International investment and development specialist, iMGlobal Partner, which plans to enter the Australia market this year, has appointed Jose Costellano as its new deputy chief executive and head of international business development.
He would report directly to Phillippe Couvrecelle, founder and chief executive of iMGlobal Partner, and would be responsible for the business development outside of the US.
Costellano, who has more than 25 years of experience in distribution, has identified Australia as a key growth market and, in his new role, he would focus on building on strategic relationships with Australian institutional investors.
The firm specialises in acquiring strategic investments in both traditional and alternative investment firms and covers a spectrum of high alpha strategies.
Mid-2018 iM Global Partner launched a distribution platform in the US and is currently developing its international business resources for its partners.
In Australia, the company would plan to offer Australian firms access to liquid alternatives and smart beta strategies and would search for Australian funds managers to add to the platform.