• Australian Rural Capital Limited is an ASX listed public investment management company and Investment Company.
  • Our Vision and Strategy is to build a listed boutique funds management platform and investment company by investing in, supporting and partnering with the best fund managers across a range of asset classes and investment strategies.
  • We aim to develop, acquire, partner or inject equity capital to fund growth or to recapitalise existing operations.
  • Merewether Capital Management Pty Ltd (40%) which is a newly established boutique micro and small cap funds management company based in Newcastle, NSW.

James Jackson (Chairman)

James Jackson has background and experience in both capital markets and agribusiness. He worked for JB Were in Australia and SG Warburg & Co. in both London and New York over a ten year period in Equity Capital Markets and Institutional Sales transacting with significant American and European institutional investors. He is now a company director and professional investor, and was a director of the ASX listed MSF Sugar Limited (known formerly as The Maryborough Sugar Factory Ltd) from 2004 and Chairman from 2008 until the agreed takeover in 2012. This was during a period of significant growth and shareholder value creation for the company. The skills and expertise relevant to the position of director include a deep knowledge of agribusiness, financial risk management, strategic analysis and development and implementation of strategy and corporate governance. He has strong interest in agriculture and a large network in rural Australia and the capital markets. He holds a Bachelor of Commerce from the University of Queensland, completed the Program for Management Development at Harvard Business School and is a Fellow of the Australian Institute of Company Directors and is a resident of Australia. During the last three years, James has served as a Director and Chairman of MSF Sugar Limited from 2004 to 2012 and Deputy Chairman of Elders Limited (ASX:ELD) from April 2014 to December 2017.


Harley Grosser (Managing Director)

Harley is the Founder, Managing Director and Principal of Capital H Management, a Sydney based specialist small cap funds management company and the manager of the Capital H Inception Fund and Capital H Active Fund. Since founding, the Capital H Inception Fund has delivered a 37% CAGR at 30th June, 2021.He brings extensive knowledge and skills in capital markets, financial analysis and valuation, building and operating an investment management business and in investor relations, developed over the past 12 years. Mr Grosser holds a Bachelor of Commerce from the University of New South Wales and is also currently a Non- Executive Director of Motio Limited (ASX: MXO).

Harley Grosser

Darren Anderson (Non-Executive Director)

Darren Anderson has significant legal and commercial experience and expertise gained over a 27 year career to date. He is a partner in the Brisbane office Holding Redlich and specialises in providing legal services to the property industry. He has particular expertise in major acquisitions and disposals in residential, industrial and rural property, structured property development, due diligence and property finance arrangements. Darren brings extensive legal knowledge and background particularly in real property transactions, and the structuring of finance and due diligence. He has a good understanding of corporate governance, financial accounting and risk assessment. He holds a Bachelor of Commerce and Bachelor of Laws (Second Class Honours) from the University of Queensland and is admitted as a Solicitor in the Supreme Court of Queensland.

DarenAnderson NoTie

Wayne Massey (Non-Executive Director)

Wayne Massey has occupied a number of senior finance executive positions in the sugar industry since 1998, including a period as Chief Financial Officer of MSF Sugar Ltd from 2008 to 2012 (ASX listed until 2012). During this period the sugar industry has undergone a period of deregulation, which was followed by a period of industry consolidation. Wayne has experience in mergers and acquisitions, debt management and development of futures and currency capability. He has also held Director positions of unlisted Australian parent and subsidiary companies in the sugar industry in recent years and has been a Director of SMART, an Industry Superannuation Fund.


Mark Licciardo (Company Secretary)

B Bus(Acc), GradDip CSP, FGIA, FCIS, FAICD is the founder and Managing Director of Mertons Corporate Services. Mark has extensive experience working with Boards of high profile ASX listed companies in the areas of corporate governance, accounting & finance and company secretarial practice. His expertise is in developing and guiding effective governance and he is considered a leader in this sector. His 40 year corporate career has encompassed executive roles in banking and finance, funds management, investment and infrastructure development. Mark is a director of various public (incl. ASX listed) and private companies, a former Chairman of the Governance Institute of Australia Victorian division, LCI Melbourne and Melbourne Fringe Festival and a former company secretary of Top 50 ASX listed companies Transurban Group and Australian Foundation Investment Company Limited.

Mark Licciardo