Global investment firm Susquehanna International Group (SIG) has backed new Australian fund manager Nucleus Global Investors.
The business is jointly owned by SIG and the management team at Nucleus. The firm is managed by Stefano Solferini and Brian Ingham.
Solferini previously worked at UBS Asset Management. Ingham has worked for BNP Asset Management, Calliva Wealth and Matrix Asset Management.
Former Deutsche Bank banker Justin Crotty and former Mariner distribution manager Dan Burke have also joined the group.
Nucleus Global Investors will specialise in managing global listed infrastructure securities and plans to launch its flagship fund in early July.
The fund will target both retail and institutional investors.
Under the partnership, Nucleus will have access to analysts located in the US, Europe and Asia.
"SIG stood out due to its global reach, scale, independence and compatible culture. Other fund managers are aligned with investment banks or other groups which can create conflict. SIG will act as a passive investor and will have no role in the investment process," Nucleus chief executive Stefano Solferini said.
