IFM appoints PE investment initiative leader
IFM Investors has appointed merger and acquisition veteran Jeremy Larkin to lead its new initiative into larger-scale private equity (PE) investments.
Larkin originally trained as a chartered accountant with KPMG then spent more than 25 years in corporate finance with Deutsche Bank and J.P. Morgan.
During his time as an investment banker, he advised Australian Securities Exchange (ASX) listed companies, including BlueScope, CIMIC, Cleanaway, Link Group, Metcash, Qantas, Qube and Wesfarmers.
He also had experience in advising State and Federal Governments, as well as domestic and global financial investors.
Stuart Wardman-Browne, IFM’s head of PE, said the initiative to make larger-scale investments was appropriate for the company.
“The longer-term focus of industry super funds’ and IFM’s flexible structures and strategy to maximise members super savings is suited to making longer term investments in market-leading, large-scale businesses,” Wardman-Browne said.
“Jeremy Larkin will lead this important element of our private equity strategy to drive member returns.”
AUTHOR
Chris Dastoor
Recommended for you
AMP non-executive director Kathleen Bailey-Lord and Iress non-executive director Susan Forrester have been appointed to the national board of the Australian Institute of Company Directors.
Wealth manager JBWere has announced the launch of two fixed income strategies for wholesale clients, backed by UBS Asset Management.
Firetrail Investments has confirmed the departure of four executives over the last quarter, including head of investment strategy Anthony Doyle.
Ares Management has announced a new offering aimed at providing Australian wholesale clients, investors access to its private equity investment strategies, anchored in secondary investments.
