Former EQT director Kalman joins PAC Capital

appointment equity trustees investment management

25 August 2023
| By Laura Dew |
image
image
expand image

Harvey Kalman, who spent over 20 years at Equity Trustees, has joined the board of PAC Capital. 

He joined asset manager PAC Capital this month as its new executive chairman who will lead the business after founder Clayton Larcombe stepped down as chief investment officer and director, although he will remain its owner.

PAC Capital is a privately owned, independent asset manager based in Sydney which manages two multi-asset investment products, two global equities funds and a venture fund.

As a result of the move, Kalman has stepped down from his position at micro-investing platform Raiz Invest and from his role as chairman at MSC Group.

At Raiz, which he joined in October 2021, he initially worked as chair until September 2022 and then as a non-executive director and chair of the audit committee. Raiz said it will commence a search process for Kalman’s replacement. 

He spent over 20 years at Equity Trustees from 2000 to 2021 in a variety of roles including managing director of UK and Europe and global head of business development.

Other roles he held include chair of the financial planning advisory board at Deakin University, board investment committee member at Heart Foundation and non-executive director at Menzies Foundation.

Earlier this month, former Antipodes portfolio manager Sunny Bangia departed PAC after just three weeks in the role of chief investment officer. 

Read more about:

AUTHOR

Add new comment

The content of this field is kept private and will not be shown publicly.
 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Graeme

FWIW I am a long term holder of both. I am relaxed about my LICs trading at a discount. Part of a cycle. I would like...

2 days 3 hours ago
Ross Smith

The term "The democratisation of private assets continues to gain steam" is marketing misleading. There is no democracy...

2 days 5 hours ago
Greg

I have passed this exam, and it is not easy or fair exam. It's no wonder that advisers are falsifying their results. ...

5 days 5 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 3 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 2 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 3 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND