The High Flyers Podcast with Vidit Agarwal

#151 Sam Sicilia (Rare Public Interview): Humble roots, theorotical physics, Chief Investment Officer for $100B+ retirement fund, Hostplus!


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We're joined by Sam Sicilia in a very rare public interview appearance. Sam is the Chief Investment Officer for the multi-billion dollar superannuation Fund (Retirement savings) Hostplus, often referred to as a 'giant' in the industry with around 1.7 million members and over $100b funds under management.

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Learn about Sam’s sunrise in Melbourne, Australia and the influences of his parents, who migrated from Sicily to Melbourne in the 1950s. Learnings from his Father who worked in heavy metal forging for aircrafts, heavy trucks, shaping hot steel and Mother was a seamstress. Sam refers to his childhood as “Economically poor but culturally rich”

In this candid conversation, we cover his goals at age 18 to become an astronomer but then pursuing academia and a Phd in Theoretical physics. Sam shared his transition from academia to investment consulting thanks to a phone call from someone who saw him teach and supporting him to succeed. Our host Vidit asked him about his unique views on Balancing people/relationships with diligence/theory in the investment world. 

Particular areas that stand out are:

  • Reflecting on 2008 GFC and Sam starting in CIO role at Hostplus (when they lost a Billion dollars in assets, going from 7.6B to 6.4B!)
  • Why he believes in Venture Capital and the ability to tolerate illiquidity in private equity
  • If he had to redesign the VC model structure today on a white sheet of paper, how would he do it?
  • Portfolio construction within private equity: buyout vs VC?
  • Fee structures with VC funds when interacting with super fund money
  • Specialised vs focused funds

And be sure to listen in on the non work related moments in Sam’s story including his life changing learning from doing a 42 days walk in Spain with his wife in 2019, his biggest area of learning over the next 6 months and the person who inspires him the most today. 

It’s now time to explore your curiosity. Please enjoy!

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Get in touch with our Founder and Host, Vidit Agarwal directly here

 

Contact us via our website to discuss sponsorship opportunities, recommend future guests or share feedback, we love hearing how to improve! 
 

Thank you for rating / reviewing this podcast on Apple Podcasts and Spotify, it helps others find us and convince guests to come on the show! 
 

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The High Flyers Podcast re-imagines the traditional notion of a "high flyer" and is a premier product of the Curiosity Center. The podcast showcases the journeys of relatable role models from their sunrise (childhood) to today. Listeners love the unique and direct inside access to these relatable role models, companies and industries in every walk of life to help us all be 1% better everyday, together.
 

150+ guests have joined Vidit Agarwal on the show from around the world including Heads of state, Olympians, Business and cultural leaders, Social Advocates, Investors, Entrepreneurs and more. 
 

The Curiosity Center is widely recognised as a leading on-demand intelligence network for founders, investors, executives and students with an audience of over 200,000 across this podcast + Association Series Newsletter and 7-Star Events. Find out more at www.curiositycenter.xyz

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The High Flyers Podcast with Vidit AgarwalBy Vidit Agarwal


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