It started with a blank page​

After decades in the financial services industry, our early founding partners saw an opportunity to create a unique and different kind of business. They began with a blank page and a simple vision: to produce outstanding outcomes for clients with a platform that attracts, liberates and challenges the very best people.
​​Unrestrained by legacy systems and processes, they used their collective expertise to start building a locally managed and controlled business. Being majority staff owned was key to laying the cultural foundations and to driving empowerment and partnership.
As the team started growing, staff stuff that matters was drafted to explain what Barrenjoey stands for and the values to live by.
Barrenjoey officially launched on 21 September 2020 with capital and funding support from our foundation investors, Magellan and Barclays. From our first employee in October 2019, we’ve grown to over 330 people in Sydney, Melbourne and Perth.

And we're looking forward to the journey ahead

It started with a blank page

After decades in the financial services industry, our early founding partners saw an opportunity to create a unique and different kind of business. They began with a blank page and a simple vision: to produce outstanding outcomes for clients with a platform that attracts, liberates and challenges the very best people. ​
​​Unrestrained by legacy systems and processes, they used their collective expertise to start building a locally managed and controlled business. Being majority staff owned was key to laying the cultural foundations and to driving empowerment and partnership.
As the team started growing, staff stuff that matters was drafted to explain what Barrenjoey stands for and the values to live by.
Barrenjoey officially launched on 21 September 2020 with capital and funding support from our foundation investors, Magellan and Barclays. From our first employee in October 2019, we’ve grown to over 350 people in Sydney, Melbourne and Perth.

And we’re looking forward
to the journey ahead.

Milestones

What we stand for

Our values were debated right from the start by our founding partners. They guide everyone towards a shared culture and working environment. And as we build Barrenjoey and grow our team, our values will remain at the heart of everything we do and drive our decisions every day.
September 2020

Barrenjoey Capital Partners is formally launched with foundation investors Magellan and Barclays

October 2020

'Advisory' Australian Financial Services licence obtained from ASIC. Corporate Finance business operational

March 2021

David Gonski appointed as Non-Executive Chair of the Barrenjoey Board. 'Markets' Australian Financial Services licence obtained from ASIC. Barrenjoey Markets Pty Limited admitted as an ASX, Cboe (formerly Chi-X) and Austraclear Participant

April 2021

Kelly O'Dwyer appointed as Non-Executive Director of the Barrenjoey Board

May 2021

Equities business operational

July 2021

Research business operational

November 2021

Fixed Income business operational

May 2022

Barclays increases its capital investment in Barrenjoey

Partnership
Partnership
Partnership runs deep and lives at the core of who we are. We treat people with respect and seek their unique differences and views.
Big Picture
Big Picture
We’ll make decisions in the long-term interest of the partnership and our clients. Never for short- term gains.
Right Way
We will always act with integrity and never forget we are representing our clients, our firm and Australia more broadly.
It's a Spade
We will be open, authentic and honest always. We’ll tell clients what they need to hear, not what they want to hear.
Just Solve It
How we manage setbacks will define us. When things do go wrong, we won’t attribute blame – we will focus on fixing the problem.
Have Fun
We want to have fun at work. Life is serious enough.
Partnership
Partnership
Partnership runs deep and lives at the core of who we are. We treat people with respect and seek their unique differences and views.
Big Picture
Big Picture
We will make decisions in the long-term interest of the partnership and our clients – never for short- term gains.
Right Way
We will always act with integrity and never forget we are representing our clients, our firm and Australia more broadly.
It's a Spade
We will always be open, authentic and honest. We will tell clients what they need to hear, not what they want to hear.
Just Solve It
How we manage setbacks will define us. When things do go wrong, we won’t attribute blame – we will focus on fixing the problem.
Have Fun
We want to have fun at work. Life is serious enough.

Majority locally owned

Barrenjoey Staff
  • 45.4% ownership
  • 90.02% voting rights
logo
Magellan Financial Group​ ​
  • 36.4% ownership
  • 4.99% voting rights​
Barclays-logo
Barclays
  • 18.2% ownership
  • 4.99% voting rights 

Barclays and Magellan, our foundation investors ​​

Barrenjoey has the backing of Barclays Investment Bank and Magellan Financial Group, providing significant balance sheet capacity and cross-border capability.
Barclays is an investment bank headquartered in London with strengths in the UK, Europe, the US and key Asian markets.
www.investmentbank.barclays.com

Magellan Financial Group is one of the top-200 stocks by market value on the ASX, offering global equities and global listed infrastructure investment opportunities.

www.magellangroup.com.au
We are pleased to be a foundation investor in Barrenjoey and to also have made available significant balance sheet capacity so that Barrenjoey can support its clients to meet their aspirations. With Barrenjoey’s ambitions in the domestic market and our focus on cross-border business, we see this as a compelling investment.
Paul Compton

Co-President of Barclays Bank PLC
21 September 2020

Barclays' investment

Barclays has invested $45 million (Sept 2020) and $75 million (May 2022) in Barrenjoey for a 18.2% economic interest and a 4.99% voting interest. Barclays has a Cooperation Agreement with Barrenjoey covering global product distribution, research, cross-border advisory, debt and equity capital markets, as well as making available significant balance sheet capacity for Barrenjoey clients. Paul Compton, Global Head of the Corporate and Investment Bank and President of Barclays Bank PLC, is a Director of the Barrenjoey Board.

Magellan's investment

Magellan’s investment in Barrenjoey comprises the issue of approximately 1.2 million Magellan shares and $90 million of cash, to hold a 36.4% economic ownership in Barrenjoey. Magellan has a 4.99% voting interest and the Executive Chairman of Magellan Financial Group, Andrew Formica, is a Director of the Barrenjoey Board. Magellan also provided Barrenjoey with working capital facility to support the growth of the business.

Andrew Formica

Executive Chairman of Magellan Financial Group

Partnering with Barclays

Our strategic partnership gives our clients access to:
  • Significant balance sheet support and underwriting capability
  • Global best in class research
  • Cross-border advisory including access to global industry sector expertise
  • Leading global equity and ​debt distribution network
  • Leveraged finance
  • Credit trading and securitisation​
  • Environmental, Social and Governance (ESG) leadership ​​