As chairman of Cromwell Property Group, Paul Weightman saw plenty of corporate jousting. Now, having stepped down from the ASX-listed property group and founded Corinthia Global Management, Mr Weightman has managed to get under the skin of one of the world’s largest investors: Barings.
Last month, the private credit manager founded by Mr Weightman capped a stellar run since its establishment, carrying out one of the largest corporate raids at a US asset manager in years. The firm, founded last year with the backing of Japanese investment bank Nomura, snared more than 20 staff from Barings, a subsidiary of life insurer MassMutual and the manager of $US381 billion ($584 billion) in assets.
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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 Connect with Primrose on Facebook and Twitter. Email Primrose at primrose.riordan@afr.com
