From Precy Dumlao, Opalesque Asia:
Richard Lourey, Head of Real Assets at Tyndall Investment Management Limited, a multi-specialist investment manager of Australian investment funds based in Melbourne, announced today that the integration of Causeway Financial and Causeway Water into Tyndall Australia had been completed.
Causeway Asset Management is an absolute return fund manager specializing in the Australasian private debt market based in Sydney. It currently operates in two main areas: investing in private debt through senior secured commercial loans to small- and mid-market borrowers, and in real assets such as Australian water entitlements.
In an emailed statement received by Opalesque, Lourey said he would be running Real Assets, concentrating on Water opportunities with a broader mandate that includes Alternatives, Real Estate and Real Assets within a sustainable theme.
As at 31 March 2012, Tyndall’s fund under management (FUM) was estimated at $23bn. Tyndall AM is managing the funds on behalf of retail and institutional investors, private clients, superannuation funds and charitable trusts. It is a wholly owned subsidiary of Nikko Asset Management Co., Ltd. , the largest regional asset manager headquartered in Asia with approximately $175bn of FUM, which is in turn part of the Sumitomo Banking Group. ......................
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