Private Collection to show in Melbourne

Six months after debuting, retail distribution group The Private Collection (TPC) has expanded its operation into Victoria, recruiting former AMP Capital Investors (AMPCI) state investment manager Sumi Putra to head up the group’s new Melbourne office.

TPC chief executive Krystyna Weston says Putra’s appointment is an important step in bringing sales and support servicing for the managers represented by the distribution group to the Victoria and Tasmania region.

“The state manager is responsible for all the activities and support of our clients, and will work closely with research houses and managing relationships with key groups,” Weston says.

Weston says the group will look to recruit a number of business development managers in the near future, highlighting the importance for TPC to establish itself in the southern states.

“Melbourne is an important centre for financial planning,” she says.

Putra brings more than 20 years of experience in the financial services industry to her new role as TPC state manager for Victoria.

Prior to AMPCI Putra was a business development manager with County Investment Management, as well as Australian Eagle.

Launched in February this year, TPC offers marketing services to boutique, institutional and international fund managers which do not have a retail presence in the Australian market, with the group’s first offering Lazard’s Australian equities fund.

Other clients of TPC include boutique fund manager Westpoint Corporation and Aberdeen Asset Management.

TPC is headed up Weston, a former AMP Henderson Global Investors head of retail distribution along with industry consultants, Tom Collins and Sarah Brennan.