The exodus continues at Palisade Investment Partners.
Street Talk understands senior investment manager Jonathan Chau has resigned from the Australian mid-market infrastructure firm.
Sources said private hospital owner Healthe Care, which was acquired by China's Luye Medical for $938 million last December, has hired Chau as head of partnerships & developments.
Chau's departure follows last week's news that Palisade executive Julian Widdup has stepped back from full time responsibilities.
The exits come at an inopportune time for Palisade, which is in the final furlong of the auction for Sunshine Coast Airport.
Elsewhere, a team of advisers at Morgan Stanley Wealth including Shaun Bornstein, Bernie Connolly and Patrick Regan have secured an exclusive agreement with Magellan Financial Group to distribute the firm's global future equity strategy.
The arrangement is important as the trio advise on $2 billion and the strategy incorporates a low-carbon screening process, making it attractive for many not-for-profit funds.
