Telstra Super loses CIO

The chief investment officer of the $10 billion Telstra Super is understood to have resigned from the fund on Friday to take a senior position at a large Melbourne-based retail funds manager.

Steve Merlicek, the long-time CIO with Telstra Super, is understood to have tendered his resignation last week after accepting a senior investments role at IOOF Holdings.

Speaking yesterday to I&T News, Merlicek said he could “neither confirm or deny” the big move.

“You should speak to IOOF,” Merlicek said.

Neither Christopher Kelaher, managing director of IOOF, or Martin Crowe, chief executive officer at Telstra Super, could be reached for comment before presstime.

, , , , , , , , , , ,

Leave a Comment

Rest Super’s selective approach to PE pays off as program comes of age

Rest Super has built its private equity program around a deliberately selective approach to manager and deal selection, favouring a concentrated roster of external partners and proactively seeking out top PE firms rather than waiting for them to come knocking. Head of private markets Marina Pasika unpacks the program’s coming of age and what powered an asset class return more than double the peer average in the last financial year.

Sort content by