I first came into contact with Ashok Jacob when he was working closely with the Pratt Family and Alex Waislitz in innovative investment strategies that were designed to pick undervalued Australian companies.
In due course Jacob moved much closer to James Packer and indeed, for a time, he ran the Packer family investment operation. Since then Jacob has virtually gone out on his own and converted the former Consolidated Press subsidiary into Ellerston Capital, which manages around $3 billion of funds for either big institutions or wealthy global families.
