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).
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).
Bedrock Mortgage Fund: November 2025
December 9, 2025
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Across November the Fund delivered an annualised return of 10.04%, despite a lower-than-target cash utilisation at around 86%.
Bedrock Mortgage Fund: October 2025
November 10, 2025
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October marked a significant milestone for Bedrock, with the Fund surpassing $100 million in funds under management, a reflection of the trust and…
Bedrock Mortgage Fund: September 2025
October 9, 2025
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In an increasingly competitive lending environment we are pleased to report that Bedrock returned an annualised 10.18% in September, or the RBA Rate…
Building on Bedrock: What $100M Means for Investors
October 2, 2025
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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…
Bedrock Mortgage Fund: August 2025
September 15, 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%.
Bedrock Mortgage Fund: July 2025
August 8, 2025
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July saw Bedrock deliver a distribution at 10.75% (annualised) as forecast last month.
Bedrock Mortgage Fund: June 2025
July 14, 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…
The Rising Trend Toward Diversified Pooled Mortgage Funds
June 30, 2025
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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…
Bedrock Mortgage Fund: May 2025
June 19, 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…
Bedrock Mortgage Fund: April 2025
May 13, 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…
Bedrock Mortgage Fund: March 2025
April 15, 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…
Bedrock Mortgage Fund: February 2025
March 14, 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%…











