Myer Family Investments (MFI) was established in 1925 by Sidney Myer, the founder of the Myer Stores department store chain
Proceeds from sales of Myer Stores over 90 years positioned MFI to become a diversified investment house
Founded in 1925, Myer Family Investments (MFI) is a private investment company. MFI shareholders are members of the Sidney and Merlyn Myer family and related entities. MFI is a long-term investor with a global, multi-asset class portfolio.
MFI invests directly and in partnership with high-quality, like-minded investors.
Myer Family Investments (MFI) was established in 1925 by Sidney Myer, the founder of the Myer Stores department store chain.
Sidney Myer’s story as a young Jewish migrant from Krichev, in the southern Russian state of Belarus, to Bendigo in the late 1800s is well known in Australia. Sidney Myer built the Myer Stores empire and a philanthropic legacy that is now entering its fifth generation.
Sidney Myer died in 1934 at age fifty-six, leaving ten per cent of his wealth to The Sidney Myer Fund and the balance of his wealth was invested in MFI, which at the time was the owner of Myer Stores. The Sidney Myer Fund is a substantial shareholder in MFI.
Proceeds from sales of Myer Stores over the last 90 years have positioned MFI to become a diversified investment house and, as such, MFI is today the Myer family’s primary business.
MFI is a provider of long-term, patient and supportive capital and its investments are designed to support the financial future of the family and its philanthropic pursuits.
The corporate structure and stable shareholder base support a genuinely long-term investment perspective. We are focused on compounding returns generated by backing strong companies, management teams and investment professionals.
The nature and scale of MFI’s portfolio allows us to access sophisticated investment structures and to accept volatility, liquidity and term risk in pursuit of compelling returns.
MFI invests both directly and in partnership with high-quality, like-minded investors and retains the structural and cultural flexibility to be entrepreneurial when the right opportunity is identified.
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