Boutique Australian equity fund manager Merlon Capital Partners has hired Rebecca El-Khoury as sustainability manager.
El-Khoury joined Merlon from TransGrid where she was a sustainability manager within the corporate strategy and sustainability team. Prior to working at TransGrid, she held roles at Deloitte Access Economics, the Australian Tax Office and the Reserve Bank of Australia.
She holds a B. Applied Finance / B. Economics from Macquarie University and was a Macquarie University Merit Scholar.
El-Khoury's hire is aligned with Merlon's culture of thinking and acting as long-term owners of businesses, said lead portfolio manager Neil Margolis. El-Khoury will support efforts to more deeply integrate ESG-related matters across its Australian equity funds, including the Merlon Australian Share Income Fund.
"ESG related matters are becoming increasingly important in assessing potential and monitoring existing investments," Margolis said. "Further, the skills required to develop a deep understanding of ESG related issues and coordinate engagement activities is becoming increasingly specialised and resource intensive.
"We are excited to work with Rebecca to further develop and implement our ESG philosophy and processes."
Merlon focuses its investment approach on identifying cash flow sustainability, with the goal of a portfolio of relatively high yielding stocks with limited risk of permanent capital loss.
As at 30 June 2021 Merlon was managing approximately $1.0 billion on behalf of institutional investors, charities and endowments and retail investors.
Merlon Capital Partners is supported by Challenger Limited subsidiary Fidante Partners.