Rest taps AusSuper exec for key private markets role

14 November 2024
| By Rhea Nath |
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Rest has announced a new addition to its leadership team, appointing Marcia Cameron as head of real assets, direct.

In the newly created role, she will lead the team responsible for the oversight and management of the $89 billion fund’s directly owned real assets, like infrastructure and property.

She will work closely alongside the fund’s head of real assets, Andrew Bambrook, who leads the team responsible for the construction, development and resilience of the real assets portfolio.

Cameron brings extensive experience in investment management, origination, and asset management experience across real assets to the fund. Prior to this, she spent two and a half years at AustralianSuper as an investment director, real asset investments.

Her resume includes over five years at NSW Treasury, most recently as project director for commercial transactions and two and a half years at GE Capital as head of portfolio management, non-investment grade credit, managing a portfolio of more than $1 billion.

Cameron has also held various leadership roles at Barclays Investment Bank, ANZ, Deutsche Bank, Bank of Scotland, and Citi.

“Marcia’s stepping into a key leadership role within our private markets team,” Rest explained.

“With rich experience in asset management across the superannuation, government and banking sectors, she is set to play an instrumental role in delivering investment value to our 2 million members.”

Based in Sydney, she will report to Simon Esposito, Rest’s head of private markets.

Last month, Esposito was named interim chief investment officer of the fund alongside Kiran Singh, Rest’s head of listed assets, sharing the responsibilities in addition to the current duties.

The move followed the departure of the fund’s inaugural chief investment officer, Andrew Lill, who stepped down to pursue other opportunities.  

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