David Charles

David Charles

Head of Funds

David is Ark’s inaugural Fund Manager, leading the establishment and launch of Ark’s Bedrock Mortgage Fund after joining us as interim CFO in 2023.

As a career finance leader with a passion for real estate, David infuses his 35+ years’ experience across numerous sectors into his work at Ark. Since 2008, he’s specialised in property investment and funds management, notably spending 10 years as CFO and then CEO and Managing Director of ASX listed REITs Redcape Hotel Group and Hotel Property Investments (HPI).

Ark Capital - David Charles - Bedrock Mortgage Fund

David Charles

David is Ark’s inaugural Fund Manager, leading the establishment and launch of Ark’s Bedrock Mortgage Fund after joining us as interim CFO in 2023.

As a career finance leader with a passion for real estate, David infuses his 35+ years’ experience across numerous sectors into his work at Ark. Since 2008, he’s specialised in property investment and funds management, notably spending 10 years as CFO and then CEO and Managing Director of ASX listed REITs Redcape Hotel Group and Hotel Property Investments (HPI).

A celebration at the Ark Capital Office

Building on Bedrock: What $100M Means for Investors

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The Ark Bedrock Mortgage Fund has surpassed $100 million in funds under management - a milestone that reflects our investors’ trust and confidence in…

Ark Capital Bedrock Mortgage Fund August 2025

Bedrock Mortgage Fund: August 2025

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The Bedrock fund continues to perform well, with an annualised distribution of 10.50% in August, or the RBA cash rate + 6.90%.

Ark Capital Bedrock Mortgage Fund July 2025

Bedrock Mortgage Fund: July 2025

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July saw Bedrock deliver a distribution at 10.75% (annualised) as forecast last month.

Ark Capital Bedrock Mortgage Fund June 2025

Bedrock Mortgage Fund: June 2025

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In June, Bedrock continued its delivery of strong returns with its 10.98% annualised distribution being more than 20% above its target rate of RBA…

Sunset shot across Adelaide

The Rising Trend Toward Diversified Pooled Mortgage Funds

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For experienced investors, the case for diversification is hardly a revelation. But in credit markets and private mortgage lending - it’s a principle…

Ark Capital Bedrock Mortgage Fund May 2025

Bedrock Mortgage Fund: May 2025

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The full effects of the February 0.25% RBA rate cut have now flowed through to the Bedrock fund's performance, with the fund delivering an annualised…

Ark Capital Bedrock Mortgage Fund April 2025

Bedrock Mortgage Fund: April 2025

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April was another solid month for Bedrock. The return at 11.10% annualised is consistent with the previous month and continues to be at a market…

Ark Capital Bedrock Mortgage Fund March 2025

Bedrock Mortgage Fund: March 2025

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March saw an annualised return of 11.15%, materially in line with the preceding span of months, but representing a small reduction flowing from the…

Ark Capital Bedrock Mortgage Fund February 2025

Bedrock Mortgage Fund: February 2025

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February again saw minimal change to the Bedrock portfolio, with the fund maintaining its consistent, predictable performance with a return of 11.26%…

Ark Capital Bedrock Mortgage Fund January 2025

Bedrock Mortgage Fund: January 2025

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January is typically a quiet month in Commercial Real Estate and so it proved in 2025, with minimal change to the Bedrock portfolio.

Ark Capital Bedrock Mortgage Fund December 2024

Bedrock Mortgage Fund: December 2024

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December 2024 saw Ark’s Bedrock Fund maintain its consistent, predictable performance with a return of 11.25% annualised.

Ark Capital Bedrock Mortgage Fund November 2024

Bedrock Mortgage Fund: November 2024

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November 2024 marked a full year since Bedrock’s launch in December of the previous year and saw a significant milestone for Ark.