Charter Hall, Australia’s leading property investment management group, is pleased to announce that Miriam Patterson, former Head of Real Assets at Telstra Super, has been appointed as Fund Manager, Charter Hall Direct. The creation of the Fund Manager role reflects the strong growth of Charter Hall’s Direct business from $3 billion to $5.3 billion in the past 18 months.
Managing Director and CEO, David Harrison said “We are delighted to secure the services of Miriam who has 15 years’ experience in property and infrastructure and brings a diverse range of skills in portfolio and risk management, transactions, asset management and investment governance. Miriam will be an excellent fit for the Group as we grow the institutional quality of investments available to our Direct platform which has more than 20,000 retail, Self-Managed Super Fund (SMSF), High Net Worth (HNW) and family office customers.”
“We further expect Miriam’s experience to complement the broader Group and her knowledge, experience and relationships in the wholesale market will be invaluable” said Harrison.
Miriam Patterson will report to Direct CEO, Steven Bennett who sits on Charter Hall’s Executive Committee.
Bennett said “This is a key appointment for the Direct business. We are excited to see an executive of Miriam’s calibre to work with the whole Direct team to curate and grow our existing suite of funds, together with driving the growth of new offerings to our investors to give them diversity of investment choice across the property sector”.
Commenting on her appointment, Miriam Patterson said, “I am thrilled to be joining one of the leading real estate investment platforms in Australia, which I have observed first hand having overseen Telstra Super’s investments in a number of Charter Hall’s funds and partnerships.”
“I look forward to working with the Direct team to take advantage of the exciting growth opportunities we are seeing to provide investors with secure, sustainable income streams underpinned by high quality, long leased properties” said Patterson.
Patterson was appointed Telstra Super’s Head of Real Assets in May 2016, after almost five years as an investment manager, in the property and infrastructure investment team. As Head of Real Assets, Miriam was directly responsible for overseeing Telstra Super’s $4 billion real estate and infrastructure portfolio. Prior to joining Telstra Super, she worked at Hastings Funds Management and Ernst & Young in corporate finance.
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