Former Schroders Australia CEO joins private markets manager

25 March 2024
| By Laura Dew |
image
image
expand image

Private markets firm Spire Capital has appointed former Schroders Australia chief executive, Sam Hallinan, as a partner. 

Hallinan was appointed as CEO of the Australian arm of the global asset manager in February 2021, joining from Nikko Asset Management where he was the managing director of its Australian business. He had also worked at NAB, MLC Asset Management and Antares Capital Partners.

He then announced he would depart in June 2023 and was replaced by Simon Doyle, the firm’s former chief investment officer and head of multi-asset. 

Since leaving Schroders, he has now announced he will join Spire Capital this May as a partner and also sit on its leadership team and investment committee. 

Spire is a private markets firm founded 15 years ago which offers strategies in private equity, private debt, private infrastructure and private real estate. 

Spire Capital partner, Dale Holmes, said “We are extremely pleased to have attracted someone with the experience and reputation of Sam to Spire. Over a 30-year career, Sam has been at the forefront of the evolution of investment management in Australia. As private wealth investors shift focus from public to private market portfolio solutions, his experience will be invaluable for our clients. This appointment allows us to accelerate our innovative approach to opening up global private markets to local private investors.”

Expanding on this, the firm’s head of investments Stuart Haigh said Spire is looking to help financial advisers navigate and understand private markets. 

“With deep expertise in assessing private market opportunities and an intimate understanding of local advice firms, we believe we are well positioned to help advisors navigate expanding allocations to private markets and a wave of new products.”

Hallinan said: “Since leaving Schroders I have reflected a lot about the state of the Australian funds management industry, which clearly has its challenges. It was clear to me that I wanted to work in a business that had a platform to leverage the growth in private markets and most importantly offer investors quality, hard to access portfolio solutions.”

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 5 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

17 hours 46 minutes ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 3 days ago