AustralianSuper announced five senior private markets-focused hires for the build out of the New York office the A$261 billion ($182.3 billion) Melbourne-based fund opened last year.
An AustralianSuper news release Friday said it has brought on:
- Jennie Rose as a senior investment director, private debt, to focus on the fund's growing global infrastructure debt portfolio. She comes to AustralianSuper from Barings in New York where she served as a managing director, global infrastructure debt
- Aaron Witte and Dominic Borrasch as a senior portfolio manager and portfolio manager, respectively, for AustralianSuper's private equity portfolio. They come to the fund from SwanCap Partners where Mr. Witte served as managing director and head of U.S. and Mr. Borrasch served as a senior director.
- Emilce Song as investment director, infrastructure. She comes to AustralianSuper from Macquarie Capital in New York, where she served as senior vice president, head of Americas asset management and portfolio, infrastructure and energy.
- Kang Peng as associate director, infrastructure. He comes to the fund from the Transurban Group.
Spokespeople at those firms couldn't immediately be reached for comment on replacements.
Meanwhile, Terry Charalambous, AustralianSuper's head of private equity, has relocated to New York from Melbourne, a fund spokesman confirmed.
The new additions brings the size of AustralianSuper's New York team to 15 professionals, Mr. Charalambous said in the news release.
The fund currently has A$74 billion, or almost 30% of its total pool of retirement assets, invested in the U.S., composed of A$43 billion in listed equities, A$23 billion in private markets and A$8 billion in fixed income, the release said.
The news release said the fund's New York office "aims to have almost 100 colleagues within three years."