The executive team of Wingate Asset Management has announced it has taken the majority shareholding in the business, acquiring 70% of the equity stake from Wingate Group.
Following the buyout, Wingate Asset Management has been renamed Talaria and Martin Hudson has been appointed as chair.
Hudson has over a decade's experience as both a non-executive director and chair for a range of ASX listed companies, and was a partner at Freehills for 25 years, including managing partner of the Melbourne practice.
Jamie Mead, chief executive officer of Talaria, said of Hudson's appointment: "We are particularly pleased to have attracted someone of Martin's calibre to act as chairperson. He brings a wealth of global experience to the board and is the ideal person to join us on the next phase in our growth."