LSL Partners appoints COO

LSL Partners, a newly-launched boutique funds management firm, has announced the appointment of chief operating officer David Gray, effective March 2018.

Based in Sydney, with plans to launch in Hong Kong in 2019, LSL Partners will construct alternative investment products focused on the Asian region for Australian and international investors.

Gray has 25 years' experience in the financial services industry in Australia and Asia. He spent 17 years with UBS managing the Prime Brokerage & Listed Derivative business in Sydney before relocating to Hong Kong in 2006. Previously, he worked for RBS (Hong Kong) where he expanded their prime brokerage coverage to sovereign wealth funds and institutions in the Asian region. He also helped State Street to build their listed derivatives business in Hong Kong.

Joining Gray at LSL Partners is partner, executive chair and CEO, Kim Ivey; partner and chief investment officer, Tim Cheung; and partner and head of research, Chung Ip.

Commenting on the new venture, Ivey, said: "LSL Partners will offer investors innovative choices when investing in Asia. With the right people and a deep understanding of the region, there are many reasons why a skilled investment business can, and should be established in Australia, with links into Asia. LSL Partners is purposefully built to fill this need."

LSL Partners' first product, The Fury Fund, is an Asian long/short equity fund, investing in Asian public markets with an absolute return focus. It will be available to wholesale Australian investors and is expected to launch in May 2018.