CIO – Start Up New Venture

CIO – Start Up New Venture

Background

Due to a very strong relationship with a newly formed family office based in Melbourne, where ADAPT had worked closely with the owners on forming an advisory board and executive structure, ADAPT were engaged by the owners to conduct a search process for a newly created position; Chief Investment Officer (CIO).

Our client operates as an early stage investee group through venture capital and private equity (PE) investments. They invest both direct and indirect with primary interests in both operating businesses and equities. They have a clear sector interest with approximately $60m invested in one operating manufacturing business and some early stage VC technology companies. As the group has matured and grown their investment portfolio, they came to the realisation that a highly experienced CIO was required to join them in partnership to grow a long term sustainable and scalable family office.

Solution

ADAPT have deep relationships across the PE marketplace in Australia as well as an established brand position supporting high net wealth family offices (HNW) in a confidential and trusted manner. ADAPT led this approach through our internal market research function, identifying over twenty Melbourne based executives who had a strong mix of experience running operating businesses coupled with investment management experience from either a banking or PE group.

Outcome

ADAPT acted as an independent advisor to appoint the technically relevant executive who was the right ‘fit’ for two family office owners. Post shortlist, this involved being an independent member of the executive interview panel providing objective insight into the individuals’ career drivers and motivations. The successful appointee was aligned with the group primarily as they joined at a time of growth for the family plus had the ability to partner closely on new ventures personally through their own capital planning.



ADAPT Human Performance Series - Judy Murray & Leon Smith
date_range Friday 24 January 2020

ADAPT Human Performance Forum #7
Keynote Speakers: Judy Murray, OBE and Leon Smith, OBE


More Information →
Judy Murray & Leon Smith

ADAPT is a privately owned independent executive search and human capital advisory firm based in Melbourne.

ADAPT Executive Search & Advisory
Level 5 / 468 St Kilda Rd
Melbourne Vic 3004

P 03 8576 8064
E info@adaptcpc.com.au


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