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Wingate Asset Management is pleased to announce it has been re-branded as ‘Talaria’ and is now majority owned by its executive team as part of a restructure announced by Wingate Group Holdings (Wingate) earlier this month.
The ownership restructure is the next step in Talaria’s strategic evolution and will see Talaria become an independent, internally-owned specialist international equities manager.
Jamie Mead, Chief Executive Officer of Talaria, said “It is an ownership model that is best practice around the world for boutique fund managers – putting the equity into the hands of the management team and investing in the intellectual capital of the business.”
The restructure positions the business to fully capitalise on future opportunities for growth and performance, by bringing about the complete alignment of interests of the key executives at Talaria, with its investors.
Wingate Group Holdings Director of Corporate Development, James Brest, said Wingate looks forward to continuing to partner, support and build on over a decade of history with the Talaria team as it enters this exciting new phase.
Following the buyout, Talaria appointed Martin Hudson as chairperson. Mr Hudson has over a decade’s experience as chairman and non-executive director for a range of ASX listed companies, and was a partner at Herbert Smith Freehills for 25 years, including managing partner of the Melbourne practice. Mr Brest will serve as a Director on the Talaria Board.
For more information please contact:
Phone: +61 448 528 222
Phone: +61 487 744 558