Former Pendal CEO joins DNR Capital board
Former Pendal chief executive Emilio Gonzalez will be joining the board of boutique fund manager DNR Capital in February 2025.
Gonzalez was formerly the chief executive of Pendal from 2010 to 2021 where funds under management grew from $41.9 billion to $101.7 billion during his tenure. He also oversaw the firm’s acquisition of UK fund manager J O Hambro Capital Management in 2011.
Prior to this role at Pendal, he spent time as the chief investment officer and group executive of global equities at Perpetual Investments. He left Perpetual in 2009 to become chief executive of BT Investment Management which was rebranded as Pendal in 2018 and later acquired by Perpetual in January 2023.
He will now join the board of Australian equities fund manager DNR Capital from 1 February 2025, bringing expertise in strategy, operations and governance.
Justine Hickey, chair of the DNR Capital board, said: “We are delighted to welcome Emilio to the board. His depth of experience, strategic insight and exemplary leadership in the asset management sector will be invaluable as we continue to grow and deliver exceptional outcomes for our clients.
“DNR Capital has achieved significant milestones in recent years driven by strong focus on quality, delivering exceptional results and client-centric approach. Emilio’s appointment comes at a pivotal time as the firm expands its capabilities and explores new opportunities to strengthen its position as a leader in the Australian investment management sector.”
DNR Capital was founded in 2001 and based in Brisbane, specialising in quality Australian equities.
In July, DNR Capital announced it would be establishing Tura Capital, a new boutique investment manager focusing on global small and mid-cap equities.
The introduction of Tura Capital would allow DNR Capital to capitalise on the heightened demand for global investment opportunities, without interrupting its focus on Australian equities, the firm stated.
Launched in December 2023, the boutique’s Tura Capital Global Small & Mid Cap Fund is designed to provide investors with a diversified exposure to high growth development markets across the globe. The concentrated portfolio consists of typically 25 to 45 high-quality companies with reasonable valuations.
AUTHOR
Laura Dew
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