Mirae expands venture capital presence
Mirae Asset Global Investments has appointed James McGrath as director, alternative investments.
He would report to head of alternatives investments, Luke Gersbach, and lead the firm’s Australian venture capital activities.
Mirae Asset was already a major player in venture capital with $2.5 billion in funds under management.
He would work across the firm’s alternative investments portfolio which specialised in real estate, infrastructure, private debt and venture capital.
McGrath joined from OneVentures where he worked for six years on a range of venture capital and venture debt investments.
Gersbach said: “We are pleased to welcome James to Mirae Asset. The expansion of our alternatives team, with a focus on venture capital, expresses our commitment to supporting Australia’s start-up landscape”.
AUTHOR
Laura Dew
Recommended for you
The Financial Services Council has appointed Justine Earl-Smith as executive director for commercial partnerships and growth, a newly created role for the organisation.
The global asset manager has announced a new chief executive to succeed Abdallah Nauphal, who has helmed the firm for nearly 20 years.
The ethical fund manager has appointed a new business development manager from Count with the aim of driving growth and enhancing support for financial advisers.
With more and more advisers setting up their own practices, recruitment firm people2people has shared how employers can successfully attract new hires and help their existing staff thrive in 2025.
