The Future Fund has appointed Mitchell Stack from Western Asset Management as investment director for fixed income and alternatives.
Stack is one of a raft of high profile hires for the fund this year.
In June it hired David Neal from Watson Wyatt as chief investment officer. His appointment was followed by a flurry of signings.
Campbell McCulloch from Vanguard and Ilana Wald from BNP Paribas joined its investment operations team in August and last month it appointed private equity specialist Steve Byrom.
His appointment came after the fund had hired Gary Gabriel in October from Unisuper to head up its private markets division.
Mitchell will be responsible for researching and managing a portfolio of managers and products across the spectrum of fixed interest and non-equity alternatives.
Before Western Asset Management Stack had spells at ANZ, JP Morgan and Bankers Trust in Melbourne.
Neal said Stack would bring a powerful combination of proven analytical skills, extensive credit and fixed interest knowledge and experience to the fund.
Stack will start in late January.