Governance
Governance
Stronghold is committed to maintaining an ethical and transparent operating environment and ensuring our investment decisions meet fund objectives. We have a comprehensive suite of policies across the group and specific to Stronghold that facilitates this commitment.
To further enhance the governance of SPPF the Board has established two committees:
- Investment Committee
- Compliance Committee
Investment Committee Charter
The Investment Committee oversees the investment activities of the Fund. It reviews and makes recommendations to the Board on matters including investment policies, investment performance, acquisitions, disposals, allocations and the appointment of external investment advisors and asset managers. The Committee members represent a wealth of experience and expertise, spanning over 100 years combined, across the property and funds management industries.
Compliance Committee Charter
Our Compliance Committee is composed by at least two external members consultants with high skills and experience verified. These periodical meetings aim to monitor the responsible entity in face of applicable regulations. The Compliance Committee members have the responsibility to report any breach or misconduct which they become aware or suspects. As an independent structure, the Compliance Committee may also report to Australian Securities & Investments Commission (ASIC) at any time if the entity does not propose to take appropriate action to deal with a matter which implicates its regulatory obligations or may cause any harm to their investors.
Steven Leigh
Steven Leigh has more than 35 years experience in the real estate investment management and development industry. He joined QIC Global Real Estate in 1991 and was a key member of the senior executive team that acquired and created through development a portfolio of high-quality retail and commercial assets in Australia, USA and the UK.
LEARN MORE ABOUT STEVEN
Steven has had significant experience in the wholesale funds management business through various market cycles and conditions and has a strong background in retail, commercial and industrial property with a particular focus on shopping centre acquisitions and redevelopments. After time as the Managing Director of Trinity Limited, and later Head of Australia for LaSalle Investment Management, Steven re-joined QIC as Managing Director QIC Global Real Estate in 2012 and was responsible for the group’s $20bn plus property portfolio. Steven is currently a non-executive director of ASX-listed company National Storage Limited and recently retired from Scentre Group Limited.
Philip Willington
Philip has over 45 years of experience in the valuation and property consulting profession and is a former Director of Knight Frank Valuations Queensland and a former Associate National Director of Jones Lang Wootton (now Jones Lang LaSalle) Australia.
LEARN MORE ABOUT PHILIP
Philip’s valuation experience covers a broad range of non-residential real estate with a particular emphasis on major retail centres and central business district and suburban office buildings. During his working career, Philip was also responsible for the coordination and administration of all property research activities carried out by Knight Frank Valuations Queensland and maintained an excellent relationship with Australia’s leading institutional and corporate property organisations.
Bruce Anderson
Bruce is a highly experienced CPA and brings over 32 years commercial finance experience to Stronghold. He has spent the last 22 years in the property and funds management industry holding senior roles as Responsible Officer, Compliance Officer and Conflicts Officer.
LEARN MORE ABOUT BRUCE
Bruce is currently the CFO for the Graystone Group, and as Director and Company Secretary is responsible for financial reporting and company compliance for Stronghold. Bruce has gained a wealth of experience in financing and accounting for projects throughout the property lifecycle, from due diligence, feasibility assessment, construction and development of assets, through to long term ownership structures and property management.
Bruce holds a Bachelor of Business (Accountancy) from the Queensland University of Technology, and a Graduate Diploma in Applied Finance and Investment from Finsia.