The New Zealand Superannuation Fund has appointed alternatives specialist Lindsay Wright as deputy chair of its board of Guardians as of 1 January 2016.
Wright is currently Invesco Hong Kong’s regional head of institutional, alternatives and investment solutions business, Asia Pacific and was formerly chief executive officer at Harvest Alternatives Investment Group and co-CEO of Harvest Capital Management, the second-largest funds management company in China. She has also worked at Deutsche Asset Management/DWS based in New York and was appointed to the Guardians Board in 2012.
Wright replaces Catherine Savage, who has been a Guardians board member since 2009, and becomes the board’s chair.
Savage is managing director of Savage Group, chair of the National Provident Fund, and an independent director of Kiwibank, the Todd Family Office, and Pathfinder Asset Management.
NZ Super is the New Zealand government's savings vehicle with NZ$29.9 billion ($19.8 billion; €18.1 billion) of assets, of which about 4 percent is invested in private equity, according to PEI Research & Analytics. The fund is sharpening its focus on direct investments and expects to make more hires to its expanding team in the coming year, as reported by Private Equity International.