Aylward steps back as Tribeca CEO

Tribeca Investment Partners founder and chief executive David Aylward is stepping away from the day-to-day leadership of the organisation he created more than 23 years ago.

Tribeca has announced the appointment of Adam Lavis as its new chief executive.

In a statement, the organisation says the change will free up Aylward to focus on Tribeca's long-running smaller companies strategy.

The move comes after a period of growth and change for Tribeca, who recently partnered with former Bell Potter and JBWere exec Fredrik Blencke to launch a new wealth advisory for ultra-high net wealth and family office clients. It has also appointed Singapore-based Scott Clements to establish an advisory business for Asian companies looking to access Australian capital markets.

As of late June 2021, Tribeca manages more than $3 billion across a suite of equities, credit, and opportunistic mandates for a variety of pension and endowment funds, as well as family offices and high net worth investors.