Altive expands into Australia, names country head

Chris Brookman
CHRIS BROOKMAN
Altive Limited - Managing Partner, Head of Australia
DEPARTURE
Macquarie Asset Management Ltd
MACQUARIE ASSET MANAGEMENT LTD
Date: April 2021
Position: Head of Strategic Research
APPOINTMENT
ALTIVE LIMITED
Date: April 2021
Position: Managing Partner, Head of Australia

Former Macquarie Group division director Chris Brookman has been tagged to lead the Australian operations of Altive Capital, an alternative investment platform based in Hong Kong.

Brookman spent more than a decade with Macquarie as a senior manager of the national key accounts team where he was responsible for all research house and platform relationships for Macquarie Professional Series. He became the head of key accounts in 2011 and the head of research and strategic accounts in 2016. Before joining Macquarie, Brookman spent several years with ING Australia as a research account manager and a client service officer with MLC Australia.

In his new role, Brookman will help set up the organisation's operations in Australia. A spokesperson for the organisation told Industry Moves, "As we have observed huge interest and appetite from Australian [high net wealth investors] for investment opportunities, the firm is thrilled with the appointment of Chris, an experienced veteran of the Australian financial service industry, to establish our operation in this market, beginning in Sydney."

Altive offers high net wealth investors access to institutional quality alternative opportunities by bringing down the minimum investment threshold. A spokesperson for the organisation told Industry Moves they plan to launch the business' offering in Australia later this year. "We are working on preparing all necessary infrastructure utilizing Chris' years of experience and knowledge in the industry, and we target to launch within 2021."