Lehman's loss is Warakirri's gain

A former executive from the now defunct Lehman Brothers Asset Management yesterday started at Warakirri Asset Management.

Conor Hayes, previously the financial services manager for the Australian asset management arm of the now-bankrupt outfit, has become the company secretary and head of compliance for Melbourne-based Warakirri Asset Management. Graham Fenton had been fulfilling the role on a part-time basis, prior to his retirement. Warakirri is a vendor of Australian equities and alternatives multimanager funds, as well as agribusiness funds.

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‘Not an ATM’: Sicilia shrugs off private credit liquidity fears

The chief investment officer of the $150 billion industry super fund says that Hostplus’ portfolio will weather the ongoing downturn in software companies and that moves by a number of large private credit managers to gate their funds are a result of the asset class being offered to retail investors who should not have assumed the funds would be liquid enough to get money out when everybody else is trying to do the same.

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