The Future Fund adds to investment team

Toby McMillan
Future Fund Management Agency - Director of Unlisted Property
Date: 23 May 2023
Position: Director of Unlisted Property
By Elizabeth Fry

The Future Fund has strengthened its investment team by hiring Toby McMillan as director of unlisted property.

McMillan arrives from the $60 billion quasi-sovereign wealth fund Victorian Funds Management Corporation.

McMillan worked at VFMC for over 12 years, most recently as a senior property portfolio manager.

This role involved the origination and management of investments in a $5 billion portfolio of unlisted property funds, mandates, clubs and joint ventures in Australia and offshore.

In this role, he also sat on several advisory boards and investor investment committees.

Before that, he spent more than seven years with Jones Lang La Salle ending up as senior valuer in capital transactions.

Australia's sovereign wealth fund has added several new staff to its investment team recently by recruiting Ben Griffiths, (ex-TCorp) as director of equities and Carlyle dealmaker David Bluff as head of private equity.

Last week, Alexander Byrne, an infrastructure and timberland specialist also joined from the Australian Retirement Trust.

Longstanding executive Wendy Norris recently announced she was taking up the position of chief executive at OneFortyOne.