Bennelong Funds Management, an Australian fund manager, has launched a new subsidiary in the US.

The new unit will be located in New York and operate under the name BennBridge US.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

It will distribute existing investment strategies to institutional investors.

According to Bennelong CEO Craig Bingham, the expansion is in response to rising demand among North American investors for the firm’s strategies.

“The initial focus will be on Pembroke Emerging Markets, Quay Global Investors and 4D Infrastructure’s strategies, and we have already seen strong interest from financial institutions in the US for these.”

The new office will be helmed by Barbara Safranek as president.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Safranek will be tasked with developing strategic industry relationships and managing institutional distribution.

She will be supported by Greg Mariasch, a partner and portfolio manager at Pembroke Emerging Markets who will now move to New York from London.

Mariasch will be responsible for offering investors in the US direct access to Pembroke strategies.

Referring to Safranek, Bingham said: “Barbara has strong relationships with foundations, endowments, private and public pensions plans, family offices, sovereigns, and consultants in the US and abroad, and is well connected in the market.

“This experience will hold her in good stead as she drives the overall growth and strategic direction of the Bennelong and BennBridge strategies in the US market.”

Bingham also unveiled plans for more hiring in the US as the subsidiary strengthens its presence in the market.

The launch of the US subsidiary comes two years after the establishment of Bennelong’s UK unit.