HESTA adds head of portfolio management to new-look investments team

HESTA has appointed Dalton Capital's Alan Sheen as head of portfolio management.

The appointment is part of a revised senior investments leadership team the $52 billion industry fund announced earlier this year.

"Our investment strategy builds on our past success by strengthening our internal team's capabilities to manage in-house our significant and growing asset pool while continuing to maintain great relationships with our investment partners," said chief investment officer Sony Sawtell-Rickson.

"Alan is a highly-skilled investment professional and leader with 25 years' experience in financial services, including leading large teams to invest across a vast range of functions and asset classes."

Sheen joins the fund from Dalton Street Capital, where he spent several years as managing partner and chief investment officers. He's previously held senior roles at Credit Suisse, Austock Asset Management, and Challenger Funds Management.

"I feel ncredibly proud and privileged to join the effort in contributing to helping our health and community services professionals reach their long-term retirement goals," said Sheen.

"HESTA is now embarking on the next evolution of sophisticated superannuation money management. I am looking forward to working with the entire HESTA team in guiding the growth of retirement savings for those members who care for us, our families and our communities through all life's events."

Sheen is relocating to Sydney from Melbourne.