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Australia’s IFM appoints new head of debt

New York-based debt veteran Rich Randall will lead IFM’s global debt investment teams.

Australian asset manager IFM Investors has elevated Rich Randall as its global head of debt investments, having previously been executive director of debt investments.

Before joining IFM Investors in 2013, Randall spent 10 years at RBS, where he managed and was responsible for the bank’s $3 billion portfolio of infrastructure investments. Prior to that he held VP positions at Calyon and Trust Company of the West (now EIG). He has more than 20 years of experience in originating, analysing, structuring and arranging debt facilities for large infrastructure projects.

“Rich’s proven expertise in sourcing debt opportunities and team management makes him an ideal lead for our global team, which includes dozens of professionals spanning three continents,” said Brett Himbury, CEO, IFM Investors. “As credit specialists, our approach to debt investments is even more relevant to a wide range of global investors as they recognise the growing importance of income assets in their portfolios.”

In his new role, Randall will manage IFM Investors’ global debt investment teams and the relationships with investors. He will also oversee the sourcing of infrastructure debt opportunities internationally. He will continue to be based in IFM Investors’ New York offices and will report directly to Himbury.

The predecessor of Randall, Robin Miller, will semi-retire from IFM Investors but will remain with the firm and transition to the role of senior advisor and chair of the investment committee within the organisation.

IFM Investors is an investor-owned fund manager investing in debt, listed equities, infrastructure and private capital. It currently has $51 billion-worth of funds under management and has offices in Melbourne, New York, London, Sydney, Berlin and Tokyo.