REST Industry Super, NW1 Partners, Delancey, Morgan Stanley Alternative Investment Partners, Equity International, AXA Investment Managers–Real Assets, Caisse des Dépôts, TH Real Estate, Vicinity Group, St George Bank
REST Industry Super – Damian Hill, who has been chief executive of the Australian superannuation fund since 2006, is to leave in January 2018. Hill, who joined REST Industry Super as administration manager as 1999, has overseen the growth of the fund from AUD2bn (€1.36bn) in 2006 to AU45bn today. It was one of the first Australian super funds to invest in overseas real estate. The board will search for a successor internally and externally.
NW1 Partners – David Boyle and Brad Beanblossom have formed a real estate investment advisory firm with support from Delancey. Boyle was previously managing director, co-head and CIO for real estate at Morgan Stanley Alternative Investment Partners, and Beanblossom was senior vice president at Equity International. Delancey’s founder and chairman Jamie Ritblat and managing director Paul Goswell have become non-executive directors and will sit on the investment committee of NW1 Partners, which will focus on small-cap value-added investments in the US and Europe.
AXA Investment Managers–Real Assets – Julien Gailleton is the latest to join the company’s new infrastructure equity team, following last year’s appointment of Mark Gilligan as head of infrastructure equity, and the hiring of principal Jeffrey Woodard last month. Gailleton was previously senior investment director at France’s Caisse des Dépôts. Gailleton and Woodard will be responsible for leading equity investments in OECD infrastructure markets, initially focused on Western Europe.
TH Real Estate – Chris Maher and Lisa Peng have joined the growing Australian team in Sydney as transaction manager and real estate investment analyst, respectively. Maher joins from Vicinity Group and Peng arrives from St George Bank.