Another departure from 452 Capital

chief-executive/

2 September 2010
| By Caroline Munro |

452 Capital equities analyst Nathan Parkin has left to join Perpetual Investments.

This follows the announcement two weeks ago that 452 Capital's co-investment heads, Suellen Morgan and Mary Feros, as well as chief executive Lyndsey Hancock had notified the board of their intention to leave the group. While no formal resignations were made at the time, Morgan, Feros and Hancock intended to negotiate a departure date with the board.

Parkin rejoins Perpetual in October after leaving to join 452 Capital in 2003. Perpetual’s group executive of equities, Cathy Doyle, said Parkin’s experience in investments reflected Perpetual’s own investment style and process and was a very strong fit for its asset management team.

“Mr Parkin’s previous experience at Perpetual was a defining factor in his appointment,” she said. “He knows our investment team well and is also highly regarded by the team for his technical and personal attributes.”

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