Only months after accepting a role at Standard and Poor's (S&P), investment services executive Jarrod Brown is to take the role of chief executive at Victorian-based boutique Bennelong Funds Management.
Brown, who starts his new job on September 10, joined S&P in a consultancy role to develop group strategy late last year.
"It's been a very fruitful relationship and we hope it will be ongoing," S&P Australia managing director Chris Dalton said.
Dalton said he hoped Brown would become part of an external advisory board the research manager was looking to develop.
Bennelong Funds Management, set up in early 2006, is owned by diversified investment company Bennelong Group.
Brown was brought on board to develop the business into the public market, Bennelong chief executive Mark Hardgrave said.
"He is someone that knows the funds management business and we are looking to him to build the third phase of our operation.
"The plan is for Jarrod to build a new scalable business."
Bennelong Group, which has commercial interests and real estate investments in Australia, the United Kingdom and the United States, was formed in 2000 by Sportsworld Media Group founder Jeff Chapman.
Challenger chairman Peter Polson also sits on the board as a non-executive director.
The group owns assets including Crown Golf, the largest owner and operator of golf clubs in Europe, and non-CBD commercial property in the eastern states of Australia.
Investments available to Bennelong Funds Management wholesale investors are Australian equities, Australian property and a market-neutral long-short fund.
Brown left as IOOF general manager of retail funds management in August 2006.
