Lisa Gay appointed as new VFMC Chair   The Treasurer of Victoria, Tim Pallas, announces the appointment of Lisa Gay as the new Chair of Victorian Funds Management Corporation (VFMC), effective 23 November 2023.   Lisa Gay was appointed as a Director of the Board in May 2016...

VFMC was featured in an article in the Australian Financial Review Lighthouse gets $130m social loan from CBA, NAB Fund manager Lighthouse Infrastructure has secured a so-called social loan of $130 million from Commonwealth Bank and National Australia Bank to boost its provision of specialist disability accommodation funding, the first loan...

CEO, Kate Galvin featured in a news article on Women’s Agenda. We learn more about Victorian Funds Management Corporation’s (VFMC) family-inclusive initiatives and policies aimed at supporting parents, carers and women, thanks to our partnership with Family Friendly Workplaces. Victorian Funds Management Corporation’s investment team is edging closer to reaching...

Today, VFMC is announcing James MacKenzie’s retirement from his role as Chair of the VFMC.  James will retire on 23 August 2023, having chaired the VFMC Board since June 2015.   On behalf of the VFMC Executive team, and our people, I extend thanks and appreciation to James for...

The Chairman of Victorian Funds Management Corporation (VFMC), James MacKenzie, announces the departure of Elana Rubin from the Board of VFMC (effective 24 April 2023). Elana has been appointed as a member of the Board of the Reserve Bank of Australia commencing in September 2023.   “The Board of...

VFMC are thrilled and proud to be featured by the Principles for Responsible Investment (PRI) as a case study highlighting our commitment to align our Clients’ investments with the goal of achieving a net zero future. The case study focuses on VFMC’s targeted active engagement with investee companies in...

For the second consecutive year, Victorian Funds Management Corporation (VFMC) has been ranked number one as part of the OMFIF ranking of sovereign funds globally for gender equality. With a mostly female executive team and gender balance across the organisation, VFMC leads the way among pension and sovereign funds...

Chief executive of one of Australia’s largest investment managers, Kate Galvin is helping spearhead greater gender equity, diversity, and inclusion in the investment management industry. Andrew McKean writes. Victorian Funds Management Corporation (VFMC) chief executive Kate Galvin takes pride in VFMC’s promotion of gender equity and diversity, and for setting a...

VFMC recently completed its Investment Risk Uplift Project to further elevate portfolio risk capabilities and support global best practice in investment risk management. A key project objective was better understanding, at a whole-of-portfolio level, how much risk was coming from VFMC’s Private Credit asset class, where better risk-adjusted returns...