Ares Australia Management has hired Teiki Benveniste from Macquarie Group as its new head.
AAM was formed in October last year as a joint venture between US credit giant Ares Management and Fidante Partners, an Australian multi-boutique asset manager.
A statement said Benveniste would be based in Sydney and take responsibility for building investor interest in the asset manager and increasing assets under management as it launches a range of investment strategies.
