Australia-based global diversified alternative investment firm, QIC, has announced the promotion of Brian Delaney to senior managing director - U.S., effective 1 July 2018.
In this role, Delaney will lead QIC's efforts to foster client relationships and business development opportunities in the U.S., provide insights on investment trends to inform corporate strategy, and share market intelligence with the firm's investment teams. He will also chair a new QIC U.S. Leadership Forum comprising representatives from QIC Global Real Estate, Global Infrastructure and Global Private Capital, responsible for implementing QIC's U.S. strategy.
Delaney, who has been the firm's executive director, strategy, clients & global markets since 2012, will relocate to the U.S. and will report to QIC CEO Damien Frawley.
Prior to joining QIC, Delaney spent 14 years at AMP Capital as director of the firm's client, product & marketing division, responsible for all institutional, retail and self-managed super fund (SMSF) strategies. He was also a member of the executive team driving global strategy, risk measurement and financial outcomes across the firm.
Commenting on Delaney's appointment, Frawley said: "Brian's appointment reflects the value that QIC places on further developing client relationships and business opportunities in the U.S. With the U.S. having become our second largest market in terms of both employees and assets, Brian's role will be crucial in growing our networks, particularly as we build QIC's brand and reputation in the U.S. and raise capital for the QIC U.S. Shopping Center Fund."
Delaney added: "I'm excited to assume this role at an important time in QIC's growth in the U.S. I look forward to working with my colleagues across our U.S. offices to further embed QIC's culture of high performance and inclusion, which has underpinned our achievements in recent years."
QIC has also announced that David Asplin, currently managing director - global business development, has been named chief operating officer - global real estate. Asplin will be based in QIC's Brisbane office and will also assume his new position in July 2018.