Aura Group names new head

Aura Group has announced the appointment of industry veteran, Damien Hatfield, as its new executive director, Aura Alternative Assets, as the company prepares to launch a number of new funds in the coming months.

Hatfield, who was the founding chairman of the Australian chapter of the UK-based Alternative Investment Management Association (AIMA), was responsible for setting up a hedge funds-of-funds operation at Colonial First State, and was the head of hedge funds at Pengana Capital, responsible for launching Pengana Managers.

He also worked at Ascalon and represented a number of global and domestic managers including Ramius, Kapstream, Mariner Group, and Caliburn Capital.

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“The local market is transforming into a global center as the Australian superannuation pension market is one of the largest in the world. This large asset base deserves the best alternative investment ideas available and that need attracted me to Aura’s innovative approach and fund products,” Hatfield said.

“I am excited to be working with this dynamic group to bring more choice in alternative investments to the local investor market and assist in further expanding Aura’s international footprint.”

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