Fraser Herd
Pengana Capital Group has added to its distribution team, appointing experienced investment banking professional Fraser Herd as new Distribution Manager for the NSW region.
Prior to joining Pengana Capital, Mr Herd was Managing Director of Employed Advice at AMP. He has previously held roles as a Director of Private Banking at Credit Suisse, a Director of Private Wealth at Westpac, and as Associate Director at Macquarie Funds Group.
At Pengana he will work closely with high net worth advisory firms and private banks.
Russel Pillemer, CEO of Pengana Capital Group, said “Fraser brings impressive credentials and a strong network to our distribution team.
“There are many advisers to high-net-worth, sophisticated investors looking for quality, niche investment solutions to add to their clients’ portfolios.
“They want something different from the run-of-the-mill, and Pengana has a track record of innovating and bringing unique investment opportunities in areas such as ESG and private equity.”
Mr Pillemer said Mr Herd will also connect advisers with Pengana’s newly launched capital markets division, Pengana Capital Markets. “Fraser will provide an important contact point for those advisers looking for bespoke investment opportunities in the private markets for their high-net-worth investors.”