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Our People

At Gandel Invest, we value our people and the relationships we build with our business partners. Our team demonstrates professionalism and integrity and brings together extensive experience in venture capital, corporate governance, strategic leadership and property development.




Tony Gandel

Tony is the founder of Gandel Invest and has over 25 years' experience in the Australian property industry.

At Gandel Invest, Tony and the team are focussed on innovation and growth and believe strong relationships with our business partners are integral to successful investments.

Before founding Gandel Invest, Tony held the position of Joint Managing Director of Gandel Retail Management (GRM), a specialist property management group. GRM was established in 2002 when the retail assets of Colonial First State Property Trust were merged with the retail assets of Gandel Retail Trust.

As Joint Managing Director of the Gandel Group’s retail assets, Tony was instrumental in this transaction, which consolidated Gandel Retail Trust’s position as the second largest retail trust on the Australian Stock Exchange.

At Gandel Retail Management, Tony was responsible for acquisitions, leasing, centre management and operations, marketing and investor relations.

During his time as Joint Managing Director, funds under management increased from approximately $2bn to $8bn through organic growth and conservatively financed acquisitions.

Tony commenced his career in the Marketing Department at Cadbury, where he held the position of Marketing Product Manager. Tony left Cadbury to join the Gandel Group, where he held several roles across the Gandel Group before being appointed to Joint Managing Director in 1998.

Tony’s experience in property has also seen him successfully partner with a number of property developers in residential and commercial developments.

Tony holds a Bachelor of Business from Monash University and an MBA from Pepperdine University.




Steven Hoffman

Steven is the Chief Financial Officer at Gandel Invest and is responsible for sourcing, evaluating and transacting private equity opportunities.

Steven brings extensive experience in venture capital and corporate advisory to Gandel Invest.

For 15 years, Steven had his own advisory practice, acting for high net worth investors and private equity firm Propel Investments (previously DB Capital Partners).  He also worked with small fast growing businesses as a corporate advisor.

Prior to establishing his practice, Steven held the position of Executive Director with David Smorgon’s Generation Investments.

Steven also worked with Pratt Industries for 9 years in venture capital and corporate advisory, as well as managing small satellite businesses for the group. 

Steven holds Law and Commerce degrees from the University of Melbourne.




Gary Waisman

Gary has been in property development for the past 8 years.

His experience has been obtained from managing several multi-storey residential projects from start to finish including the initial schematic design and feasibility analysis through to planning, marketing, documentation and project handover.

Through his projects, Gary has built sound working relationships with various architects, engineers, consultants and selling agents.



Find Us
Suite 3
209 Toorak Road

South Yarra
Victoria 3141


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+61 3 9827 6992