Future Fund appoints Deputy CIO for private markets

The Future Fund has announced changes to its organisational structure with Wendy Norris appointed as deputy CIO, private markets, effective March 2018.

Norris was most recently the fund's head of infrastructure and timberland, a role she was appointed to in March 2015. She has been a director in the fund's infrastructure and timberland team since 2010. Prior to joining the Future Fund, she was an investment director at Hastings Funds Management in New York, San Antonio (Texas), and Melbourne.

Other changes to the investment team include the appointment of former head of debt and alternatives, David George, as deputy CIO, public markets, and the departure of chief investment strategist, Stephen Gilmore.

General counsel, Cameron Price, will also take on additional responsibilities as chief risk officer.

Commenting on the changes, CEO, David Neal, said: "To sustain our success as our portfolio grows we are refining our structure. This will strengthen our collaborative approach and help us to be more nimble and streamlined in the hunt for investment opportunities, the management of the investment portfolio and the creation and use of technology and risk insights."

He added: "Implementing these changes will help us stay sharply focused on our task of investing for the benefit of future generations of Australians."