Former Tasplan chief investment officer Ian Lundy has joined the investment committee of Arbitrium Capital Partners.
Founded earlier this year, Arbitrium is an investment firm that specialises in special situations, opportunistic and distressed debt.
Since leaving Tasplan in early 2019, Lundy has been acting as an investment consultant at Hobart-based Forte Investment Advisors and the chair of the board of Wildcare Tasmania.
Arbitrium Capital co-founder Mukhtader Mohammed called Lundy one of "the best minds in our space in Australia" and says his appointment is a testament to the organisation's vision.
"With interest rates so low and valuations stretched, many super funds are struggling to find investments that meet their target returns. This type of investment can help to fill that gap," said Lundy. "I also very much enjoy working with start-ups – it's the most interesting time to be involved with a company, helping set the direction and make it a success."
Before his time with Tasplan, Lundy held research and chief investing roles with Russel Investment Group and RBF. He was a director for Utilities Trust of Australia and the Hobart Airport.
Original Industry News Article here