Australian Unity strengthens capital markets team

property/axa-asia-pacific/australian-unity-investments/interest-rates/treasury/united-states/

11 January 2010
| By Benjamin Levy |

Australian Unity Investments (AUI) has appointed Osvaldo Acosta to the new role of capital markets analyst.

The new role will include managing debt facility covenant requirements across AUI’s 14 property trusts. Acosta will report to the head of capital markets at AUI, Carolyn Ireland.

Ireland said Acosta’s experience in treasury roles would allow the capital markets team to better manage their future funding needs and enhance control of their existing debt facilities.

AUI’s property trusts are a growing area of the business, Ireland said.

Acosta was previously the global treasury manager of Westfield Group, where he was responsible for managing funding, liquidity requirements, interest rates and foreign exchange risk across Australia, New Zealand, Britain and the United States. He was also a treasury dealer at AXA Asia Pacific Holdings.

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