CEO says "it's a testament to the trust our investors place in us"
Alternative asset manager La Trobe Financial has reached $20 billion in assets under management (AUM), hitting the milestone after a period of significant growth under chief executive Chris Andrews (pictured above), who took the helm in 2022.
“It has been an incredibly exciting time for the entire La Trobe Financial team,” Andrews said. “We are committed to delivering the highest quality investment offerings to our 100,000 investors.
“The rapid growth in AUM that we have experienced over the last two years is a testament to the hard work and dedication of our team and to the trust that our investors place in us. It’s an honour to lead a group of such outstanding professionals and to celebrate these milestones together.”
See LinkedIn post here.
In addition to reaching the AUM milestone, La Trobe Financial has invested in upgrading digital processes, launched a new website, initiated two new marketing campaigns, and unveiled a new global investment strategy. The company also launched its first product under this strategy, the La Trobe US Private Credit Fund.
“As we continue to grow and release new products, we will remain committed to the principles of service and stewardship,” Andrews said. “We will also ensure we continue to offer the highest quality investment strategies and that we do so with a human-centric approach.”
Founded in 1952, La Trobe Financial manages assets for nearly 100,000 investors, including some of the world’s largest financial institutions and 3,200 supporting financial advisers. La Trobe Financial was also named a 2023 Top Mortgage Employer by Mortgage Professional Australia.
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