Peak private credit is throwing up all sorts of unexpected manoeuvring – add succession planning at exclusive Sydney investment firm Alceon to the list.
Alceon’s financier founders – Trevor Loewensohn, Phil Green and Morris Symonds – are taking on a fourth and younger partner, hoping it sets their firm up for a new chapter that could one day see it outlast its founders.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
