australia

The law firm has highlighted private capital, energy transition, ESG, tech and cyber risk, as strategic focus areas.

The alternative investment manager wants to provide global institutional investors access to private credit opportunities in Australia.

Australia is home to start-up success stories ranging from Atlassian to Canva. Its community attributes the sheer “scrappiness” of the country’s founders to being exactly what sets them apart from their global peers. Emerging is a new wave that includes Gilmour Space Technologies, with its sights set on putting humans on the moon.

The firm is looking to address APAC’s growing private credit market.

Michael Isaacs will work alongside Leigh Johnson to deliver growth across the franchise.

The promotions, effective from January 2023, will help the firm to address opportunities arising from strong M&A activity in TMT in Southeast Asia, and from investments into renewable energy projects in Australia.

Stefanie Benson joins the firm from Allen & Overy, where she was counsel.

The transaction is the latest in Citi’s plans to divest from its consumer businesses in Asia and EMEA.

The bank has announced eight appointments within its Sydney office.