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 of its type in Australia for...Read More
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 could be found, and what this...Read More
VFMC welcomes the appointment of new Chief Operating Officer, Lucy Carr, and Chief Finance and Risk Officer, Paul Shanley. Ms Carr has been VFMC’s Chief Risk Officer since December 2019 and has more than 20 years’ experience in financial services across AXA, EY and Vanguard, where she led functions including human resources, enterprise risk management...Read More
VFMC is saddened by the recent passing of financial innovator and respected former VFMC Board Director, Jack Diamond. Mr Diamond served on the VFMC Board for six years between May 2006 and May 2012. His long and varied career across asset consulting and in multiple, impactful roles in the super, funds management and banking industries,...Read More
The Victorian Funds Management Corporation (VFMC) has announced the appointment of former Chief Executive Officer, Ms Lisa Gray to the Board of VFMC effective 1 January 2022. In her almost six-year tenure as CEO, Ms Gray successfully led VFMC through an exciting period of evolutionary transformation, including overseeing a significant uplift in digital and technology, data and analytics and people and leadership. Ms Gray retired from executive life in September...Read More
In April 2021, VFMC announced that Chief Executive Officer, Ms Lisa Gray, would be retiring from her executive career on 30 September 2021. After nearly six years at VFMC, Lisa advised it was time to extend her business and leadership contribution to a broad portfolio of directorship and advisory interests. In announcing Lisa’s retirement, Mr...Read More
“Anchored in Purpose” When Lisa Gray accepted the position of CEO at the Victorian Funds Management Corporation, it was the start of an overhaul that saw the organisation through some tough times. Read more..Read More
The Chairman of Victorian Funds Management Corporation (VFMC), Mr James MacKenzie, is pleased to announce the appointment of Mr Tom Considine to the Board of VFMC (effective 8 June 2021). “This appointment broadens the public sector policy, financial and risk management expertise of the VFMC Board. In particular, Mr Considine brings extensive experience in...Read More
VFMC’s Russell Clarke: Russell Clarke believes the whole can be greater than the sum of its parts, and that principle has guided him since he became CIO of the Victoria Funds Management Corporation in May 2017. He’s converted a set of investment “sleeves” into a carefully tailored garment. Read more..Read More
The Chairman of Victorian Funds Management Corporation (VFMC), Mr James MacKenzie, is pleased to announce the appointment of Mr Andrew Nicolaou to the Board of VFMC (effective 15 September 2020). “This appointment further deepens the risk management and financial governance expertise and experience on the VFMC Board. In particular, Mr Nicolaou brings expertise in risk...Read More
