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About Us

Investment team

The core of Karara's investment team have worked together since 1988. The group has built an outstanding long term track record.

The team structure is flat and all members spend most of their time researching investment ideas.

David Slack

Image David Slack

Managing Director, Chief Investment Officer

David has more than 40 years experience and is a founding Director of Karara Capital.

David has a history of establishing successful equity managers in Australia having previously co-founded County Natwest in 1984 (which later became Invesco Australia) and later Portfolio Partners. 

As Head of Australian Equities at County Natwest David established a durable investment process and outstanding performance record. Portfolio Partners had $5.3 billion in funds under management when it was sold to Norwich Union in 1998. 

He is a former a Non-Executive Director of the Victorian Funds Management Corporation where he was Chair of the Board Investment Committee. David holds a BEc(Hons) from University of Queensland and is a Fellow of FINSIA.


Nick Greenway

Image Nick Greenway

Director & Investment Manager - Small Companies

Nick Greenway joined Karara as Investment Manager in 2010. Nick has over 20 years investment markets experience.

Prior to joining Karara, Nick worked for more than eight years as a portfolio manager and analyst focusing on listed Australian small companies, with Patriot Asset Management where he was also managing director and co-founder. Nick's portfolio delivered strong outperformance over this period.

Prior to Patriot, Nick worked as an investment banker with UBS Warburg Corporate Finance and Merrill Lynch where he held the position of Vice President Investment Banking. 

Nick has a BCom/LLB (Hons) from University of Melbourne.

Akshay Chopra

Image Akshay Chopra

Portfolio Manager

Akshay Chopra has 17 years investment experience and has been with Karara since inception.

Prior experience was at Bell Asset Management as an equity analyst and as an investment consultant at research firms Intech and Mellon Global. At Intech, Akshay was involved in fund manager selection, asset allocation strategy, portfolio construction and investment research, working with some of Australia’s largest pension funds.

Akshay holds a BBus(Bkg&Fin) from Monash University and has also completed a Post Graduate Diploma in Finance from the University of Melbourne.

Peter Kormendy

Image Peter Kormendy

Director & Portfolio Manager - Small Companies

Peter Kormendy has 16 years investment experience and has been with Karara since inception.

Peter has seven years buy side experience analysing small companies. Previously he spent five years as a stockbroking analyst with Deutsche Bank and ABN AMRO.

He holds BEc and BCom degrees from the University of Sydney and is a Senior Associate of FINSIA.

Rod Hine

Rod Hine

Investment Analyst - Small Companies

Rod commenced with Karara Capital in August 2013, joining from Ironbark Asset Management. Rod has over 12 years experience in the investment management industry across a broad range of roles, including business management, finance, M&A and as a Small Companies Analyst at Patriot Asset Management where he worked for over 4 years with Nick Greenway.

Rod holds a BBus and attained his CA qualification in 2003 and completed a Graduate Diploma in Applied Finance and Investments in 2006.

Andrew Smith

Andrew Smith

Director & Investment Manager - Market Neutral Strategy & REITs 

Andrew commenced with Karara in March 2016, joining from Freehold Investment Management where he was responsible for managing an absolute return fund and dedicated REIT and Infrastructure portfolios. Andrew has over 22 years experience undertaking senior positions for several respected funds management firms including Goldman Sachs, APN Property Group and Portfolio Partners.

Andrew holds BComm and BSc degrees from Deakin University and a Graduate Diploma in Applied Finance and Investment from FINSIA.

Jefta Ongkodiputra

Jefta Ongkodiputra

Investment Analyst - Market Neutral Strategy & REITs

Jefta commenced with Karara in February 2017, joining from the ANZ Institutional Bank. Prior to ANZ, Jefta worked at Monash University as a teaching associate and spent time at UniSuper as a research analyst.

Jefta holds BComm and BEc degrees from Monash University.