Former EQT director Kalman joins PAC Capital

appointment/equity-trustees/investment-management/

25 August 2023
| By Laura Dew |
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Harvey Kalman, who spent over 20 years at Equity Trustees, has joined the board of PAC Capital. 

He joined asset manager PAC Capital this month as its new executive chairman who will lead the business after founder Clayton Larcombe stepped down as chief investment officer and director, although he will remain its owner.

PAC Capital is a privately owned, independent asset manager based in Sydney which manages two multi-asset investment products, two global equities funds and a venture fund.

As a result of the move, Kalman has stepped down from his position at micro-investing platform Raiz Invest and from his role as chairman at MSC Group.

At Raiz, which he joined in October 2021, he initially worked as chair until September 2022 and then as a non-executive director and chair of the audit committee. Raiz said it will commence a search process for Kalman’s replacement. 

He spent over 20 years at Equity Trustees from 2000 to 2021 in a variety of roles including managing director of UK and Europe and global head of business development.

Other roles he held include chair of the financial planning advisory board at Deakin University, board investment committee member at Heart Foundation and non-executive director at Menzies Foundation.

Earlier this month, former Antipodes portfolio manager Sunny Bangia departed PAC after just three weeks in the role of chief investment officer. 

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