Celebrating the Retirement of David Pace, Co-Founder of Greencape Capital
After an impressive career spanning more than 30 years in funds management - including 19 years as a founding partner of Greencape Capital - David Pace has announced his retirement. Fondly known as “Pacey,” David has been instrumental in shaping Greencape’s success since co-founding the firm in 2006 with Matthew Ryland and Marc Hester.
Under his leadership, Greencape has grown to manage over $15 billion in assets and earned a strong reputation for delivering consistent, long-term alpha for Australian investors. Pacey's legacy is defined not only by investment performance, but also by the collaborative, team-oriented culture he helped instil - one that continues to guide the business today.
He played a key role in Greencape’s structured and forward-thinking succession planning, including the appointment of Jonathan Koh as Co-Portfolio Manager of the High Conviction Fund in 2019. These carefully considered transitions have ensured continuity for clients and a strong foundation for the future.
Victor Rodriguez, Chief Executive, Funds Management at Challenger, said:
“David Pace has played a pivotal role in shaping Greencape Capital into one of Australia’s leading active equity managers, both as co-founder and portfolio manager. We thank him for his immense contribution over nearly two decades. As Greencape’s long-term partner, Fidante is proud to have supported the growth of an exceptional funds management business, and we look forward to continuing our support into the next chapter.”