Former Macquarie exec to lead Fidante's new boutique partnership

Fidante Partners has announced the formation of Australian small-cap fund manager Lennox Capital Partners, the newest boutique under the Fidante brand, which is set to launch in April 2017.

The boutique will be led by Liam Donohue, alongside James Dougherty. The pair will join from Macquarie Group, where they have worked for 12 years, most recently as joint managers of the Macquarie Australian Small Company and Micro-Cap funds.

Commenting on the new venture, Challenger chief executive funds management, Ian Saines, said: "Fidante Partners has a great history supporting boutique, active investment managers and I am delighted to announce this latest partnership. We look forward to supporting the success of Lennox Capital Partners."

Donohue added: "It felt like the right time to launch a specialist small companies boutique, we are passionate fundamental investors and believe that Lennox Capital Partners creates strong alignment between ourselves as managers and our clients."