Andrew Hill

Argo Investments Limited is a genuine and well-established Australian company — a Listed Investment Company (LIC) trading on the ASX under the code ARG, founded in 1946 and headquartered in Adelaide, South Australia. It is one of Australia's largest and oldest LICs, investing primarily in a long-term diversified portfolio of ASX-listed Australian equities on behalf of retail shareholders. This business model is the opposite of angel/seed investing: Argo buys shares in large, established, publicly listed companies rather than writing early-stage cheques into startups. The stub's labels of "Angel Investors" and "Seed Round" are therefore inconsistent with the firm's actual activity.

Crucially, no person named "Andrew Hill" appears on Argo Investments' current leadership team, board of directors, investment team, or operations staff. According to the firm's own "Our People" page, the Chief Financial Officer is Stephen Mortimer, who joined Argo in 2012, became Finance Officer in 2023, and was promoted to CFO in 2024 (his prior experience includes Deloitte and Schulz Hobbs). The firm's other senior executives are Jason Beddow (Managing Director), Tim Binks (Chief Operating Officer and long-standing Company Secretary since 2010), and a non-executive board chaired by Peter Warne.

Repeated targeted web searches (for "Andrew Hill" + Argo Investments, for a former/past CFO or Company Secretary of that name, and for an "Andrew Hill" angel investor in Adelaide) returned no matching individual. The only prominent "Andrew Hill" figures in the investment world are unrelated — for example Andrew D.W. Hill, CFA, who runs *Andrew Hill Investment Advisors, Inc.* in Naples, Florida (a US registered investment adviser), and an Andrew F. Hill at Ranger Investment Management in the US. Neither has any connection to Argo Investments or to Australian angel/seed investing.

In short: the firm and its contact details are real, but the named individual and the described role/investment profile cannot be substantiated. Rather than fabricate a career history, education, or portfolio, I am reporting the discrepancy.

• No verifiable personal investment thesis exists for an individual "Andrew Hill" at Argo Investments.
• For context on the firm actually tied to the contact details: Argo Investments pursues a conservative, long-term, buy-and-hold strategy in a diversified portfolio of ASX-listed Australian companies, aiming to provide shareholders with capital growth and a stream of fully franked dividends over the medium-to-long term. It is a public-market equity investor, not a seed-stage or angel investor.