Darren Baker


Darren has over 30 years’ experience owning and operating small businesses and hotels. He was a director and responsible manager of Tankstream Funds Management Limited from inception of the Tankstream Pub and Leisure Fund as Waratah Hotel  Group was then called. Darren is experienced in all facets of hotel operation. His primary areas of responsibility are investment fund management and hotel portfolio management.

David Horton


David is a Chartered Accountant with over 25 years’ accounting, business and tax experience. In 2010 he established his own Chartered Accountants practice providing accounting, tax and consulting services to a broad range of clients. David has deep insights and strong experience in the media and entertainment, hospitality and security industries with significant experience in asset sales, acquisitions, business integrations, public listings and takeovers within this space.

Jo Horton


Jo has had more than 20 years experience in the banking industry, including as senior economist at St. George Bank for more than 10 years. Jo holds a Bachelor of Business from UTS, a Masters of Economics from Macquarie University and an Associated Diploma in Hospitality Management from Ryde TAFE.

Jo’s qualifications and experience provide her with a deep understanding of financial markets, economic trading conditions, interest rates and industry trends and insights into the hotel and accommodation sectors.

Fiona Dixon

Responsible Manager

Fiona has over 20 years’ experience in the funds management industry, having held positions with Deutsche Bank and Colonial First State Investments. In the past 10 years Fiona has been responsible for acting as an independent compliance consultant, providing compliance consultancy, external compliance committee membership and acting as responsible manager for numerous funds management companies. She has primary responsibility for providing compliance services to Waratah through her company, Compliance for Business Pty Limited.

Fiona holds a Graduate Diploma in Management from the Macquarie Graduate School of Management.

Philip Baker

Responsible Manager

Phil has over 25 years’ experience in corporate finance and funds management through seven years at Macquarie Bank and his own property funds management businesses including Lachlan REIT, which when sold had $500 million of property assets under management.

Phil has acted as a Responsible Manager for a number of AFSLs and, in addition to this role, is the Responsible Manager for Stapleton Asset Management and Brindabella Investment Group.