360 Capital chief resigns

The chief executive of 360 Capital has resigned from the top job to take up an opportunity outside the group.

After 15 years with the company, James Storey will exit. Prior to being promoted to chief executive, he was the head of real assets for the group and was fund manager of the 360 Capital Office Fund (ASX: TOF) and 360 Capital Industrial Fund (ASX: TIX) with a combined gross asset value of more than $1.1 billion.

Tony Pitt, 360 Capital Group executive chair, will assume the chief executive responsibilities.

Pitt said: "James has been with the Group for 15 years, during which time he has been the fund manager for several of the group's listed funds before transitioning to the chief executive of the group since 2022."

"On behalf of the board, I would like to thank James for the contribution he has made to the business and the funds during his tenure at 360 Capital which has encompassed many investments across both real estate debt and equity. We look forward to watching James next chapter of his career."

As chief executive, Storey oversaw 360 Capital Group becoming a private company, officially delisting from the ASX on February 9, where it traded under the ticker code TGP.

Earlier this year, 360 Capital was acquired by TT Investments, the trustee for the TT Investment Trust, which is owned and controlled by Pitt and Teresa Gallagher.

TT Investments and its associates held a 97.14% stake in the group and bought the outstanding amount to take full ownership.

Before joining 360 Capital, Storey was an investment manager at Brookfield Office Properties and senior analyst at Valad Property Group. He also worked for Ernst & Young's transaction advisory services team.

In the 2025 financial year, the group wrote $109.6 million in real estate loans via the 360 Capital Private Credit Fund, an unlisted wholesale contributory mortgage fund. This invests alongside the ASX-listed 360 Capital Mortgage REIT (ASX:TCF).

The group raised $13.6 million in the 360 Capital Mortgage REIT during that year.