Australia's MLC loses private equity head

A spokesperson for NAB said that Meyenn had decided to leave the company to pursue other opportunities, and that Alicia Gregory will take over as private equity head. Gregory has 14 years of experience in the PE division, and recently spent three years as head of European private equity at the bank's London office. She has also headed the MENA and African private equity divisions.

It is not clear whether Gregory will serve as Meyenn's permanent replacement; media reports have indicated that the firm has already begun to search for a successor. In addition, NAB did not indicate who would take over as CIO, a position that was also held by Meyenn.

Meyenn joined MLC in 2007. Previously she worked for Goldman Sachs in New York and Sydney, and for the World Bank, specializing in Asian macroeconomic and debt policy.

MLC has been involved in private equity since 1997, and currently has A$171 billion ($130 billion) in funds under management. The firm opened a New York office, headed by former LGT executive Andrew Kwee, in 2015 to cover investment opportunities in North America and Latin America. A year earlier MLC sold a A$750 million portfolio of private equity investments to Partners Group.

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• Topics
• Australasia
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• MLC Private Equity
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