AustralianSuper promotes Ward

Nick Ward
NICK WARD
AustralianSuper - Portfolio Manager
DEPARTURE
AUSTRALIANSUPER
Date: July 2021
Position: Portfolio Manager

Nick Ward, who has been a portfolio manager with AustralianSuper for nearly a decade, has been named head of private credit.

"We have been investing directly in private debt for over five years and we continue to like the asset class. The fund wants to increase the amount of member assets and number of loans we invest in private debt. We see most of this growth being via direct lending, and to make this happen we're looking to boost our team in AustralianSuper's London office," Ward told Financial Standard.

In his new role, Ward will manage the fund's global amalgamated private credit exposure across direct and indirect strategies.

Before joining AustralianSuper in 2011, Ward was an investment director with Hastings Funds Management and spent several years as a senior associate with KPMG Australia.

Reporting from Kanika Sood at Financial Standard contributed to this story.