The Future Fund has appointed Sue Brake as its new Chief Investment Officer (CIO).
Brake has served as acting CIO since 1 July 2020 following the appointment of former CIO Raphael Arndt as the organisation’s Chief Executive Officer.
As Chief Investment Officer, Brake will have overall responsibility for developing and implementing the investment strategy of the Future Fund and five other public asset funds, which together are valued at $210 billion. She will also be a member of the organisation’s Management Committee.
“Sue has added enormous value to our thinking and processes since she joined us. She combines deep understanding of our culture and how we work with new perspectives and ideas. She brings greater diversity to our thinking and will continue to enhance the quality of our decision-making,” Arndt said.
Brake joined the Future Fund in April 2019. She joined from Willis Towers Watson, where she was Head of Strategic Advisory. Before that she worked for New Zealand Super Fund, where she was a Senior Investment Strategist.
Brake said she is looking forward to tackle the challenges of the current investment climate.
Changes in markets and economies that were evolving gradually have accelerated rapidly over the last year. I am really looking forward to
facing into the challenges and opportunities this brings with the support of such a high calibre team and organisation
“Changes in markets and economies that were evolving gradually have accelerated rapidly over the last year. I am really looking forward to facing into the challenges and opportunities this brings with the support of such a high calibre team and organisation,” Brake said.
The Future Fund also announced several additional appointments to the investment team.
Genevieve Murray was appointed to the role ofs Head of Listed Equities in early November 2020. Murray was previously Head of Australian Equities with AMP Capital.
Doug Cain has been appointed as Head of Unlisted Property. He was previously a Senior
Director with Canada’s PSP Investments in Montreal, while Kelvin Mak has been appointed as a Director in the Private Equity team.
Mak joins the Future Fund from Navis Capital Partners.
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