HESTA has appointed Alan Sheen as its head of portfolio management to lead internal and implemented teams across growth, defensive and unlisted asset classes.
Sheen would begin his role on 28 September and would relocate to Melbourne from Sydney.
Sheen had 25 years of experience in financial services and was most recently chief investment officer and managing partner at Dalton Street Capital. Prior to that he was a director and head of proprietary trading at Credit Suisse, and has also held CIO roles at Austock Asset Management and Challenger Funds Management.
“I feel incredibly proud and privileged to join the effort in contributing to helping our health and community services professionals reach their long-term retirement goals,” Sheen said.
“HESTA is now embarking on the next evolution of sophisticated superannuation money management. I am looking forward to working with the entire HESTA team in guiding the growth of retirement savings for those members who care for us, our families and our communities through all life’s events.”
The fund has hired a former ART executive as its new head of group strategy.
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.
The $89 billion fund has announced a new leadership role within its private markets team.