Federation Asset Management has appointed Equity Trustees as its responsible entity (RE) and a trustee to its Federation Alternative Assets Trust which invests across the Asia Pacific region in renewable energy, health, education, real estate and companies with strong growth potential.
Also, the fund was invested across three asset classes, including private equity, real estate and renewable energy, it said.
Federation’s chief executive, Cameron Brownjohn, said that since launching in September, 2018, it has seen strong interest form both domestic and offshore investors.
“We bring together significant capability and experience in sourcing and managing investments in areas we believe in, as well as being smart investment choices,” he said.
“Ultimately our vision is to use our skills and expertise to not only generate strong returns for our investors, but also help grow the production of clean energy, to build a better community and to improve the health, education and living conditions of future generations.”
Equity Trustees would be expected to support Federation’s trust with its compliance and regulatory capabilities and ensure that the trust would be launched smoothly and within the required legal and regulatory framework, it said.