Former Pendal bond manager joins Ellerston Capital

ellerston capital digital assets Pendal Group fixed income bonds

29 May 2024
| By Laura Dew |
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Former Pendal manager Vimal Gor has been appointed as head of fixed income and multi-asset at Ellerston Capital, after a brief stint at a crypto advisory firm. 

Gor spent 12 years at Pendal until July 2022 when he left with his team to join Trovio as co-head of asset management and chief investment officer. At Pendal, he and his team were responsible for $22 billion in assets under management and had set up an alternative duration division.

Investment manager Trovio describes itself as being positioned “at the intersection of traditional finance and the emerging digital asset ecosystem” with a focus on running digital asset funds.

At the time, Gor said he saw a future where the government would raise debt using digital currencies issued by central banks. 

However in an about face, he left Trovio after just over a year, stating that the two parties had reached an amicable agreement and was seeking a new partner.

It has since been announced that he has joined specialist investment manager Ellerston Capital as the head of fixed income and multi-asset. As well as Australian equity vehicles, Ellerston runs a Global Long/Short strategy and numerous private capital options covering private equity and venture capital.

A spokesperson for Ellerston Capital said the firm did not have a statement but confirmed Gor has joined the business.

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