IFM appoints PE investment initiative leader
IFM Investors has appointed merger and acquisition veteran Jeremy Larkin to lead its new initiative into larger-scale private equity (PE) investments.
Larkin originally trained as a chartered accountant with KPMG then spent more than 25 years in corporate finance with Deutsche Bank and J.P. Morgan.
During his time as an investment banker, he advised Australian Securities Exchange (ASX) listed companies, including BlueScope, CIMIC, Cleanaway, Link Group, Metcash, Qantas, Qube and Wesfarmers.
He also had experience in advising State and Federal Governments, as well as domestic and global financial investors.
Stuart Wardman-Browne, IFM’s head of PE, said the initiative to make larger-scale investments was appropriate for the company.
“The longer-term focus of industry super funds’ and IFM’s flexible structures and strategy to maximise members super savings is suited to making longer term investments in market-leading, large-scale businesses,” Wardman-Browne said.
“Jeremy Larkin will lead this important element of our private equity strategy to drive member returns.”
Recommended for you
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.
