Duxton Broadacre Farms is an Australian listed entity providing investors with exposure to a diversified portfolio of high-quality, efficient, Australian farms

DBF NAV $1.76
Change   Fair Market NAV Per Share as at 30 June 2019

Board

The Board has extensive experience in the Australian agricultural industry.

ED PETER

Chairman of the Board

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Ed Peter is the co-founder and Chairman of Duxton Asset Management (“Duxton”). Prior to forming Duxton in 2009, Ed was Head of Deutsche Asset Management Asia Pacific (“DeAM Asia”), Middle East and North Africa. Ed has been exposed to the Australian water market since 1999.

ED PETER

Chairman of the Board

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TONY HAMILTON

Non-Executive Director

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Tony Hamilton has been engged in grain farming since 1982. Tony is a graduate of the Australian Institute of Company Directors, was a Nuffield Scholar in 2013, holds a PhD in Agronomy and Plant Physiology and a B.Sc.Agr (Hons) from the University of Sydney.

TONY HAMILTON

Non-Executive Director

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STEPHEN DUERDEN

Non-Executive Director

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Stephen Duerden is the CEO of Duxton Capital (Australia) Pty Ltd. Stephen has over 28 years of experience in investment management and joined Duxton in May 2009. Prior to this Stephen was the COO of Deutsche Asset Management (Asia) Pte Ltd.

STEPHEN DUERDEN

Non-Executive Director

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MARK HARVEY

Independent Director / Deputy Chair

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Mark Harvey has more than 40 years of experience in agriculture and agribusiness. He was one of the founders of Paramount Seeds which specialised in research, development and marketing of new field crop, was a founding partner of Seed Genetics, and in April 2013 was elected as Director (now Chairman) of S&W Seed Co (NASDAQ listed).

MARK HARVEY

Independent Director / Deputy Chair

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WADE DABINETT

Independent Non-Executive Director

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Wade Dabinett has over 13 years of experience in the Australian grain industry, encompasses grain trading, storage, handling and production. He is Chairman of Grain Producers SA, and Chair of GPSA’s sub-committees for Transport & Supply Chain, Agricultural Security & Priority. He is also a councillor representing Grains on Primary Producers SA.

WADE DABINETT

Independent Non-Executive Director

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KATELYN ADAMS

Company Secretary

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Katelyn has over 10 years of accounting and company secretarial experience, servicing predominantly ASX listed companies. Katelyn has extensive knowledge in company secretarial duties, ASX Listing Rule requirements, IPO and capital raising processes, as well as a strong technical accounting knowledge.

KATELYN ADAMS

Company Secretary

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Investment Manager

Duxton Capital (Australia) is the investment manager of Duxton Broadacre Farms. The Company has access to specialist industry knowledge and key networks developed over many years in agriculture and broadacre farming.

Ed Peter is the Group Chairman of Duxton Asset Management ("Duxton"). Prior to forming Duxton in 2009, Ed was Head of Deutsche Asset Management Asia Pacific ("DeAM Asia"), Middle East & North Africa. He was also a member of the Deutsche Bank's (DB) Group Equity Operating Committee and Asset Management Operating Committee. Ed joined DB in 1999 as Head of Equities and Branch Manager of DB Switzerland. In March 2001, Ed moved to Hong Kong with Deutsche Bank and was appointed Head of Global Equities for Asia and Australia, becoming responsible for all of Global Emerging Markets Equities in the beginning of 2003. In November 2004, Ed became Head of Asian and Emerging Market Equities for the new Global Markets Division. Ed started his career in 1986 in Swiss equity sales for Credit Suisse in Geneva. In 1989, he moved to S.G. Warburg with responsibility for the sale of Swiss equities worldwide. In 1998, he was appointed Managing Director with responsibility for the International Swiss Equities and Derivatives sales force. Mr Peter holds a Bachelor’s Degree in English Literature from Carleton College in Northfield, Minnesota. Ed’s first foray into Agricultural investing was in 1999 and he remains passionately interested in Agriculture today. He is on the University of Adelaide’s Agribusiness advisory board, the University of Adelaide’s Wine Advisory board, and on the board of Wine Australia. Ed is married to Julie, a proud South Australian, and has 4 children. Ed draws and paints, makes noise on his saxophone, and can often be found flying around Australia in his bush plane when he is not in his veggie patch. His wife of 25 years still puts up with him and he has 4 children who would prefer if he didn’t grow quite so many veggies.

Will Brennan, Portfolio Manager, joined Duxton in May 2015. His key responsibilities involve the identification, negotiation and execution of investment opportunities, along with providing ongoing project oversight, and working closely with key stakeholders in developing and implementing strategy objectives. Will holds a Bachelor of Laws and a Bachelor of Commerce (Accounting) from the University of Adelaide, and is a CFA level 3 candidate.

Alex Henschke, Management & Financial Accountant, joined Duxton in July 2018. Her key responsibilities include overseeing the finances for a variety of Duxton businesses and investments. Alex is a Chartered Accountant with over 7 years experience in the industry. Prior to joining Duxton, she worked in business advisory services with Holman Hodge and Deloitte Private providing accounting, taxation and business advice to a broad range of businesses. Alex holds a bachelor degree in Commerce (Accounting) from the University of Adelaide.

Alister Walsh, Director Water Assets, joined Duxton Capital (Australia) in June 2017. He is responsible for managing the business’s water portfolios, including working closely with the team responsible for the management of Duxton Water Limited’s (ASX:D2O) water entitlements. Prior to joining the Duxton Group, Alister was CEO of Waterfind Australia, a leading water exchange. He has seen the full extent of the development of the Australian Water Market, from direct engagement via farming operations in the early 2000’s through to his time spent with Waterfind maturing the market over the last decade. Alister holds a Bachelor of Economics in International Agribusiness from the University of Adelaide.

Bridget Johnson joined Duxton in January 2019. Her focus is to assist the Business Development team with client communication material, CRM and website management, and other administrative assistance. Bridget has diverse agricultural experience after growing up in a farming family in the South East, before working for Elders and Rural Bank in a variety of Agribusiness client relationship and support roles. Bridget graduated from the University of South Australia with a Bachelor of Business (Marketing).

Evie Papps joined the Duxton team in February 2019 as an Analyst Intern. Evie is due to graduate with a Bachelor of Commerce (Corporate Finance and Accounting) and Honours Degree of Bachelor of Finance from the University of Adelaide in December 2019. Prior to joining Duxton, Evie undertook internships in tax accounting and pricing analytics.

Operational Management & On-Farm Team

Duxton Broadacre Farms is managed and operated by a team of highly qualified and experienced farmers.

Bryan has over 30 years of agricultural experience spent principally in the management of large-scale corporate cotton and broadacre farms. Bryan has extensive irrigated cotton, OH&S, staff management, broadacre, minimum till and precision farming experience. In his previous role with Twynam Agricultural Group, Bryan served as General Manager for many years, in which he oversaw the management of broadacre, irrigated cropping and livestock farms spanning over 80,000 hectares. Bryan joined DBF in 2018 following the successful completion of the sale of Twynam’s agricultural property portfolio. Bryan has a Diploma in Agriculture (Tocal) specialising in cotton production.

Martin joined DBF in 2019 following the sale of Boorala. As the Boorala farm manager, Martin is responsible for livestock management, winter cropping, external contractor coordination, operational logistics and staff management.

Andrew is the Operations Manager for Duxton Broadacre Farms. Andrew also fulfils the daily operations of a farm manager and is committed to modern broadacre farming practices. Andrew has extensive minimum till and precision farming experience. Andrew ensures QA and best farming practices for general activities such as fertilising, pest and weed control management. Andrew previously managed key properties in southern NSW. Growing mostly cereal crops, he has considerable irrigation experience. Andrew also has substantial experience in growing seed crops, being nationally recognised for canola seed production..

Dustin has been Livestock Manager since 2013 and is responsible for all aspects of sheep and cattle husbandry, including marketing, procurement, logistics, staff management and engaging contractors. Dustin has two decades of farm experience as a rural contractor, farm manager, station hand and stockman on a number of properties. Dustin has an Advanced Certificate in Farming Technology (TAFE).

Brendan has been Cropping Manager since 2011 and is responsible for summer and winter cropping operations, logistics and staff management. Prior to this, Brendan worked in a variety of roles, including Leading Farmhand and Station Hand, with other farming businesses. Brendan has a Bachelor of Agricultural Business Management (Charles Sturt University).

Jason is the Farm Manager for ‘Timberscombe’, the largest property of the Forbes aggregations, located east of Wyalong. Jason has resided in the Bland area for 38 years, employed as Billabong Station Manager from 2000 and Timberscombe Farm Manager since 2004. Jason has extensive experience with broadacre cropping, irrigated hay production, grain handling and logistics, livestock, and pest and weed management. Jason also conducts monthly stocktakes for the Forbes aggregations. Jason has implemented GPS controlled traffic, designed current paddock layout to increase efficiencies whilst utilising minimal tillage practices, particularly in black self-mulching clay soils.