Mercer Investment Consulting (Mercer) plans to enhance its interest in alternative assets with the hire of alternative asset specialist, David Lee.
In the role of senior investment consultant, Lee will be responsible for consulting to institutional clients and contributing to Mercer's specialist capability in of alternative assets. He will be based in Melbourne.
Commenting on the hire, Mercer Investment Consulting in Australia/New Zealand head Simon Eagleton said: "This appointment reflects the strength of Mercer's standing within the Australian market, and David is another highly respected specialist who will help us meet the needs of our rapidly expanding client base."
Prior to joining Mercer, Lee was managing director of Citigroup Asset Management in New York and London in 2002-2003.
He has also worked for Towers Perrin for seven years until 1994, before co-founding Quentin Ayers where he worked from 1995-2002.
Prior to his career as an asset consultant, Lee worked in the corporate finance area of a major Australian company, evaluating investment proposals and preparing government submissions, and the National Companies and Securities Commission.
David has a special interest in the use of alternative assets in portfolio structuring; this has also influenced his extensive work in lecturing in finance and investments at Universities across Australia.
