Craig Racine

Managing Director and Chief Investment Officer at Gyrostat Capital Management
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Location
Greater Melbourne Area, AU

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Experience

    • Australia
    • Financial Services
    • 1 - 100 Employee
    • Managing Director and Chief Investment Officer
      • Dec 2010 - Present

      Suite 402, 566 St Kilda Road, Melbourne The Managing Director is responsible for all aspects of the business operations, with a particular focus on investment, strategy and communication of our investment approach. As Chief Investment Officer the Executive is responsible for all investment decisions, and ensuring they meet with the investment charter. At all times a risk-return profile in place at the stock specific level with:- - minimal capital at risk via 'lowest cost' bought put options - participate in share… Show more The Managing Director is responsible for all aspects of the business operations, with a particular focus on investment, strategy and communication of our investment approach. As Chief Investment Officer the Executive is responsible for all investment decisions, and ensuring they meet with the investment charter. At all times a risk-return profile in place at the stock specific level with:- - minimal capital at risk via 'lowest cost' bought put options - participate in share price upside - benefit from large 'one off' share price falls Show less

    • Investment Management
    • 1 - 100 Employee
    • Director
      • 2002 - 2010

      Melbourne Master of Applied Finance, University of Melbourne Developed activity based knowledge and software systems to always have protection (bought put options) in place and participate in market upside, whilst receiving regular income. Identify and capture opportunities from differing levels of 'implied volatility' across differing maturities and different strike prices. Manage option positions to re-set risk-return profile. On market falls, sell some protection no longer… Show more Master of Applied Finance, University of Melbourne Developed activity based knowledge and software systems to always have protection (bought put options) in place and participate in market upside, whilst receiving regular income. Identify and capture opportunities from differing levels of 'implied volatility' across differing maturities and different strike prices. Manage option positions to re-set risk-return profile. On market falls, sell some protection no longer required. On market rises, lock in gains with more protection. Sophisticated software allows instant monitoring of a large number of price movements simultaneously. Activity based knowledge developed over many years in combining blue chip high yielding stocks with ASX listed options to achieve the objective. Show less

    • Banking
    • 1 - 100 Employee
    • Managing Director - Asian telecommuncations
      • 1999 - 2001

      Hong Kong Managing Director - Telecommunications and Internet Responsibility for a team of analysts in 10 countries. Major focus on equity research, regional telecommunications analyst, regular global roadshows and country visits within Asia. Regular media appearances on business television, 4 morning meetings per day to sales force in Hong Kong/Singapore, London/Europe, West Coast USA, East Coast USA

    • Executive Director
      • 1996 - 1998

      Hong Kong At the time the largest private equity Fund in Asia. Lead investors the Asian Development Bank, International Finance Corporation, AMP Capital, Soros Fund Management, and Frank Russell Investments. Management of telecommunications portfolio including Board positions in multi-national companies in China, India, Indonesia, The Philippines, Pakistan, and globally.

    • South Korea
    • Mechanical Or Industrial Engineering
    • Senior Business Analyst
      • 1992 - 1996

      Melbourne and Perth Headed the compilation of Telstra's research & development claim across Australia, working within the corporate taxation team. Progressed to business analyst, preparation and presentation to investment committee of business plans. Moved to International Business Unit, as senior business analyst in the construction and launch of the first mobile phone network in India, in Calcutta. Experience also in South Asia. Preparation of mobile phone bids within India, in partnership… Show more Headed the compilation of Telstra's research & development claim across Australia, working within the corporate taxation team. Progressed to business analyst, preparation and presentation to investment committee of business plans. Moved to International Business Unit, as senior business analyst in the construction and launch of the first mobile phone network in India, in Calcutta. Experience also in South Asia. Preparation of mobile phone bids within India, in partnership with Asian Infrastructure Fund (for whom I was subsequently employed and moved to Hong Kong.) Invaluable activity based experience, set the platform for Board seats as fixed line and mobile networks built throughout Asia (7 investments), and as rated regional telecommunications analyst with global roadshows as the companies were progressively listed throughout the region. Show less

    • Australia
    • Business Consulting and Services
    • 700 & Above Employee
    • Associate
      • 1988 - 1991

      Audit, taxation research & development, international taxation and transfer pricing (scholarship winner to London and New York)

Education

  • University of Melbourne
    Masters of Applied Finance, Investing
    2002 - 2004
  • University of Melbourne
    Bachelor of Laws (LL.B.), Finance, General
    1985 - 1990

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