28 Nov 2021

Fund manager Doug Tynan hangs up new shingle GCQ

Australian fund manager Doug Tynan appears to be mounting a comeback to institutional investment circles, with a new venture slated for the new year. 

ASIC filings show Tynan, 40, hasn’t been sitting idle since stepping down as a nonexecutive director at VGI Partners in August, registering a new outfit with the corporate regulator last month. 

The outfit, GCQ Funds Management Ltd, is addressed to a serviced office in Sydney’s Double Bay, and is solely owned and overseen by Tynan (for now, at least). 

However, Street Talk doesn’t expect GCQ to be a one-man shop. 

Instead, we’re told by commercial property types that the new firm is close to inking a lease on an office at 139 Macquarie street, in Sydney’s CBD, and is looking at the sort of office that could accommodate a 10-person team. 

Should GCQ pop up at 139 Macquarie Street, it would be starting in the same building that served as a launch pad for Geoff Wilson’s Wilson Asset Management and David Paradice’s Paradice Investment Management. 

Setting up a fund usually takes a few months, so Tynan’s plans for GCQ should become clearer in the new year. 

Tynan’s well known in Australian equity markets. He spent a dozen years working for Rob Luciano’s VGI Partners, finishing up as head of research in June 2020 [https://www.afr.com/companies/financial-services/doug-tynan-resigns-from-vgi-partners-after12-years-20200622-p554w2]. Street Talk Former VGI Partners head of research Doug Tynan. Brook Mitchell And, after a decade picking long-term winners like Mastercard, WD-40 and Kikkoman at VGI, and building relationships with some of the country’s more sophisticated family offices and high net worth investors, Tynan’s decision to set up under his own shingle should be interesting to watch. 

Anthony Macdonald AFR Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years’ experience as a business journalist and worked at PwC, auditing and advising financial services companies.

Yolanda Redrup AFR is an award-winning senior journalist who writes on technology, healthcare and occasionally covers Street Talk from our Melbourne newsroom.

Kanika Sood AFR  is a journalist based in Sydney who writes for the Street Talk column.

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