Overview
Ausbil commenced operations as a Limited Company in Australia in April 1997. In November 2014,
New York Life Insurance Company, a New York mutual insurance company (“NYLIC” or “Ultimate
Parent”) through its wholly-owned subsidiaries became a principal owner of Ausbil. NYLIC owns
Ausbil through New York Life Investment Management Holdings II International S.ar.l (“Parent”),
a wholly owned subsidiary of New York Life Investment Management Holdings International S.ar.l,
which in turn is a wholly owned subsidiary of New York Life Investment Management Holdings
LLC (“NYLIM”), which is a direct wholly owned subsidiary of NYLIC.
Ausbil is registered with and licensed by the Australian Securities and Investments Commission
(“ASIC”) to advise and deal with a broad range of financial products and services (AFSL 229722).
Ausbil’s core business is the management of Australian and global equities for superannuation funds,
institutional investors, master trusts and Australian retail clients. Ausbil provides discretionary
investment management services to managed investment trusts offered in Australia.
Ausbil is offering the following strategies to US investors that are “accredited investors,” within the
meaning of Regulation D of the Securities Act of 1933 (the “1933 Act”), and “qualified purchasers,”
within the meaning of Section 2(a)(51) of the Investment Company Act of 1940 (the “1940 Act”):
• Global Infrastructure;
• Global Small
Cap; and
• Global Resources.
These are collectively known as the “Strategies”. Admission to the Strategies is not open to the general
public in the US. The Strategies also offer interests to non-US investors primarily in Australia. Unless
otherwise noted, from this point on, the rest of this Brochure will only disclose information in relation
to the “Strategies”.
Ausbil seeks to provide discretionary investment advisory services to investment companies registered
with the SEC and institutions through the management of separate accounts. Ausbil’s discretionary
authority over a separate account may be subject to limitations, restrictions or guidelines imposed by
the client. Ausbil may seek to tailor its investment strategy to meet the needs of clients, however, it may
decline to accept or may terminate the client’s account, if the requirements placed on Ausbil’s ability to
manage the account are too restrictive or constrain its ability to effectively implement a particular
strategy.
As of January 31, 2024, Ausbil managed approximately US$10.26 billion in client assets on a
discretionary basis. On a non-discretionary basis, as of January 31, 2024, Ausbil managed
approximately US$664 million by recommending securities with any resulting investment or
divestment arising from such recommendations undertaken by the client at their own discretion.1
1 As of January 31, 2024. AUM is converted from AUD at the spot rate of this date (1AUD= 0.658317USD).