Our client is a well-established and successful diversified ASX listed property group with in excess of $2.5b funds under management. Due to continued growth and a recent capital raise, ADAPT were engaged to go to market to support the Group’s board with the search for their incoming Fund Manager to lead this new fund.
This search was highly confidential due to some of the funding sources being unwilling to be disclosed. The skillset required was very niche as there needed to be a track record across Property Securities as well as Direct Property with a focus on the Australian & International Capital Markets. Due to the niche nature of the search and tight timescales involved, ADAPT took the role to market with two Directors leading the search with close support from ADAPT’s Head of Research. The search was international and sought to uncover a broad mix of skills plus track record across the Asia Pacific market. The individuals sought had to have a significant funds management track record as well as the gravitas to take a new Fund to market and present at international investor roadshows.
ADAPT managed to engage, approach and attract a number of highly qualified executives in a five week process, the majority of which came to the surface via our trusted third-party referral network as well as our in-house research function. At week five, we are able to sit down with our client’s key Executives and CEO to refine to a shortlist. Interviews took place in week six which were managed by the ADAPT Directors and the successful individual was appointed in week 8. Our client was particularly impressed by the time we invested to thank the unsuccessful executives and give them detailed feedback from the interview process – this is something ADAPT takes very seriously and sees as fundamental to the Executive Search process.
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
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