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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, People

Australia’s Future Fund searching for new chief

Posted on 16 September 2010

From WSJ: Australia’s Future Fund is searching for a new general manager after Paul Costello said he will leave around the end of the year. Mr. Costello joined the Future Fund as its first employee in November 2006 when the fund held an initial 18 billion Australian dollars ($16.95 billion). It now manages more than A$87 billion and has more than 60 investment managers globally.
“Paul has played a critical role in building the agency and recruiting a skilled team to develop and implement the investment program,” said David Murray, the fund’s chairman, on Tuesday………………………………………Full Article: Source


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