Major water rights fund investors consider turfing management

Primrose RiordanAssociate editor

Apr 8, 2025 – 11.06am

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Prominent South Australian financier Ed Peter will step down as chairman of the $290 million water fund that he founded later this year after a review of management by KordaMentha and BDO.

Peter is the former head of Deutsche Asset Management in Asia and chairs Duxton Capital, an investment vehicle that oversees a portfolio ranging from pubs to farms and vineyards. Investors include the billionaire Oatley family, Phil King’s Regal Partners and wealthy environmentalist Robert Purves.

Primrose Riordan covers private companies and family offices from the AFR's Sydney newsroom. Primrose was previously a correspondent for the Financial Times and covered foreign affairs and politics in Canberra. Primrose has won multiple awards for her journalism including from The National Press Club, SABEW in the US and Press Gazette in the UK. Message Primrose on Signal: https://tinyurl.com/PrimroseSignal