Realside adds investment director

Justin Lal
JUSTIN LAL
Realside Financial Group - Investment Director
DEPARTURE
GOLDMAN SACHS ASSET MANAGEMENT AUSTRALIA PTY LTD
Date: July 2021
Position: Executive Director, Merchant Bank Division
APPOINTMENT
REALSIDE FINANCIAL GROUP
Date: August 2021
Position: Investment Director

Former Goldman Sachs executive director for merchant banking, Justin Lal, has joined Realside Financial Group as investment director.

Realside specialises in unlisted commercial property and private debt.

Before joining Goldman Sachs, Lal spent time as an analyst for Merril Lynch and in accounting with PwC.

Lal is joined by Bibiana Yeung as finance manager and Katrina Christie as a client investment solutions director. Realside managing partner Alex Hone said, "Katrina, Bibiana and Justin join a senior team with a combined 100 years' solving complex investment problems and generating investor returns from quality off-market opportunities. Their appointments will further strengthen our investment focus to ensure that each element of price, return and risk meets the strict criteria we apply to drive optimal client results.

"Realside adheres to a disciplined investment process, with a strong focus on capital preservation to ensure adequate compensation for the client risks being taken.

"While this strategy places a constraint on the amount of capital that can be managed, it allows for outsized, risk-adjusted returns, focusing on quality and providing a large margin of safety."