MLC appoints John Brakey head of private equity

private-equity/appointments/executive-general-manager/asset-management/macquarie-bank/

10 January 2012
| By Chris Kennedy |
image
image image
expand image

MLC has appointed private equity specialist John Brakey from global alternatives manager KKR to head up MLC's private equity division, starting from later this month.

At KKR Brakey was responsible for investor relations and fundraising for private equity in the Australian and New Zealand market. Prior to that he was head of private equity at Macquarie Bank, where he built the private equity team and grew funds under management from $160 million to over $5 billion, according to MLC.

Garry Mulcahy, MLC's executive general manager, asset management, welcomed Brakey to the team and said MLC was committed to building and strengthening its private equity business.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

3 weeks 3 days ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 3 weeks ago

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

1 day 23 hours ago

AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...

2 weeks 3 days ago

A former financial adviser who stole $4.4 million from his family and friends to feed gambling debts has been permanently banned by ASIC....

6 days 3 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Powered by MOMENTUM MEDIA
moneymanagement logo