New CEO for Treasury Group

funds-management-industry/chief-executive/macquarie-bank/chairman/financial-markets/

10 June 2011
| By Chris Kennedy |
image
image
expand image

Crescent Capital founding partner Andrew McGill will succeed Mark Burgess (pictured) as chief executive of Treasury Group (TRG), commencing 12 July.

McGill’s immediate focus will be on growing and supporting managers within the TRG portfolio and assisting Premium Investors Limited, said TRG chairman Mike Fitzpatrick.

“He will select and execute on a range of new investment opportunities currently under assessment, which will help take the company through its next growth phase,” he said.

The eight boutique fund managers within Treasury Group collectively hold more than $16 billion in assets under management, Fitzpatrick added.

McGill’s more than 20 years financial markets experience includes recent exposure to the alternative asset sector of the funds management industry with experience in the listed and unlisted asset management industry, TRG stated.

 Before founding mid-market private equity firm Crescent Capital, McGill held senior roles with Macquarie Bank and was a strategy consultant with LEK Partnership, according to TRG.

 Burgess will step down as managing director on 24 June 2011 and David Cooper will continue work in an interim executive capacity until McGill steps into the role, TRG stated.

Homepage

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 6 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 5 days ago

TOP PERFORMING FUNDS