
Tadpoles Capital

About Us
Tadpoles Capital is a Perth-based, student-led investment portfolio focused exclusively on the Australian market.
We’re a group of student analysts passionate about turning strong ideas into lasting value. Tadpoles Capital is our platform to do just that, combining our growing skills in equity research with a long-term approach to investing.
As students of markets, we spend our time digging into company fundamentals, writing research reports, and building valuations from the ground up. This site is a place to share those insights, not just as theory, but as real investment thinking. Our equity research is thoughtful, transparent, and built to grow alongside our experience.
We also manage a long-term capital fund designed to give others the opportunity to invest alongside us. With a focus on steady, risk-conscious growth, our goal is simple: make smart, well-researched investing accessible, and build something valuable together.

Our Investment Approach
Simple. Strategic. Student-led.

1
Tadpoles' Watchlist
The Watchlist is where our research process begins. We consider macroeconomic shifts, emerging market trends, and commodity moves. This is the space where we highlight the companies we plan to explore.
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Geopolicial events & shifts
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Macro & market trends
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Commodity movements & implications
2
Equity Research & Reports
Independently conducted equity research by our team of student analysts. Our reports combine fundamental valuation, macroeconomic context, and company-specific insights to help investors make informed decisions.
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ASX-listed company coverage
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Clear investment theses
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Analyst commentary in plain language
3
The Pond
The Pond is our long-term capital fund; a pooled investment managed by student analysts and built from the same equity research we publish. Designed for young investors, it offers a simple way to grow your money alongside a team that’s actively learning.
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Passive long-term value
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Student managed
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Transparent Structure
Our Journey
Tadpoles Capital began as a shared ambition between student analysts to bridge the gap between academic insight and real-world investing.
For us, Tadpoles Capital isn’t about claiming to have all the answers. It's about our development, showing our process: the work behind the decisions, the research behind the positions, and the mindset behind long-term investing.
Financial Units & Research
Case Competitions
Industry Mentorship
Analysts
Why Use an Investment Fund?
Investing can be intimidating, but it doesn’t have to be.
Tadpoles Capital gives you access to a student-managed portfolio without the stress of choosing stocks, tracking markets, or rebalancing risk.
Diversification
without needing tens of thousands of dollars
Risk Management
through calculated, disciplined allocation
Time Saving
no day to day involvement
Opportunity
to grow wealth and make regular contributions
Meet Our Team
The Students behind Tapoles Capital
Harrison Smith
Co-Founder | Equity Research Analyst
harrison.smith@tadpolescapital.com
Student at the University of Western Australia, enrolled in the Bachelor of Philosophy [Honours] program. Interested in applying both economic principles and econometric techniques to financial landscapes. Within Tadpoles, focuses on equity research, market analysis, and valuation. Forecasted the direction of the global economy through the recent Bridgewater Forecasting the Future Challenge.

Hamish Elliott
Co-Founder | Equity Research Analyst
hamish.elliott@tadpolescapital.com
Hamish is studying a Bachelor of Advanced Science (Honours) in Financial Mathematics at Curtin University. He is passionate about applying quantitative models to real-world investing and has a strong interest in mining and natural resources. At Tadpoles, Hamish focuses on fundamental equity research, and valuation of ASX-listed mining companies.

Gabriel Pereyra
Co-Founder | Equity Research Analyst
gabriel.pereyra@tadpolescapital.com
Second-year Bachelor of Advanced Science (Honours) student at Curtin University, majoring in Financial Mathematics. Interested in mathematical modelling and its application to financial markets, particularly in security pricing. Currently writing a paper on the higher moments in the volatility dynamics of NYMEX natural gas futures, focusing on underexplored areas to identify inefficiencies and opportunities in the market.

Matthew
Mining Analyst | Consultant

Charlie
Intern

Contact Us or Enquire Now
