About Us
Leading alternative asset manager with 20+ years of experience investing in real estate private credit and private equity across Australia and New Zealand
Who we are
RW Capital is a high conviction real estate alternative asset manager. Founded in 2001 as the White Family Office, we have evolved into a private capital manager for institutions, family offices and high net worth individuals and remain majority owned by the White Family
$4.9 BILLION
value of investments since inception
UNCONSTRAINED MANDATE
to invest across the capital spectrum
ASSET MANAGEMENT
to derisk our investments and be ahead of the curve
PROPERTY EXPERTS
as part of the Ray White ecosystem
Ray White Ecosystem
- #1 residential sales agency in Australasia
- #1 largest independent mortgage aggregator in Australia
- >$250bn of transactions annually
- >12,000 property professionals
- Unparalleled depth of relationships across the industry
- 360° view of the property market
Our Team
Highly experienced team with a proven track record in the Australasian real estate market
Dan White
Founder & Executive Chairman
Dan established RW Capital in 2001 and holds a seat as a Director of the White Family Group. He brin...
Dan established RW Capital in 2001 and holds a seat as a Director of the White Family Group. He brings extensive experience in the acquisition, financing and management of investment-grade real estate in a wide variety of asset classes and across the property cycle. His expertise and relationships span the property markets of Australia and Asia, and his clients include significant private interests across the region.
George Ajaka
CEO & Managing Partner
George became CEO of RW Capital in 2016. He originally joined the business in 2007 and worked closel...
George became CEO of RW Capital in 2016. He originally joined the business in 2007 and worked closely alongside Dan White (founder) through the Global Financial Crises. During this time George worked through complicated workouts as well as acquiring investments at a steep discount. Since becoming CEO, George has overseen the growth of RW Capital’s business, including the deployment of over $3.5 billion across direct lending, LBO’s and property private equity ventures.
Sean Walsh
Senior Advisor | Investment Committee Member
Sean has over 25 years of experience in investment banking, equity and debt capital markets and priv...
Sean has over 25 years of experience in investment banking, equity and debt capital markets and private equity at Goldman Sachs and Citigroup. He brings in-depth expertise in valuation, transaction structuring, due diligence, capital raising, financial markets, stakeholder management and corporate governance. Throughout his investment banking career, Sean has been involved with, and led, some of the largest and most complex corporate and capital market transactions across Australia and New Zealand. Prior to joining RW Capital, Sean held various senior positions at Goldman Sachs including Managing Director and Co-Head of Financing for Goldman Sachs Australia and New Zealand, Board Member of Goldman Sachs Australia, a member of the Goldman Sachs Asia Pacific Commitments Committee and member of the Goldman Sachs Australia Operating Committee.
James Hodgkinson OAM
Senior Advisor | Investment Committee Member
James joins RW Capital with extensive real estate experience across all sectors. He has worked as a ...
James joins RW Capital with extensive real estate experience across all sectors. He has worked as a principal in the establishment and growth of the Macquarie Group’s Real Estate Investment Management business where he held the position of Executive Director and Business Head. Throughout his over 30 years of experience in the industry, James successfully led transactions in many aspects of the real estate value chain in multiple sectors across Australia, Asia and the United States.
Stephen Girdis
Senior Advisor | Investment Committee Member
Stephen has over 35 years of experience in real estate asset management, financing, development, inv...
Stephen has over 35 years of experience in real estate asset management, financing, development, investment banking and chartered accounting, working primarily with the Macquarie Group. He has held various senior positions including Executive Director of Macquarie Group, Global Head of Real Estate and Chairman of Real Estate at Macquarie Group. He has also served as Chairman and Director of related ASX and SGX listed entities. During his leadership, global assets under management (including partnerships) grew tenfold to over $A30 billion. He was closely involved with the growth of Macquarie’s Asian real estate platforms, including joint ventures with Wanda Group, Munich Re, Pacific Star, Goodman Asia, and Pan Asian real estate private equity investment through MGPA and Schroders Asia property. Since retiring from Macquarie in 2012, he has been co-investing with and/or advising Australasian real estate companies
Andrew Jamson
White Family Office CFO | Investment Committee Member
Andrew is RW Capital’s Chief Financial Officer. He is responsible for managing the White Family Of...
Andrew is RW Capital’s Chief Financial Officer. He is responsible for managing the White Family Office representing the investment interests of the broader White Family. Andrew was formerly Chief Operating Officer of real estate company, CB Richard Ellis (CBRE) Asia Pacific, and has over 40 years of experience in property and finance.
Steven Bougoukas
COO & Partner
Steven has over 18 years of real estate finance experience across all sectors including office, reta...
Steven has over 18 years of real estate finance experience across all sectors including office, retail, hotels, residential, land and industrial industries. He has been involved in major transactions across development and project finance, acquisitions, and refinancing. Steven held various senior roles within ANZ Banking Group’s property division with his last role overseeing the Corporate Property team across NSW, ACT, QLD and NT. During his time at ANZ, Steven was involved in managing some of the largest property groups including various listed REITs, international investors, and private property development groups. Since joining RW Capital, he has become an integral part of the Management Team. He oversees the execution of new transactions, management and oversight of existing investments as well as the legal and compliance functions within the business. Steven is also a lecturer at the University of NSW for the Property Finance and Investment course
David Mao
Executive Director
David has over 11+ years of real estate and investment banking experience and has worked on >$4 bill...
David has over 11+ years of real estate and investment banking experience and has worked on >$4 billion of transactions across private credit, real estate private equity, M&A and leveraged finance. Prior to joining RW Capital, David worked in Greenstone Partners (corporate finance) and Macquarie Capital in real estate investment banking. David joined RW Capital in 2016 where he has helped originate, structure and manage over $2 billion of real estate loans across sectors such as residential, industrial, commercial and retail. David is dedicated to building strong investment outcomes for private and institutional capital partners across real estate private credit and private equity.
Ben Kirby
Executive Director
Ben has 15 years of commercial real estate experience across residential development, asset manageme...
Ben has 15 years of commercial real estate experience across residential development, asset management, commercial brokerage, real estate investment and financing, and debt and equity origination. Ben previously worked within the Capital Markets teams at CBRE and Colliers prior to joining the Ray White Group in 2016. Ben has extensive transactional experience across office, retail, mixed-use and residential development sites, acting for a range of corporate, institutional, government and private clients. Since joining RW Capital in 2019 Ben has been responsible for deal origination across the group’s debt and equity businesses and ongoing management of the group’s portfolio.
Matthew Falk
Executive Director
Matthew joined RW Capital in 2020, having previously worked at McKinsey & Company where he was a man...
Matthew joined RW Capital in 2020, having previously worked at McKinsey & Company where he was a management consultant for two years. Prior to McKinsey, Matthew worked for Goldman Sachs’ Securities division in Hong Kong and Sydney. He holds a Bachelor of Commerce and a Bachelor of Economics from the University of New South Wales.
Daniel Millar
Investment Director
Daniel has 14+ years of real estate finance experience and is a qualified property valuer. Prior to ...
Daniel has 14+ years of real estate finance experience and is a qualified property valuer. Prior to joining RW Capital, Daniel held various senior roles within the corporate finance division at National Australia Bank specialising in mid-market property finance transaction across all real estate asset classes. During his time at National Australia Bank, Daniel was primarily responsible for the origination and management of a $2 billion debt portfolio with 25+ high net worth property investor and developer clients. Daniel has a GradDip Property Development and Investment from Western Sydney University
Eddy Wang
Investment Associate
Eddy joined RW Capital in 2024. Prior to joining RW Capital Eddy worked in the Investment Banking Di...
Eddy joined RW Capital in 2024. Prior to joining RW Capital Eddy worked in the Investment Banking Division at UBS, where he executed a variety of M&A Transactions and Capital Raisings across a wide range of industries, including Real Estate, Building Products, Consumer Services, Critical Minerals, Telecommunications, and Technology. Prior to UBS, Eddy was a part of the Property and Mining Investment Banking teams at Deutsche Bank. He holds a Bachelor of Commerce and a Bachelor of Laws from the University of New South Wales.
Dominic Wild
Portfolio Manager
Dominic joined RW Capital in 2021 with previous experience as the Acquisition Manager for Kinkera Co...
Dominic joined RW Capital in 2021 with previous experience as the Acquisition Manager for Kinkera Community, a private disability housing provider operating within the NDIS. In the role, he acquired and developed residential properties throughout Australia for individuals with a range of intellectual, neurological or physical disabilities. Prior to that, he was delivering a range of residential and industrial developments with Fiducia Property Group. Dominic holds a Bachelor of Property Economics and a Bachelor of Sport and Exercise Management from the University of Technology, Sydney.
Jemima White
Investment Analyst
Jemima is a 5th generation White family member and joined RW Capital as an Investment Analyst in 202...
Jemima is a 5th generation White family member and joined RW Capital as an Investment Analyst in 2024. Before joining RW Capital, Jemima worked as a Data Analyst in the Ray White economics team where she worked closely with Ray White’s Chief Economist and data scientists extracting data-driven insights on the Australian property market to share with journalists and Ray White franchises across the country. Jemima has a Bachelor of Commerce at the University of Sydney majoring in Finance and Economics.
Matthew Budden
Head of International Capital Markets
Matthew has been Head of International Capital Markets for RW Capital since he joined in 2017. He h...
Matthew has been Head of International Capital Markets for RW Capital since he joined in 2017. He has 25 years of investment banking and financial services experience, including 18 years based in Hong Kong holding various senior positions covering Hong Kong, China, Korea, Singapore and Southeast Asia. Prior to joining RW Capital, he was Deputy General Counsel at JP Morgan leading the Asia-Pacific legal team in corporate derivatives, structured products and prime services. Prior to that he was the Deputy General Counsel for Bank of China International and General Counsel for Mitsubishi - UFJ Group in Hong Kong. Matthew’s expertise lies in advising on both debt and equity capital raising, restructurings, and financing including arranging sovereign loans and private lending. Matthew is a qualified Solicitor in Hong Kong and Australia
Luke Dixon
Head of Institutional Capital & Research
Luke joined RW Capital in 2024, having previously worked at AMP Capital where he was Head of Researc...
Luke joined RW Capital in 2024, having previously worked at AMP Capital where he was Head of Research & Investment Strategy across their real assets platform for six years. Luke also sat as a voting member of the AMP Capital Investment Committee for real estate, approving more than $15 billion in transactions. Prior to his time at AMP Capital, Luke has also worked in corporate advisory and research at Colliers, CBRE, AECOM and Macquarie Capital. Luke holds a BA/BComm (Hons) from Monash University.
Annabelle Maitland
Investor Relations
Annabelle joined RW Capital in 2023. Prior to joining RW Capital, Annabelle was Investor Relations M...
Annabelle joined RW Capital in 2023. Prior to joining RW Capital, Annabelle was Investor Relations Manager at Adamantem Capital. Prior to that she was an investment banker in London working at Harris Williams & Co and JEGI | Clarity. She received a Bachelor of Economic and Social Sciences from Sydney University and has passed levels 1 & 2 of the CFA.
Joseph Kinshela
Group Financial Controller – Ray White
Joseph is the Financial Controller at RW Capital and White & Partners, and brings with him over 20 y...
Joseph is the Financial Controller at RW Capital and White & Partners, and brings with him over 20 years of leadership, financial management and accounting experience. Prior to RW Capital and White & Partners, Joseph was Senior Manager in the audit division of EY. Joseph has a Bachelor of Business majoring in accounting and finance, and is a member of the Institute of Chartered Accountants in Australia and New Zealand.
Rebecca Everingham
Finance Director - Ray White Family Office
Rebecca joined Ray White Group in 2004 and has been a trusted advisor to the White Family for 20 yea...
Rebecca joined Ray White Group in 2004 and has been a trusted advisor to the White Family for 20 years. Her role includes ensuring the Ray White Group and White Family meet their taxation and financial reporting obligations, and she also holds the role of Company Secretary for several Ray White Group companies. Before joining Ray White, Rebecca worked at Macquarie Group, KPMG and Deloitte.
Chrisanthe Makris
General Counsel
Chrisanthe has over 20 years of experience in banking and financial markets gained across the UK, at...
Chrisanthe has over 20 years of experience in banking and financial markets gained across the UK, at Deutsche Bank and Ashurst, and in Australia at King Wood Mallesons, ANZ, and Metrics Credit Partners. Chris provides an approach to structuring and execution that balances the commercial and risk priorities for both investors and borrowers, with extensive experience in structuring, advising on and executing complex real estate financing solutions as well as fund formation and management
Robert Aunalla
Finance Director
Robert joined RW Capital in 2020, and brings with him numerous years of accounting experience workin...
Robert joined RW Capital in 2020, and brings with him numerous years of accounting experience working in the private equity, management consulting and business restructuring sectors. Prior to this, Robert spent two years working in the private equity sector in the United Kingdom, where he was responsible for the investment monitoring, treasury management and fund accounting of the funds under management. Prior to that, he worked in public practice in Australia, with a focus on management consulting and business restructuring. Robert has a Bachelor of Business from the University of Technology Sydney and is a member of the Institute of Chartered Accountants in Australia and New Zealand.
Efren Jr Lorenzo
Finance Manager
Prior to joining RW Capital in 2021, Efren spent three and a half years at Nexia Australia working i...
Prior to joining RW Capital in 2021, Efren spent three and a half years at Nexia Australia working in the Audit and Assurance Division, where he completed financial audits and reviews on various companies ranging from large ASX listed to small not-for-profit entities. Efren has a Bachelor of Business from the University of Technology, Sydney and is also a member of Chartered Accountants Australia and New Zealand.
James Chadban
Financial Accountant
James joined RW Capital in 2024. Prior to joining RW Capital James worked at Pitcher Partners in the...
James joined RW Capital in 2024. Prior to joining RW Capital James worked at Pitcher Partners in the Business Advisory and Assurance division, where he completed financial audits and reviews on various companies including ASX-listed businesses, large private groups, and small not-for-profits. He holds a Bachelor of Commerce and a Bachelor of Arts from the University of Wollongong
Kirsty Bartter
Operations Manager
Kirsty has been a part of the RW Capital team since 2021. She brings a diverse range of experience f...
Kirsty has been a part of the RW Capital team since 2021. She brings a diverse range of experience from her roles in real estate, marketing, and construction. Kristy has also worked in the NFP sector across events and sponsorship.
Nerida Conisbee
Chief Economist
Nerida is RW Capital’s Chief Economist and one of Australia’s leading property experts. She brin...
Nerida is RW Capital’s Chief Economist and one of Australia’s leading property experts. She brings over 20 years of property research experience to the team and has held senior positions within commercial agencies and major consulting firms throughout her career. Nerida’s stellar industry experience includes holding the seat of Deputy Chair of the Construction Forecasting Council and being a member of the Australian Taxation Office’s Foreign Investment Stakeholder Group. She is also on the Southeast Queensland Housing Supply Expert Panel and provides expert advice on property market conditions to major Government bodies.
Vanessa Rader
Head of Research
Vanessa is the Head of Research for the Ray White Group, working with the White family to grow exper...
Vanessa is the Head of Research for the Ray White Group, working with the White family to grow expertise in the commercial market. Vanessa has over 20 years’ experience in property, the majority of which in the field of property research having worked in senior roles at JLL, CBRE, LandMark White and Knight Frank. Her expertise is across all asset classes nationally, including office, industrial, retail, hotel, residential and special uses such as medical and childcare. Vanessa is known for first to market, niche property research and regularly commentates in the media. Having completed a Bachelor of Commerce in Property Economics and Masters in Property Development, Vanessa was the recipient of the API Young Achiever of the Year award in 2005 and their Meritorious Service Award in 2013.
Dan White
Founder & Executive Chairman
Dan established RW Capital in 2001 and holds a seat as a Director of the White Family Group. He brin...
Dan established RW Capital in 2001 and holds a seat as a Director of the White Family Group. He brings extensive experience in the acquisition, financing and management of investment-grade real estate in a wide variety of asset classes and across the property cycle. His expertise and relationships span the property markets of Australia and Asia, and his clients include significant private interests across the region.
Sean Walsh
Senior Advisor | Investment Committee Member
Sean has over 25 years of experience in investment banking, equity and debt capital markets and priv...
Sean has over 25 years of experience in investment banking, equity and debt capital markets and private equity at Goldman Sachs and Citigroup. He brings in-depth expertise in valuation, transaction structuring, due diligence, capital raising, financial markets, stakeholder management and corporate governance. Throughout his investment banking career, Sean has been involved with, and led, some of the largest and most complex corporate and capital market transactions across Australia and New Zealand. Prior to joining RW Capital, Sean held various senior positions at Goldman Sachs including Managing Director and Co-Head of Financing for Goldman Sachs Australia and New Zealand, Board Member of Goldman Sachs Australia, a member of the Goldman Sachs Asia Pacific Commitments Committee and member of the Goldman Sachs Australia Operating Committee.
James Hodgkinson OAM
Senior Advisor | Investment Committee Member
James joins RW Capital with extensive real estate experience across all sectors. He has worked as a ...
James joins RW Capital with extensive real estate experience across all sectors. He has worked as a principal in the establishment and growth of the Macquarie Group’s Real Estate Investment Management business where he held the position of Executive Director and Business Head. Throughout his over 30 years of experience in the industry, James successfully led transactions in many aspects of the real estate value chain in multiple sectors across Australia, Asia and the United States.
Stephen Girdis
Senior Advisor | Investment Committee Member
Stephen has over 35 years of experience in real estate asset management, financing, development, inv...
Stephen has over 35 years of experience in real estate asset management, financing, development, investment banking and chartered accounting, working primarily with the Macquarie Group. He has held various senior positions including Executive Director of Macquarie Group, Global Head of Real Estate and Chairman of Real Estate at Macquarie Group. He has also served as Chairman and Director of related ASX and SGX listed entities. During his leadership, global assets under management (including partnerships) grew tenfold to over $A30 billion. He was closely involved with the growth of Macquarie’s Asian real estate platforms, including joint ventures with Wanda Group, Munich Re, Pacific Star, Goodman Asia, and Pan Asian real estate private equity investment through MGPA and Schroders Asia property. Since retiring from Macquarie in 2012, he has been co-investing with and/or advising Australasian real estate companies
Andrew Jamson
White Family Office CFO | Investment Committee Member
Andrew is RW Capital’s Chief Financial Officer. He is responsible for managing the White Family Of...
Andrew is RW Capital’s Chief Financial Officer. He is responsible for managing the White Family Office representing the investment interests of the broader White Family. Andrew was formerly Chief Operating Officer of real estate company, CB Richard Ellis (CBRE) Asia Pacific, and has over 40 years of experience in property and finance.
Dan White
Founder & Executive Chairman
Dan established RW Capital in 2001 and holds a seat as a Director of the White Family Group. He brin...
Dan established RW Capital in 2001 and holds a seat as a Director of the White Family Group. He brings extensive experience in the acquisition, financing and management of investment-grade real estate in a wide variety of asset classes and across the property cycle. His expertise and relationships span the property markets of Australia and Asia, and his clients include significant private interests across the region.
Sean Walsh
Senior Advisor | Investment Committee Member
Sean has over 25 years of experience in investment banking, equity and debt capital markets and priv...
Sean has over 25 years of experience in investment banking, equity and debt capital markets and private equity at Goldman Sachs and Citigroup. He brings in-depth expertise in valuation, transaction structuring, due diligence, capital raising, financial markets, stakeholder management and corporate governance. Throughout his investment banking career, Sean has been involved with, and led, some of the largest and most complex corporate and capital market transactions across Australia and New Zealand. Prior to joining RW Capital, Sean held various senior positions at Goldman Sachs including Managing Director and Co-Head of Financing for Goldman Sachs Australia and New Zealand, Board Member of Goldman Sachs Australia, a member of the Goldman Sachs Asia Pacific Commitments Committee and member of the Goldman Sachs Australia Operating Committee.
James Hodgkinson OAM
Senior Advisor | Investment Committee Member
James joins RW Capital with extensive real estate experience across all sectors. He has worked as a ...
James joins RW Capital with extensive real estate experience across all sectors. He has worked as a principal in the establishment and growth of the Macquarie Group’s Real Estate Investment Management business where he held the position of Executive Director and Business Head. Throughout his over 30 years of experience in the industry, James successfully led transactions in many aspects of the real estate value chain in multiple sectors across Australia, Asia and the United States.
Stephen Girdis
Senior Advisor | Investment Committee Member
Stephen has over 35 years of experience in real estate asset management, financing, development, inv...
Stephen has over 35 years of experience in real estate asset management, financing, development, investment banking and chartered accounting, working primarily with the Macquarie Group. He has held various senior positions including Executive Director of Macquarie Group, Global Head of Real Estate and Chairman of Real Estate at Macquarie Group. He has also served as Chairman and Director of related ASX and SGX listed entities. During his leadership, global assets under management (including partnerships) grew tenfold to over $A30 billion. He was closely involved with the growth of Macquarie’s Asian real estate platforms, including joint ventures with Wanda Group, Munich Re, Pacific Star, Goodman Asia, and Pan Asian real estate private equity investment through MGPA and Schroders Asia property. Since retiring from Macquarie in 2012, he has been co-investing with and/or advising Australasian real estate companies
Andrew Jamson
White Family Office CFO | Investment Committee Member
Andrew is RW Capital’s Chief Financial Officer. He is responsible for managing the White Family Of...
Andrew is RW Capital’s Chief Financial Officer. He is responsible for managing the White Family Office representing the investment interests of the broader White Family. Andrew was formerly Chief Operating Officer of real estate company, CB Richard Ellis (CBRE) Asia Pacific, and has over 40 years of experience in property and finance.
George Ajaka
CEO & Managing Partner
George became CEO of RW Capital in 2016. He originally joined the business in 2007 and worked closel...
George became CEO of RW Capital in 2016. He originally joined the business in 2007 and worked closely alongside Dan White (founder) through the Global Financial Crises. During this time George worked through complicated workouts as well as acquiring investments at a steep discount. Since becoming CEO, George has overseen the growth of RW Capital’s business, including the deployment of over $3.5 billion across direct lending, LBO’s and property private equity ventures.
Steven Bougoukas
COO & Partner
Steven has over 18 years of real estate finance experience across all sectors including office, reta...
Steven has over 18 years of real estate finance experience across all sectors including office, retail, hotels, residential, land and industrial industries. He has been involved in major transactions across development and project finance, acquisitions, and refinancing. Steven held various senior roles within ANZ Banking Group’s property division with his last role overseeing the Corporate Property team across NSW, ACT, QLD and NT. During his time at ANZ, Steven was involved in managing some of the largest property groups including various listed REITs, international investors, and private property development groups. Since joining RW Capital, he has become an integral part of the Management Team. He oversees the execution of new transactions, management and oversight of existing investments as well as the legal and compliance functions within the business. Steven is also a lecturer at the University of NSW for the Property Finance and Investment course
Ben Kirby
Executive Director
Ben has 15 years of commercial real estate experience across residential development, asset manageme...
Ben has 15 years of commercial real estate experience across residential development, asset management, commercial brokerage, real estate investment and financing, and debt and equity origination. Ben previously worked within the Capital Markets teams at CBRE and Colliers prior to joining the Ray White Group in 2016. Ben has extensive transactional experience across office, retail, mixed-use and residential development sites, acting for a range of corporate, institutional, government and private clients. Since joining RW Capital in 2019 Ben has been responsible for deal origination across the group’s debt and equity businesses and ongoing management of the group’s portfolio.
Matthew Falk
Executive Director
Matthew joined RW Capital in 2020, having previously worked at McKinsey & Company where he was a man...
Matthew joined RW Capital in 2020, having previously worked at McKinsey & Company where he was a management consultant for two years. Prior to McKinsey, Matthew worked for Goldman Sachs’ Securities division in Hong Kong and Sydney. He holds a Bachelor of Commerce and a Bachelor of Economics from the University of New South Wales.
Daniel Millar
Investment Director
Daniel has 14+ years of real estate finance experience and is a qualified property valuer. Prior to ...
Daniel has 14+ years of real estate finance experience and is a qualified property valuer. Prior to joining RW Capital, Daniel held various senior roles within the corporate finance division at National Australia Bank specialising in mid-market property finance transaction across all real estate asset classes. During his time at National Australia Bank, Daniel was primarily responsible for the origination and management of a $2 billion debt portfolio with 25+ high net worth property investor and developer clients. Daniel has a GradDip Property Development and Investment from Western Sydney University
Eddy Wang
Investment Associate
Eddy joined RW Capital in 2024. Prior to joining RW Capital Eddy worked in the Investment Banking Di...
Eddy joined RW Capital in 2024. Prior to joining RW Capital Eddy worked in the Investment Banking Division at UBS, where he executed a variety of M&A Transactions and Capital Raisings across a wide range of industries, including Real Estate, Building Products, Consumer Services, Critical Minerals, Telecommunications, and Technology. Prior to UBS, Eddy was a part of the Property and Mining Investment Banking teams at Deutsche Bank. He holds a Bachelor of Commerce and a Bachelor of Laws from the University of New South Wales.
Dominic Wild
Portfolio Manager
Dominic joined RW Capital in 2021 with previous experience as the Acquisition Manager for Kinkera Co...
Dominic joined RW Capital in 2021 with previous experience as the Acquisition Manager for Kinkera Community, a private disability housing provider operating within the NDIS. In the role, he acquired and developed residential properties throughout Australia for individuals with a range of intellectual, neurological or physical disabilities. Prior to that, he was delivering a range of residential and industrial developments with Fiducia Property Group. Dominic holds a Bachelor of Property Economics and a Bachelor of Sport and Exercise Management from the University of Technology, Sydney.
Jemima White
Investment Analyst
Jemima is a 5th generation White family member and joined RW Capital as an Investment Analyst in 202...
Jemima is a 5th generation White family member and joined RW Capital as an Investment Analyst in 2024. Before joining RW Capital, Jemima worked as a Data Analyst in the Ray White economics team where she worked closely with Ray White’s Chief Economist and data scientists extracting data-driven insights on the Australian property market to share with journalists and Ray White franchises across the country. Jemima has a Bachelor of Commerce at the University of Sydney majoring in Finance and Economics.
George Ajaka
CEO & Managing Partner
George became CEO of RW Capital in 2016. He originally joined the business in 2007 and worked closel...
George became CEO of RW Capital in 2016. He originally joined the business in 2007 and worked closely alongside Dan White (founder) through the Global Financial Crises. During this time George worked through complicated workouts as well as acquiring investments at a steep discount. Since becoming CEO, George has overseen the growth of RW Capital’s business, including the deployment of over $3.5 billion across direct lending, LBO’s and property private equity ventures.
Steven Bougoukas
COO & Partner
Steven has over 18 years of real estate finance experience across all sectors including office, reta...
Steven has over 18 years of real estate finance experience across all sectors including office, retail, hotels, residential, land and industrial industries. He has been involved in major transactions across development and project finance, acquisitions, and refinancing. Steven held various senior roles within ANZ Banking Group’s property division with his last role overseeing the Corporate Property team across NSW, ACT, QLD and NT. During his time at ANZ, Steven was involved in managing some of the largest property groups including various listed REITs, international investors, and private property development groups. Since joining RW Capital, he has become an integral part of the Management Team. He oversees the execution of new transactions, management and oversight of existing investments as well as the legal and compliance functions within the business. Steven is also a lecturer at the University of NSW for the Property Finance and Investment course
Ben Kirby
Executive Director
Ben has 15 years of commercial real estate experience across residential development, asset manageme...
Ben has 15 years of commercial real estate experience across residential development, asset management, commercial brokerage, real estate investment and financing, and debt and equity origination. Ben previously worked within the Capital Markets teams at CBRE and Colliers prior to joining the Ray White Group in 2016. Ben has extensive transactional experience across office, retail, mixed-use and residential development sites, acting for a range of corporate, institutional, government and private clients. Since joining RW Capital in 2019 Ben has been responsible for deal origination across the group’s debt and equity businesses and ongoing management of the group’s portfolio.
Matthew Falk
Executive Director
Matthew joined RW Capital in 2020, having previously worked at McKinsey & Company where he was a man...
Matthew joined RW Capital in 2020, having previously worked at McKinsey & Company where he was a management consultant for two years. Prior to McKinsey, Matthew worked for Goldman Sachs’ Securities division in Hong Kong and Sydney. He holds a Bachelor of Commerce and a Bachelor of Economics from the University of New South Wales.
Daniel Millar
Investment Director
Daniel has 14+ years of real estate finance experience and is a qualified property valuer. Prior to ...
Daniel has 14+ years of real estate finance experience and is a qualified property valuer. Prior to joining RW Capital, Daniel held various senior roles within the corporate finance division at National Australia Bank specialising in mid-market property finance transaction across all real estate asset classes. During his time at National Australia Bank, Daniel was primarily responsible for the origination and management of a $2 billion debt portfolio with 25+ high net worth property investor and developer clients. Daniel has a GradDip Property Development and Investment from Western Sydney University
Eddy Wang
Investment Associate
Eddy joined RW Capital in 2024. Prior to joining RW Capital Eddy worked in the Investment Banking Di...
Eddy joined RW Capital in 2024. Prior to joining RW Capital Eddy worked in the Investment Banking Division at UBS, where he executed a variety of M&A Transactions and Capital Raisings across a wide range of industries, including Real Estate, Building Products, Consumer Services, Critical Minerals, Telecommunications, and Technology. Prior to UBS, Eddy was a part of the Property and Mining Investment Banking teams at Deutsche Bank. He holds a Bachelor of Commerce and a Bachelor of Laws from the University of New South Wales.
Dominic Wild
Portfolio Manager
Dominic joined RW Capital in 2021 with previous experience as the Acquisition Manager for Kinkera Co...
Dominic joined RW Capital in 2021 with previous experience as the Acquisition Manager for Kinkera Community, a private disability housing provider operating within the NDIS. In the role, he acquired and developed residential properties throughout Australia for individuals with a range of intellectual, neurological or physical disabilities. Prior to that, he was delivering a range of residential and industrial developments with Fiducia Property Group. Dominic holds a Bachelor of Property Economics and a Bachelor of Sport and Exercise Management from the University of Technology, Sydney.
Jemima White
Investment Analyst
Jemima is a 5th generation White family member and joined RW Capital as an Investment Analyst in 202...
Jemima is a 5th generation White family member and joined RW Capital as an Investment Analyst in 2024. Before joining RW Capital, Jemima worked as a Data Analyst in the Ray White economics team where she worked closely with Ray White’s Chief Economist and data scientists extracting data-driven insights on the Australian property market to share with journalists and Ray White franchises across the country. Jemima has a Bachelor of Commerce at the University of Sydney majoring in Finance and Economics.
David Mao
Executive Director
David has over 11+ years of real estate and investment banking experience and has worked on >$4 bill...
David has over 11+ years of real estate and investment banking experience and has worked on >$4 billion of transactions across private credit, real estate private equity, M&A and leveraged finance. Prior to joining RW Capital, David worked in Greenstone Partners (corporate finance) and Macquarie Capital in real estate investment banking. David joined RW Capital in 2016 where he has helped originate, structure and manage over $2 billion of real estate loans across sectors such as residential, industrial, commercial and retail. David is dedicated to building strong investment outcomes for private and institutional capital partners across real estate private credit and private equity.
Matthew Budden
Head of International Capital Markets
Matthew has been Head of International Capital Markets for RW Capital since he joined in 2017. He h...
Matthew has been Head of International Capital Markets for RW Capital since he joined in 2017. He has 25 years of investment banking and financial services experience, including 18 years based in Hong Kong holding various senior positions covering Hong Kong, China, Korea, Singapore and Southeast Asia. Prior to joining RW Capital, he was Deputy General Counsel at JP Morgan leading the Asia-Pacific legal team in corporate derivatives, structured products and prime services. Prior to that he was the Deputy General Counsel for Bank of China International and General Counsel for Mitsubishi - UFJ Group in Hong Kong. Matthew’s expertise lies in advising on both debt and equity capital raising, restructurings, and financing including arranging sovereign loans and private lending. Matthew is a qualified Solicitor in Hong Kong and Australia
Luke Dixon
Head of Institutional Capital & Research
Luke joined RW Capital in 2024, having previously worked at AMP Capital where he was Head of Researc...
Luke joined RW Capital in 2024, having previously worked at AMP Capital where he was Head of Research & Investment Strategy across their real assets platform for six years. Luke also sat as a voting member of the AMP Capital Investment Committee for real estate, approving more than $15 billion in transactions. Prior to his time at AMP Capital, Luke has also worked in corporate advisory and research at Colliers, CBRE, AECOM and Macquarie Capital. Luke holds a BA/BComm (Hons) from Monash University.
Annabelle Maitland
Investor Relations
Annabelle joined RW Capital in 2023. Prior to joining RW Capital, Annabelle was Investor Relations M...
Annabelle joined RW Capital in 2023. Prior to joining RW Capital, Annabelle was Investor Relations Manager at Adamantem Capital. Prior to that she was an investment banker in London working at Harris Williams & Co and JEGI | Clarity. She received a Bachelor of Economic and Social Sciences from Sydney University and has passed levels 1 & 2 of the CFA.
David Mao
Executive Director
David has over 11+ years of real estate and investment banking experience and has worked on >$4 bill...
David has over 11+ years of real estate and investment banking experience and has worked on >$4 billion of transactions across private credit, real estate private equity, M&A and leveraged finance. Prior to joining RW Capital, David worked in Greenstone Partners (corporate finance) and Macquarie Capital in real estate investment banking. David joined RW Capital in 2016 where he has helped originate, structure and manage over $2 billion of real estate loans across sectors such as residential, industrial, commercial and retail. David is dedicated to building strong investment outcomes for private and institutional capital partners across real estate private credit and private equity.
Matthew Budden
Head of International Capital Markets
Matthew has been Head of International Capital Markets for RW Capital since he joined in 2017. He h...
Matthew has been Head of International Capital Markets for RW Capital since he joined in 2017. He has 25 years of investment banking and financial services experience, including 18 years based in Hong Kong holding various senior positions covering Hong Kong, China, Korea, Singapore and Southeast Asia. Prior to joining RW Capital, he was Deputy General Counsel at JP Morgan leading the Asia-Pacific legal team in corporate derivatives, structured products and prime services. Prior to that he was the Deputy General Counsel for Bank of China International and General Counsel for Mitsubishi - UFJ Group in Hong Kong. Matthew’s expertise lies in advising on both debt and equity capital raising, restructurings, and financing including arranging sovereign loans and private lending. Matthew is a qualified Solicitor in Hong Kong and Australia
Luke Dixon
Head of Institutional Capital & Research
Luke joined RW Capital in 2024, having previously worked at AMP Capital where he was Head of Researc...
Luke joined RW Capital in 2024, having previously worked at AMP Capital where he was Head of Research & Investment Strategy across their real assets platform for six years. Luke also sat as a voting member of the AMP Capital Investment Committee for real estate, approving more than $15 billion in transactions. Prior to his time at AMP Capital, Luke has also worked in corporate advisory and research at Colliers, CBRE, AECOM and Macquarie Capital. Luke holds a BA/BComm (Hons) from Monash University.
Annabelle Maitland
Investor Relations
Annabelle joined RW Capital in 2023. Prior to joining RW Capital, Annabelle was Investor Relations M...
Annabelle joined RW Capital in 2023. Prior to joining RW Capital, Annabelle was Investor Relations Manager at Adamantem Capital. Prior to that she was an investment banker in London working at Harris Williams & Co and JEGI | Clarity. She received a Bachelor of Economic and Social Sciences from Sydney University and has passed levels 1 & 2 of the CFA.
Joseph Kinshela
Group Financial Controller – Ray White
Joseph is the Financial Controller at RW Capital and White & Partners, and brings with him over 20 y...
Joseph is the Financial Controller at RW Capital and White & Partners, and brings with him over 20 years of leadership, financial management and accounting experience. Prior to RW Capital and White & Partners, Joseph was Senior Manager in the audit division of EY. Joseph has a Bachelor of Business majoring in accounting and finance, and is a member of the Institute of Chartered Accountants in Australia and New Zealand.
Rebecca Everingham
Finance Director - Ray White Family Office
Rebecca joined Ray White Group in 2004 and has been a trusted advisor to the White Family for 20 yea...
Rebecca joined Ray White Group in 2004 and has been a trusted advisor to the White Family for 20 years. Her role includes ensuring the Ray White Group and White Family meet their taxation and financial reporting obligations, and she also holds the role of Company Secretary for several Ray White Group companies. Before joining Ray White, Rebecca worked at Macquarie Group, KPMG and Deloitte.
Chrisanthe Makris
General Counsel
Chrisanthe has over 20 years of experience in banking and financial markets gained across the UK, at...
Chrisanthe has over 20 years of experience in banking and financial markets gained across the UK, at Deutsche Bank and Ashurst, and in Australia at King Wood Mallesons, ANZ, and Metrics Credit Partners. Chris provides an approach to structuring and execution that balances the commercial and risk priorities for both investors and borrowers, with extensive experience in structuring, advising on and executing complex real estate financing solutions as well as fund formation and management
Robert Aunalla
Finance Director
Robert joined RW Capital in 2020, and brings with him numerous years of accounting experience workin...
Robert joined RW Capital in 2020, and brings with him numerous years of accounting experience working in the private equity, management consulting and business restructuring sectors. Prior to this, Robert spent two years working in the private equity sector in the United Kingdom, where he was responsible for the investment monitoring, treasury management and fund accounting of the funds under management. Prior to that, he worked in public practice in Australia, with a focus on management consulting and business restructuring. Robert has a Bachelor of Business from the University of Technology Sydney and is a member of the Institute of Chartered Accountants in Australia and New Zealand.
Efren Jr Lorenzo
Finance Manager
Prior to joining RW Capital in 2021, Efren spent three and a half years at Nexia Australia working i...
Prior to joining RW Capital in 2021, Efren spent three and a half years at Nexia Australia working in the Audit and Assurance Division, where he completed financial audits and reviews on various companies ranging from large ASX listed to small not-for-profit entities. Efren has a Bachelor of Business from the University of Technology, Sydney and is also a member of Chartered Accountants Australia and New Zealand.
James Chadban
Financial Accountant
James joined RW Capital in 2024. Prior to joining RW Capital James worked at Pitcher Partners in the...
James joined RW Capital in 2024. Prior to joining RW Capital James worked at Pitcher Partners in the Business Advisory and Assurance division, where he completed financial audits and reviews on various companies including ASX-listed businesses, large private groups, and small not-for-profits. He holds a Bachelor of Commerce and a Bachelor of Arts from the University of Wollongong
Kirsty Bartter
Operations Manager
Kirsty has been a part of the RW Capital team since 2021. She brings a diverse range of experience f...
Kirsty has been a part of the RW Capital team since 2021. She brings a diverse range of experience from her roles in real estate, marketing, and construction. Kristy has also worked in the NFP sector across events and sponsorship.
Joseph Kinshela
Group Financial Controller – Ray White
Joseph is the Financial Controller at RW Capital and White & Partners, and brings with him over 20 y...
Joseph is the Financial Controller at RW Capital and White & Partners, and brings with him over 20 years of leadership, financial management and accounting experience. Prior to RW Capital and White & Partners, Joseph was Senior Manager in the audit division of EY. Joseph has a Bachelor of Business majoring in accounting and finance, and is a member of the Institute of Chartered Accountants in Australia and New Zealand.
Rebecca Everingham
Finance Director - Ray White Family Office
Rebecca joined Ray White Group in 2004 and has been a trusted advisor to the White Family for 20 yea...
Rebecca joined Ray White Group in 2004 and has been a trusted advisor to the White Family for 20 years. Her role includes ensuring the Ray White Group and White Family meet their taxation and financial reporting obligations, and she also holds the role of Company Secretary for several Ray White Group companies. Before joining Ray White, Rebecca worked at Macquarie Group, KPMG and Deloitte.
Chrisanthe Makris
General Counsel
Chrisanthe has over 20 years of experience in banking and financial markets gained across the UK, at...
Chrisanthe has over 20 years of experience in banking and financial markets gained across the UK, at Deutsche Bank and Ashurst, and in Australia at King Wood Mallesons, ANZ, and Metrics Credit Partners. Chris provides an approach to structuring and execution that balances the commercial and risk priorities for both investors and borrowers, with extensive experience in structuring, advising on and executing complex real estate financing solutions as well as fund formation and management
Robert Aunalla
Finance Director
Robert joined RW Capital in 2020, and brings with him numerous years of accounting experience workin...
Robert joined RW Capital in 2020, and brings with him numerous years of accounting experience working in the private equity, management consulting and business restructuring sectors. Prior to this, Robert spent two years working in the private equity sector in the United Kingdom, where he was responsible for the investment monitoring, treasury management and fund accounting of the funds under management. Prior to that, he worked in public practice in Australia, with a focus on management consulting and business restructuring. Robert has a Bachelor of Business from the University of Technology Sydney and is a member of the Institute of Chartered Accountants in Australia and New Zealand.
Efren Jr Lorenzo
Finance Manager
Prior to joining RW Capital in 2021, Efren spent three and a half years at Nexia Australia working i...
Prior to joining RW Capital in 2021, Efren spent three and a half years at Nexia Australia working in the Audit and Assurance Division, where he completed financial audits and reviews on various companies ranging from large ASX listed to small not-for-profit entities. Efren has a Bachelor of Business from the University of Technology, Sydney and is also a member of Chartered Accountants Australia and New Zealand.
James Chadban
Financial Accountant
James joined RW Capital in 2024. Prior to joining RW Capital James worked at Pitcher Partners in the...
James joined RW Capital in 2024. Prior to joining RW Capital James worked at Pitcher Partners in the Business Advisory and Assurance division, where he completed financial audits and reviews on various companies including ASX-listed businesses, large private groups, and small not-for-profits. He holds a Bachelor of Commerce and a Bachelor of Arts from the University of Wollongong
Kirsty Bartter
Operations Manager
Kirsty has been a part of the RW Capital team since 2021. She brings a diverse range of experience f...
Kirsty has been a part of the RW Capital team since 2021. She brings a diverse range of experience from her roles in real estate, marketing, and construction. Kristy has also worked in the NFP sector across events and sponsorship.
Nerida Conisbee
Chief Economist
Nerida is RW Capital’s Chief Economist and one of Australia’s leading property experts. She brin...
Nerida is RW Capital’s Chief Economist and one of Australia’s leading property experts. She brings over 20 years of property research experience to the team and has held senior positions within commercial agencies and major consulting firms throughout her career. Nerida’s stellar industry experience includes holding the seat of Deputy Chair of the Construction Forecasting Council and being a member of the Australian Taxation Office’s Foreign Investment Stakeholder Group. She is also on the Southeast Queensland Housing Supply Expert Panel and provides expert advice on property market conditions to major Government bodies.
Vanessa Rader
Head of Research
Vanessa is the Head of Research for the Ray White Group, working with the White family to grow exper...
Vanessa is the Head of Research for the Ray White Group, working with the White family to grow expertise in the commercial market. Vanessa has over 20 years’ experience in property, the majority of which in the field of property research having worked in senior roles at JLL, CBRE, LandMark White and Knight Frank. Her expertise is across all asset classes nationally, including office, industrial, retail, hotel, residential and special uses such as medical and childcare. Vanessa is known for first to market, niche property research and regularly commentates in the media. Having completed a Bachelor of Commerce in Property Economics and Masters in Property Development, Vanessa was the recipient of the API Young Achiever of the Year award in 2005 and their Meritorious Service Award in 2013.
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