Melbourne-based investment and advisory business Wingate Group has announced an expansion into Sydney with the establishment of Wingate Asset Finance.
The group, which also runs boutique international equities manager Wingate Asset Management with joint venture partner Australian Unity Investments, has made two senior appointments to head the asset finance business.
Nicholas Goh and Stuart Gray both join Wingate from Gresham Asset Finance.
Goh was managing director at Gresham and has over 19 years of investment banking experience focusing on alternative investments. He was previously managing director of corporate finance at Allco Finance Group and head of project and acquisition finance at Transfield.
Gray was a special advisor to Gresham and has 25 years of investment banking experience across the structured finance, securitisation, infrastructure and leasing sectors, according to Wingate.
He was previously chief executive at Babcock & Brown Singapore and the managing director and head of debt capital markets at Societe Generale Australia.
Wingate said the asset finance business will offer "advisory services in the structured finance, loan portfolio, leasing and infrastructure sectors while also actively identifying attractive investment opportunities for Wingate and its investment partners".
"The new business is part of Wingate Group's strategy to expand the depth and range of its investment and advisory activities," Wingate Group managing director Farrel Meltzer said.
"The combination of the structuring capability of the Asset Finance team and product distribution reach of Wingate is sure to deliver a unique offer in the Australian market," he said.
