Two former veterans of Goldman Sachs Asset Management and Bankers Trust are turning their hands to the rapidly growing business of sustainable investing, aiming to raise up to A$150 million ($109 million) within six months for a new equity fund.
Philip Moffitt, the former head of fixed income for Asia Pacific at GSAM, and Christopher Selth, who once headed the international funds management operations at BT, established Beckon Capital to source investment opportunities across small- to medium-sized businesses in Australia and New Zealand.