Equiti Capital appoints Honourable Dr John Hewson AM to Board
Property fund manager Equiti Capital Limited has appointed former Federal MP and economic and financial expert Dr John Hewson AM to the position of Chairman of its Board.
Executive Director, Equiti Capital, Linden Toll welcomed Dr Hewson and said the appointment was an important step, one that will assist the company grow and execute its long-term business strategy.
“Dr Hewson is a very highly experienced economic, business and finance specialist and we are delighted to have him join us as Chairman,” he said. “Not only is John a highly regarded economic strategist, he has significant networks across business, government and financial services, which we believe will help us build our business over the coming years.”
Equiti Capital is a property funds management business and part of the Equiti Group. Equiti Capital launched its flagship fund, the Equiti U.S. Multifamily Property Fund earlier this year. Mr Toll said Equiti Capital is currently in the final stages of securing its first US multifamily propertyinvestment and that further details of this investment would be announced shortly.
Dr Hewson has worked as an economist for the Australian Treasury (Census and Statistics), the Reserve Bank of Australia, the International Monetary Fund, the UN, and as an advisor to two successive Federal Treasurers and the Prime Minister. His academic career included 11 years as the Professor of Economics, four years as Head of the School of Economics at the University of New South Wales, and two years as Dean, Macquarie Graduate School of Management and Professor of Management at Macquarie University.
Dr Hewson’s political career spanned eight years as the member for Wentworth in the Federal Parliament. He was Shadow Finance Minister, Shadow Treasurer and Shadow Minister for Industry and Commerce and Leader of the Liberal Party and Leader of the Federal Opposition for four years.
Dr Hewson’s business career has included roles as a founding Executive Director of Macquarie Bank, a Trustee of the IBM Superannuation Fund, Chairman, ABN AMRO Australia and Member of its Advisory Council, and as a Director/Chairman of a host of public and private companies. Dr Hewson also chairs two charities, Osteoporosis Australia and KidsXpress. He also serves as Chairman of the Investment Advisory Committee of the Australian Olympic Foundation, and is a Member of the Trilateral Commission.
Dr Hewson is also employed as a Commentator by Sky News, comments widely on TV and radio, and writes a regular column in the Australian Financial Review.
Dr Hewson said he was very pleased to join the Board of Equiti Capital. “Equiti Capital is a young business, but one that I believe shows significant potential. I think the US opportunities on which Equiti is currently focused, represents one of the strongest investment opportunities in today’s markets. I am very pleased to be part of the future of this business,” he said.
