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07 July 2025 by Maja Garaca Djurdjevic

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Mariner faces more staff losses

  •  
By Christine St Anne
  •  
2 minute read

Technical services manager leaves the company as further staff cuts are expected.

Mariner Financial's technical services manager Kate Anderson has been made redundant, with rumours mounting there are further staff losses to come.

A company spokesperson said Anderson's departure was a result of a change in the direction of the company.

Further staff losses are expected in the firm's distribution business, but the spokesperson would not comment on the changes.

Mariner has undergone several changes over the last six weeks.

 
 

 In October, the firm's subsidiary business Mariner Treasury went into receivership.

The firm also deconsolidated the Mariner German Property Trust and Mariner Japan Property Trust. As a result of the restructure, the group's total current liabilities were reduced from $161 million to $23 million in the deconsolidated balance sheet.

On Friday investors will decide whether Real Estate Capital Partners (ReCap) will be appointed as the responsible entity for three of its managed funds.

The three funds in question are the Mariner American Property Income Trust (MRA), the Mariner Infrastructure Trust No.1 (MIT 1), and the Mariner Property Trust No.2 (MPT 2).