Challenger investment management firm Fidante Partners has announced the formation of a new Australian small-cap fund manager.
Fidante Partners has announced the formation of new boutique fund manager Lennox Capital Partners, which will be led by James Dougherty and Liam Donohue.
Mr Dougherty and Mr Donohue have made the move to the Fidante Partners stable after jointly managing the Macquarie Australian Small Company and Micro-Cap funds for the past 12 years.
Fidante Partners general manager Nick Hamilton described Mr Dougherty and Mr Donohue as "extremely well credentialed small company investors".
"We are looking forward to bringing this opportunity to investors with Lennox Capital Partners. Small company investment management has proven extremely successful in delivering sustainable long-term active returns for investors," Mr Hamilton said.
Lennox Capital Partners will launch its flagship Australian small company strategy in April 2017, followed by a micro-cap strategy to be launched later in the year.