18 January 2017
Bennelong has expanded its business model offshore with the launch of BennBridge, an asset management incubator located in London. BennBridge will provide operational and infrastructure support for local boutique fund management teams and distribute their funds across UK and European markets.
Greg Thomas will lead the BennBridge venture as Chief Operating Officer (COO). Greg has over 17 years’ experience within the financial services industry, including over 12 years at two major international hedge fund managers and two smaller start-up managers. He has expertise in finance, compliance, operations, tax and technology. In addition, he has board level experience and project management capabilities.
Greg is supported by a Head of Business Development and a Senior Compliance Manager with additional resources to be added in the coming months.
“It’s very exciting to be a part of the Bennelong Funds Management Group expansion. The business aims to emulate the success of the Australian business, which holds over A$8b in funds under management across their suite of seven boutiques. BennBridge will be guided by Bennelong’s well established processes, which will be adapted to suit the UK and European markets,” said Greg.
The first asset management team will be brought into the fold in Q3 2017.