• HMC Capital on track to reach $50bn+ AUM target over next 3-5 years
• Strong balance sheet and sufficient investment capacity to drive growth
• Diversified business with multiple growth drivers across 5 verticals

HMC Capital provided an update on its business at the 2025 Macquarie Australia Conference. The company's $50bn+ AUM target over the next 3-5 years remains on track, supported by a strong balance sheet with $675m of committed funding lines and sufficient co-investment capital across its 5 investment platforms. HMC Capital's diversified business model, with exposure to high-conviction global megatrends, has driven significant growth in earnings and a high ROE. The company's real estate, private equity, digital infrastructure, private credit, and energy transition verticals each have the ability to scale beyond $10bn in AUM, with a focus on unlisted institutional and wholesale capital to drive future growth. HMC highlighted key near-term catalysts across its digital infrastructure and energy transition businesses, as well as the strong performance and capital recycling track record of its private equity strategy. Overall, HMC Capital presented a confident outlook, underpinned by its ability to execute large, complex transactions, strong balance sheet, and diversified, high-growth business model.

HMC Capital expects to reach its $50bn+ AUM target over the next 3-5 years, driven by growth across its 5 investment verticals. The company has sufficient co-investment capital committed to achieve this goal and a strong balance sheet to support its expansion.

HMC Capital remains confident in its ability to execute on its $50bn+ AUM target over the next 3-5 years, leveraging its diversified business model, strong balance sheet, and track record of large, complex transactions. The company sees significant growth potential across its 5 investment verticals, which are all exposed to high-conviction global megatrends.