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

DBF NAV $2.61
Change   Fair Market NAV Per Share as at 31 December 2022

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 Australian Agriculture and the Australian water market since 1999.

ED PETER

Chairman of the Board

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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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Paul Burke

Independent Non-Executive Director

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Paul Burke brings over 25 years of management experience across a number of sectors, having recently served as CEO of the NT Farmers Association and the Director of Infrastructure Assets and Major Projects in the NT Department of Primary Industries and Resources. He brings a wealth of knowledge to the Board and is particularly well-acquainted with the business and regulatory environment in the NT.

Paul Burke

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 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 Capital Australia & 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 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 is an accomplished investor with over 20 years of experience in the agriculture and hospitality sectors. Throughout his career, Ed’s interest in premium hospitality experiences has led him to focus on developing unique and high-end dining experiences initially in Singapore, and more recently, in South Australia, with venues such as The Crafers Hotel, Fishbank, Arkhe and 2KW. Ed has a strong passion for wine, in addition to a significant collection of provenance he is also the proprietor of multi-award-winning Australian wine enterprises. Ed is also a member on the University of Adelaide’s Agribusiness and Wine advisory board.

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.

Caspar joined Duxton in June 2020. As an Analyst, Caspar was involved in supporting a number of projects before becoming a more permanent member of the Duxton Farms Ltd and Duxton Vineyards Pty Ltd teams. His responsibilities are principally focused on researching and analysing potential investments, although he also assists with the organisation and administration of the companies he is involved with, and with the development of marketing materials. Caspar completed his undergraduate studies in May 2020, receiving First-class Honours in Economic History and Business from the University of Edinburgh.

Michael joined Duxton in March 2022 as Chief Financial Officer and is responsible for overseeing the finance function for Duxton Farms in addition to a range of unlisted projects within the Duxton Capital Group. He has over 20 years of finance experience in the heavy manufacturing, retail, and hospitality industries. Michael holds a Bachelor of Arts (Accounting) from S.A.I.T. and an MBA from Adelaide University. He is a fellow of the Institute of Chartered Accountants in Australia and member of the Governance Institute of Australia.

Sam Venning joined Duxton in July 2021. His focus is on new business development, capital raising, and ongoing relationship management across High Net Worth, Family Offices, Wealth Advisors, and Institutional clients. Prior to joining Duxton, Sam worked in business development roles across a variety of industries, ranging from corporate and commercial insurance to the automotive industry. He graduated from The University of Adelaide with a Bachelor of Economics and has a Diploma of Integrated Risk Management from the Australian and New Zealand Institute of Insurance and Finance.

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.

Operational Management & On-Farm Team

Duxton 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.

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).

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.

Thomas is the farm manager for the West Plains and Lenbrough farms.