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Barrenjoey won’t make much from its newest fund. And it doesn’t mind

Jemima Whyte

Barrenjoey is throwing its support behind the latest version of a fund that donates part of its fees to charities, partnering with philanthropic crowdfunding group 10x10 founder Laurence Marshbaum to launch a $US280 million ($420 million) unlisted credit fund.

Backers for the fund include Australian Retirement Trust, Minderoo Foundation, Legalsuper and MLC Insignia.

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Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/barrenjoey-won-t-make-a-lot-from-its-newest-fund-and-it-doesn-t-mind-20221206-p5c437