Australia's Funds SA hires Cameron Sinclair from Future Fund

He replaces Clive Boyce, who stepped away from executive duties last October after a 13-year stint as a portfolio manager. Sinclair was most recently a director in Future Fund’s private equity team, having joined the sovereign wealth fund in 2010. Before that, he worked for Macquarie Group in Australia and South Korea. Sinclair will start as director for growth alternatives in February.

The appointment comes after the other three other most senior members of Future Fund’s private equity team – including PE head Steve Byrom – departed to set up Potentum Partners, a consulting firm that advises global institutional investors looking to build exposure to the asset class. Byrom was joined by David Symons and Jasmina Osmanovic.

As of June 2018, Funds SA managed A$32.3 billion in investments for eight superannuation funds and several other approved public authorities. Super SA – a fund that services 210,000 South Australian public-sector employees – accounted for A$27.2 billion of the total. Funds SA had A$2.97 billion allocated to diversified growth strategies, which includes private equity and infrastructure.

There are 54 managers listed in this category. In addition to global private equity names ranging from Bain Capital to Lexington Partners, Funds SA had exposure to about a dozen Asia-headquartered GPs: Baring Private Equity Asia and True North, as well as Australia-based Advent Partners, Archer Capital, CHAMP Private Equity, CHAMP Ventures, Crescent Capital Partners, Next Capital, Pacific Equity Partners, Quadrant Private Equity, The Growth Fund, and ROC Partners.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Save this article  
• Send to  

• Topics
• Australasia
• People
• LPs
• Australia
• Funds SA
• Appointments
• Future Fund