Investor Michael Frazis has reached a major milestone in his professional journey, celebrating the Australian Securities Exchange (ASX) listing of Lioncrest Partners’ new exchange-traded fund (ETF), ROAR.
The fund officially commenced trading on the ASX on June 1 under the ticker ASX: ROAR, marking the first time investors have been able to access a retail version of the firm’s growth-focused investment strategy. Previously, the strategy had been available only to wholesale and sophisticated investors.
The occasion was celebrated at the ASX listing ceremony in Sydney, where Frazis was joined by business partners Edward Myer, Angus Walker and Christopher Coen, along with family members and supporters who have played a role in the firm’s growth.
For Frazis, the listing represents both a significant achievement and the beginning of a new chapter.
“It’s been a long journey,” he told The Greek Herald.
“We’ve had years when we’ve been one of the top-performing funds in the country, and one year, in 2022, that was a lot more challenging. We adapted our strategy and have had a strong rebound, mostly by using the latest artificial intelligence to develop quantitative risk management.”

The newly listed Lion Active ETF invests globally in high-growth companies, with a focus on sectors including technology, healthcare, semiconductors and consumer businesses.
According to Lioncrest Partners, the fund combines fundamental research with proprietary quantitative risk management designed to protect capital during periods of market volatility while maintaining exposure to long-term growth opportunities.
The listing follows a strong recovery period for the firm’s wholesale strategy. Lioncrest reports that its wholesale fund generated a net annual return of 42 per cent over the past three years, following a difficult period during the market turmoil of 2022.
Despite operating in the highly competitive world of global finance, Frazis credits much of his success to the support of family and the Greek Australian community.
“I’ve been lucky to have had significant support from the Greek community the entire time, which I’m personally extremely grateful for,” he said.
“I come from a big Greek family from Kastellorizo and Kalymnos, and the support there has also been incredible, through the good times and the bad, so I feel very lucky.”
That family connection remains deeply embedded in the business today.
Among those involved are George Frazis, former Chief Executive Officer of Bank of Queensland and Chair of Lioncrest’s Investment Committee; Anna Satouris, who manages client relations; Katy Georgiadis, who oversees operations and administration; and Amanda Kailis, one of the firm’s investors.

The ASX listing ceremony therefore marked not only a professional milestone but also a family achievement, reflecting years of support, collaboration and belief in the business’s vision.
Frazis founded the investment firm after a career spanning private equity and finance in London, including experience with Goldman Sachs and the Boston Consulting Group. A graduate of Oxford University and the London School of Economics, he has built a reputation for investing in high-growth global companies while developing proprietary risk-management systems designed to navigate changing market conditions.
Today, Lioncrest manages investment strategies across global equities and has increasingly incorporated artificial intelligence into its research and portfolio management processes. The firm has also developed its own AI-powered research platform, designed to identify investment opportunities and monitor risk across global markets.
While the ASX debut represents a major achievement, Frazis is already focused on what comes next.
“For us, this is a significant milestone as it’s the first time we’ve had a strategy that’s open to the general public rather than restricted to high-net-worth investors,” he said.
“But while it’s a milestone, it’s also a launch and a beginning, so the really hard work is ahead.”

As Lioncrest embarks on its next phase as an ASX-listed investment manager, Frazis says the goal remains unchanged: identifying exceptional growth businesses around the world while continuing to evolve the firm’s technology-driven approach to investing.
For a Greek Australian family business that began with a vision and a belief in innovation, the ringing of the ASX bell was both a moment of reflection and the start of a new journey.