in administering and integrating fixed interest reporting into the companies frameworks. In these roles, Laminar:
- Delivered a leading edge fixed interest management system in Treasury Direct which allowed Moelis to generate accurate reporting on over the counter (OTC) fixed interest investments.
- Provide ongoing portfolio advice and execution of acquiring and disposing of fixed interest investments at the best available prices.
- Successfully transitioned the clients management of fixed interest, property and equity assets to a modern platform which saves the client significant time and resources when performing month end procedures, valuations and accounting entries.
Moelis Australia required a firm with specialist knowledge in fixed interest markets to assist us in streamlining the management and reporting of our over the counter fixed income assets. Cameron and his team of experts provide us the end to end service of buying, settling and reporting on fixed interest assets.
Specialist Structuring Advice & Deal Execution
“Laminar deliver a unique balance of knowledge around complex transactions with the ability to execute.
For this reason, we have partnered with them on product structuring for a specialist.”
Director – Asset Management
Carnbrea & Co
Bennelong Wealth Partners
Laminar Capital is uniquely positioned to be able to structure complex transactions and bring them to market. Carnbrea & Co approached Laminar to provide a solution to a complex and unique funding structure. Laminar was able to deliver an end to end solution with its strong legal and client partnerships and its ability to understand the issue and the required outcomes. Laminar:
- Delivered a transaction that not only met the structuring objective but achieved a world first accreditation changing the way ethical housing transactions are bought to market.
- Managed the transaction through the documentation process bringing together legal experts and funding partners to deliver a truly unique framework.
- Provided our funding partners access to strong, quality asset growth from a new client segment.
Laminar deliver a unique balance of knowledge around complex transactions with the ability to execute. For this reason, we have partnered with them on product structuring for a specialist project
Austraclear Settlement Services
“Laminar Capital perform the settlement function of the Banks’ investment portfolio. Having a third party proxy is not only a prudent risk management measure, we find that it is also cost effective and efficient for smaller organisations. The team at Laminar are always ready to assist and provide guidance as required. The relationship has grown further as we also benefit from market feedback and general information flow which is imperative to investment decision making. ”
Georgina Giavis – Treasury Manager, Australian Military Bank
Laminar Capital is the ASX’s preferred partner when it comes to providing Austraclear proxy settlement services. We provide fixed interest settlement services to over 60 organisations Australia wide. Australian Military Bank, like many other smaller ADIs relies on Laminar’s expertise and market understanding to settle is investment in a timely and professional manner. In this role, Laminar:
- Provides essential Austraclear settlement serves for all investment related activities.
- Provides full disaster recover and business continuity service with multiple business sites and clear segregation of duties. This removes significant operational risk for Australian Military Bank.
- Provide professional back office services to ensure Australian Military Bank meet their real time payments obligations as an Authorised Deposit taking Institution.
Laminar Capital perform the settlement function of the Banks’ investment portfolio. Having a third party proxy is not only a prudent risk management measure, we find that it is also cost effective and efficient for smaller organisations. The team at Laminar are always ready to assist and provide guidance as required. The relationship has grown further as we also benefit from market feedback and general information flow which is imperative to investment decision making.
ATO Securitisation Specialist
“The Australian Taxation Office (ATO) required an expert in securitisation to provide advice on a complex residential mortgage-backed security structure and considered Laminar to be the best organisation to fulfil this role.”
Laminar was able to help the ATO make more informed decisions by:
- Providing detailed insight into the history and structure of the Australian securitisation market
- Analysing and explaining the specific transaction documents and cashflows
- Calculating the present value of certain securitisation assets at different points in time
- Determining the level of profitability of a transaction and the likely volatility of that profitability
The Australian Taxation Office (ATO) required an expert in securitisation to provide advice on a complex residential mortgage-backed security structure and considered Laminar to be the best organisation to fulfil this role.
PBB Advisory and Disposal Agent
“PPB Advisory engaged Laminar on a number of occasions to perform both advisory and disposal agent roles relating to fixed income portfolios that have come under their care. These portfolios have included assets that ranged from vanilla loans and mortgages to more complex instruments such as collaterised debt obligations (CDOs) and residential mortage-backed securities (RMBS).”
In these roles, Laminar:
- Provided the context to allow PPB to make more informed decisions including structural information, market colour and independent valuations on portfolios of assets ranging from structured credit through to vanilla bonds
- Streamlined the process by developing, in conjunction with PPB, a robust sales process to be used in the disposal/sell down of the assets
- Used their network to engage with a large number of market participants to participate in the sales process
- Successfully ran the disposal agent/sales process to the letter of the agreed sales process
PPB Advisory engaged Laminar on a number of occasions to perform both advisory and disposal agent roles relating to fixed income portfolios that have come under their care. These portfolios have included assets that ranged from vanilla loans and mortgages to more complex instruments such as collaterised debt obligations (CDOs) and residential mortage-backed securities (RMBS).”