Spencer Young
Non-Executive Chairman
Appointed 15 May 2003
Spencer founded HFA Asset Management in 1998 which later listed on the ASX in April 2006 via an IPO of HFA Holdings Limited. He has over 28 years of investment and management experience including relationships with a network of international alternative investment managers. Spencer holds a B.Eng (U.Qld) and an MBA from the Harvard Business School. Through his executive career he has held several senior investment positions including Executive Director of Rothschild Australia Private Equity and Lend Lease Corporation’s senior executive in the USA for venture capital and private equity investments. On 10 November 2011 Spencer resigned as CEO of HFA Holdings Limited but remains on the Board as Non-Executive Chairman.
Sean McGould
Executive Director
Appointed Director 3 January 2008
Sean is the co-founder of Lighthouse and serves as President and Co-Chief Investment Officer. He supports the investment team in the manager search, selection and review process and is the Chairman of the Investment Committee. Sean has been overseeing all aspects of the portfolios since August 1996. Sean joined Asset Management Advisors (“AMA”), a multi-family office as Chief Investment Officer in August 1996. Lighthouse was formally spun out of AMA in 1999. For the past 15 years, Sean has been investing in various alternative investment strategies. Prior to founding Lighthouse, Sean was the Director of the Outside Trader Investment Program at Trout Trading Management Company and was responsible for the allocation of the fund’s assets to external alternative asset strategies. Prior to Trout, Sean worked for Price Waterhouse and passed the Certified Public Accountant examination.
Fernando (Andy) Esteban
Independent Non Executive Director
Appointed Director 18 June 2008
Andy has over 31 years experience in the financial services industry, of which 21 years were with Perpetual Trustees Australia Ltd. In December 1999 he established FP Esteban and Associates, a private business specialising in implementing and monitoring risk management and compliance frameworks in the financial services industry. He has provided consulting services to a number of organisations including UBS Global Asset Management for their funds management operations in Australia and South East Asia operations located in Hong Kong, Singapore, Taiwan and China and was appointed independent Director of three of their hedge fund companies based in Hong Kong. From July 2005 untll June 2008 he was also an independent Director of Credit Suisse Asset Management (Australia) Ltd. He is currently a member of compliance committees or risk and audit committees for a range of managed investment schemes, superannuation, insurance and infrastructure products (retail and wholesale) including Macquarie Bank, Credit Suisse Asset Management, Suncorp, Schroder Investment Management, AllianceBernstein and Deutsche Asset Management Australia Ltd.
John Larum
Independent Non Executive Director
Appointed Director 12 December 2008
John has extensive experience in the financial services industry having held a range of senior positions including, President of China Business for UBS Global Asset Management, Chief Executive Officer of UBS Global Asset Management (Australia), and Chief Economist for UBS Warburg (Australia). Prior to joining UBS, he spent more than a decade with the Federal Treasury in Canberra, where he rose to the position of Assistant Secretary, Domestic Economy Branch. John holds a Bachelor of Commerce (Econometrics) from the University of New South Wales and a Master of Economics from the Australian National University.
Michael Shepherd
Independent Non Executive Director
Appointed Director 16 December 2009
Michael has extensive experience in financial markets and the financial services industry having held a range of senior positions including Vice Chairman of ASX Limited, Chairman of the ASX Market Rules Committee, and Directorships with Australian Clearing House Pty Ltd, SFE Corporation Limited, SFE Clearing Corporation Pty Ltd and Austraclear Limited. Currently, Michael is Chairman of the Shepherd Centre and is an independent Compliance Committee Member for UBS Global Asset Management (Australia) Limited. Michael is also a Senior Fellow (SF Fin), Life Member and past President of the Financial Services Institute of Australasia and a Member of the Australian Institute of Company Directors (MAICD).
Anthony Civale
Non Executive Director
Appointed Director 25 February 2011
Anthony is a senior partner of Apollo Management, L.P., where he has responsibilities in Apollo’s private equity business as well as for strategic and corporate development. He also co-heads Apollo’s traditional fixed income business. In addition to HFA, Anthony currently serves on the Boards of Berry Plastics Group, Youth INC and is a member of the Board of Trustees of Middlebury College. Anthony has previously served on the Boards of Breuners Home Furnishings Corp., Goodman Global, Inc., Harrah’s Entertainment and Prestige Cruises. Prior to joining Apollo in 1999, Anthony was employed by Deutsche Bank Securities and Bankers Trust Company in their Financial Sponsors Group within the Corporate Finance division. Anthony holds a Bachelor of Arts in Political Science from Middlebury College, Vermont, USA.
Grant Kelley
Non Executive Director
Appointed Director 25 February 2011
Grant is a Managing Director of, and Head of Asia Pacific Real Estate for, Apollo Global Management. Grant has over 20 years experience in corporate strategy, private equity and real estate investment in Australia, Hong Kong, Japan, Singapore, South Korea, the United Kingdom and the U.S. From 2004 until 2008, Grant was the Chief Executive Officer of Colony Capital Asia. Previously, he spent two years developing Colony Capital’s regional operations in South Korea and Japan and prior to joining Colony in 2000, was a Principal at the international consulting firm, Booz Allen & Hamilton. Grant is a past Director of the Sentosa Development Corporation in Singapore, of Fairmont Raffles Holdings in Toronto, and of Challenger Financial Services (as an alternate) in Australia. Grant holds a Bachelor of Laws degree from the University of Adelaide, a Masters degree in International Relations from the London School of Economics and Political Science, and a M.B.A. from the Harvard Business School.
James Zelter
Non Executive Director
Appointed Director 25 February 2011
James is the Chief Executive Officer of Apollo Capital Management and Chairman and Chief Executive Officer of Apollo Investment Corporation. From 1994 to 2006 James held various positions within Citigroup and its predecessor companies, including Chief Investment Officer of Citigroup Alternative Investments. During this period, James also served on the Global Fixed Income Management Committee and the Division Planning Committee. In addition, he was a standing member of the Citigroup Pension Investment Committee, the Salomon Smith Barney Capital Partners Investment Committee and the Citigroup Mezzanine Partners Investment Committee. Prior to joining Citigroup in 1994, James was employed by Goldman Sachs & Co. James is a board member of DUMAC, the investment management company that oversees the Duke Endowment and Duke Foundation. James holds a degree in Economics from Duke University, North Carolina, USA.