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.
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