Who is Soul Patts?
Soul Patts is a private equity firm based in Australia.

Soul Patts
- Type
- private equity firm
- Headquarters
- Australia
- Website
- soulpatts.com.au
How they work
Soul Patts is the Australian-listed investment group Washington H. Soul Pattinson and Company Limited. It invests permanent capital across private and listed companies, credit, emerging companies, fixed income and real assets. Its private-company approach includes founder partnerships and buy-and-build strategies.
Soul Patts evaluates investments across industries and capital structures, actively manages its portfolio mix and supports private companies through board oversight, growth capital and strategic input. Permanent capital permits flexible ownership and investment horizons.
- Sector focus
- Unconstrained industry and capital-structure mandate, with disclosed operating holdings in building products, industrial electrical solutions, swim education, resources, telecommunications and financial services.
- Majority or minority
- Flexible ownership mandate. The current portfolio includes controlled subsidiaries and minority listed and private investments.
- Geography
- Australian investment base with international investments and co-investments; the FY2026 report describes offshore exposure across North America, the UK and Asia-Pacific.
- Ownership
- Active strategic engagement and representation on subsidiary boards, with oversight of strategy, finance and execution.
- Hold period
- Long-term, patient investment using permanent capital; private-company ownership and exit horizons are flexible rather than a fixed fund-life deadline.
- Capital
- FY2026 portfolio pre-tax net asset value was A$13.711 billion at 31 July 2026. Private Companies accounted for A$2.279 billion. These are NAV figures, not a fund commitment or deal-size limit.
- Capital model
- ASX-listed permanent-capital investment company investing across equity, credit and real assets.
- Platform or bolt-on
- The private-company mandate explicitly includes founder and management partnerships and buy-and-build strategies.
Their portfolio
Showing 8 of 8 known holdings — coverage is still partial.
- Aeris ResourcesSectorAgriculture & resourcesWhat they doAeris Resources is an Australian copper and gold producer. Soul Patts retained an investment after a FY2026 sell-down, while ceasing associate accounting in January 2026.
- AmpcontrolSectorIndustrials & manufacturingWhat they doAmpcontrol designs and manufactures electrical, energy and control solutions for industrial customers. The FY2026 report identifies Ampcontrol as a major subsidiary.
- BrickworksSectorConstruction & infrastructureWhat they doBrickworks manufactures building products and is a major controlled subsidiary following the 2025 merger.
- Carlile SwimSectorEducationWhat they doCarlile provides learn-to-swim lessons and swimming instruction. The FY2026 report identifies Carlile Swim as a major subsidiary.
- Ironbark Financial GroupSectorFinancial servicesWhat they doIronbark operates advice, private wealth and investment solutions businesses. Soul Patts identifies Ironbark Investment Partners as a major associate in its FY2026 report.
- New Hope CorporationSectorAgriculture & resourcesWhat they doNew Hope is an Australian resources business with coal mining operations. Soul Patts reports it as a major associate and a current listed investment at July 2026.
- TPG TelecomSectorMedia & telecomWhat they doTPG Telecom provides telecommunications services in Australia. Soul Patts retains a listed investment in the FY2026 portfolio despite selling part of its holding.
- TuasSectorMedia & telecomWhat they doTuas holds Singapore mobile telecommunications operations through SIMBA. Soul Patts retained an investment after a FY2026 sell-down, while ceasing associate accounting in August 2025.
Sources
- soulpatts.com.au · portfolio page
- soulpatts.com.au · website
- soulpatts.com.au · research
- datocms-assets.com · research