Stafford Capital welcomes superannuation head

image
image
expand image

Stafford Capital Partners has announced the appointment of Stephen Milburn-Pyle as superannuation head to its credit investment committee.

Prior to his new role, Milburn-Pyle was the former head of the Australia Post Superannuation Scheme (APSS) since 2005 before its merger with Australian Retirement Trust (ART) in 2022

He oversaw the investment strategy of the APSS and was appointed as the company’s general manager of superannuation in 2011. 

Both positions led to his executive experience in strategic and operational management of the $8 billion defined benefit corporate super fund. 

Additionally, Milburn-Pyle had prior experience working with Stafford in the timberland, infrastructure, private equity and private credit sectors.

“The Stafford team worked closely with us to develop and deliver on our private credit strategy which could provide current income, low market correlation and attractive overall net returns,” he said.

“They have been a long-valued partner in this respect. I’m very pleased to be joining the IC to support Stafford’s ongoing work in the private credit market.”

Brett Himbury, chair of Stafford Capital Partners, noted that Milburn-Pyle would work with other investment committee members and would drive the firm’s global investing activities. 

In 2017, Milburn-Pyle oversaw Stafford’s launch of a dedicated private credit strategy, the Stafford Credit Opportunity Trust (SCOT).

The investment and advisory group then launched the Stafford Private Credit Income Opportunities Fund (CIO) five years later, and was seeded with a $132m net asset value (NAV) secondary transaction.

“Stephen’s experience working at APSS, including his oversight of SCOT, makes him a strong addition to our Credit Investment Committee,” continued Himbury.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

11 months ago
Kevin Gorman

Super director remuneration ...

11 months 1 week ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

11 months 1 week ago

Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Co...

21 hours ago

Demand from institutional investors was the main driver of growth in Australia’s responsible investment (RI) market in 2023, as the industry continued to gain momentum....

21 hours ago

In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges....

22 hours ago