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
Iress has announced it will divest its superannuation business as the latest step in its transformation program, allowing it to focus on wealth management.
The corporate regulator has named its new chief executive, who is set to replace retiring interim CEO Greg Yanco in March.
Following the departure of its chief marketing officer last year, AMP has appointed a successor to take up the position with the appointment coming from the US.
The Financial Services Council has appointed Justine Earl-Smith as executive director for commercial partnerships and growth, a newly created role for the organisation.
