AMP Capital chairman John Fraser also resigned along with AMP Ltd chairman David Murray as shareholder pressure leads to changes at the top.
wind turbines
The team will be led by new recruit Ole Bigum Nielsen and will work across the infrastructure and energy space in Macquarie Capital.
Meng’s short tenure saw the $390bn institution announce a controversial leverage strategy to meet its long-term return target.
The firm has made Patrick Trears its new global head of infrastructure debt, as four senior executives depart in the wake of Boe Pahari’s appointment as CEO in June.
Recent police killings of African Americans are forcing a national reckoning over how minorities are treated in all parts of society – including in private markets, says the firm’s founder.
Kathryn Leaf will focus on investments but will step aside from business development as her role is being revised to accommodate ‘some personal needs’.
Sydney skyline
Boe Pahari, who joined the Australian fund manager in 2010 and is currently global head of infrastructure equity, will succeed Adam Tindall on 1 July.
The A$52bn superfund has replaced outgoing head of infra Diana Callebaut, who left to join NSW Treasury Corporation earlier this year.
Trent Vichie and Michael Dorrell of Stonepeak
Stonepeak raises $6.2 billion for Fund IV, AMP Capital takes a covid hit and a $400 billion alternatives wall of capital is unlocked.
Solar power
Rune Bro Róin, one of the five founders of the Danish renewables group, has not worked on new funds since the end of 2018.
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