Crescent Wealth Appoints New Chief Investment Officer

Sydney, 8 July 2019 – Socially responsible Australian superannuation fund Crescent Wealth has appointed experienced investment professional Jason Hazell as its Chief Investment Officer.

Mr Hazell has more than 20 years’ experience in superannuation, investment management, mergers and acquisitions and private equity. He has joined Crescent Wealth from Nightingale Partners, a Sydney-based venture capital firm that invests in early and growth stage companies.

Prior to this, Mr Hazell spent more than eight years with NAB Asset Management where he was Head of Investment Specialists and previously Head of Strategy and M&A. He also had a 10-year stint with MLC Investment Management, managing Australian and global real estate portfolios.

In his new role with Crescent Wealth Mr Hazell works closely with the investment committee to set investment objectives, formulate investment strategies and manage portfolios that invest in ethical and Islamic compliant industries.

He holds a Bachelor of Science (Mathematics) from the University of Sydney and a Master of Finance from the University of New South Wales.

Crescent Wealth Managing Director Talal Yassine OAM said that prior to joining Crescent as CIO, Mr Hazell had been a member of the firm’s investment committee. Because of this, he knew Crescent and its distinctive investment approach well.

“Jason is a proven performer, a great addition to the Crescent Wealth family, and a strong supporter of our investment ethos.

“Our socially responsible investment principles and values align with low risk and medium returns over long periods. Our Islamic compliant investment approach also means we actively have a ‘no-go’ approach to investments in industries such as weapons manufacturing, alcohol production and sales, tobacco, gambling, pornography and interest-earning financial institutions, such as banks.

“We offer an attractive alternative based on socially responsible investing and place funds in healthcare, property and infrastructure, utilities, manufacturing and innovative industries instead,” Mr Yassine added.

 

Media Enquiries:

Jeremy Kirk

Financial & Corporate Relations (FCR)

0466 871 520

j.kirk@fcr.com.au

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