Bennelong Funds Management has partnered with new global infrastructure investment manager 4 Corners Infrastructure.
4 Corners’ mandate is to invest in listed infrastructure companies from around the world, a Bennelong-issued statement said.
Bennelong chief executive, Craig Bingham, said the partnership signalled the “start of a new and exciting phase of growth for Bennelong”.
“I’m really pleased to welcome 4 Corners into our suite of boutiques,” Mr Bingham said.
“They’re a team of highly regarded, experienced investment managers and we’re looking forward to be able to support them in creating and distributing a market-leading listed infrastructure product,” he said.
According to the statement, 4 Corners plans to launch the 4 Corners Global Infrastructure Fund in the second half of 2015.
4 Corners’ co-founders Michael Morrison and Sarah Shaw will share the roles of chief executive and chief investment officer. Each will also undertake the role of global portfolio manager.
Mr Morrison said: “We’re thrilled to be able to use our collective experience managing listed infrastructure assets to launch our own boutique.”
“We’ve been seeking a structure that would allow us to focus on creating quality investment outcomes for our clients without the day-to-day distractions of managing a business, and we can achieve this with the support and backing of the Bennelong team,” he added.