Bennelong Funds Management, the boutique fund-management group, has hired Jeff Phillips as its chief financial officer.

At Melbourne-based Bennelong, Phillips will head a finance team that has recently expanded.

Hamish Wood, formerly a finance manager at GLG Partners in London, is now group-finance manager. Nicole Hammond is the senior fund accountant. She worked at consultants Mercer. Angela Cavuoto is the assistant accountant.

Phillips previously worked at Antares, a fund management firm, as chief operating and chief financial officer for the Asia-Pacific region.

Bennelong Funds Management was founded in 2001. It now has five asset managers who invest in Australian stocks and property, and implement hedge fund strategies. Bennelong has about $3.1 billion in assets under management and 41 staff.

Jeff Chapman founded the Bennelong Group in 2000. It owns and operates 30 golf courses in the UK, produces and distributes sports TV programs and has a publishing business.