Harvey Kalman will take up the role, with Arbitrium citing his over 30 years of technical, strategic, operational and commercial experience as key to the appointment.
He most recently spent 21.5 years as managing director (UK and Europe) and global head of business development at fund services group, Equity Trustees, leaving this role in July.
“As chair of the group’s credit risk committee, my focus will be on assessing investments from all angles to ensure portfolios are robust and well set to achieve objectives, as well optimising operational and compliance functions,” said Mr Kalan on his appointment.
Arbitrium stated that it has appointed a number of key roles this year.
Earlier in August, Paddy Handbury was appointed to the advisory board. It was said his focus would be on bolstering investment capability across agribusiness and rural sectors.
In January, the firm announced Blade Ammit as its first managing director. Mt Ammit joined the firm from FC capital, having had over 25 years of experience within M&A, investment banking, debt structuring and turnaround management.
At this time Ian Lundy was also appointed to the company’s investment committee as an independent member. Mr Lundy previously served as a director of Hobart Airport and trustee director of Utilities Trust of Australia.
“I am very pleased to be joining Arbitrium’s team of outstanding individuals, who together combine an enormous depth of experience and a sharp, specialist investing lens,” said Mr Kalman on the team he would be working with.
With these roles filled Artbitrium expressed confidence in looking towards growth in the 2022 financial year.
“Australia is a rich and diverse market for mid-market assets and we are extremely well positioned to become a strong performer in this space, which has funding gaps being left by retreating banks, as well as filling the void for wholesale investors challenged to generate an attractive risk-adjusted return on their capital,” said Arbitrium COO Daniel Liptak.
