Macquarie Funds Management hires cleantech expert Kurt Faulhaber

Faulhaber joins Macquarie from Austin Clean Energy Incubator, which was established by the US Department of Energy's National Renewable Energy Laboratory. There he focused on identifying cleantech ventures and assisting companies with their strategy, launch and growth. Prior to the CEI, he worked in the semiconductor industry with Teradyne.

John Brakey, head of alternative investments within Macquarie Bank's Funds Management Group, said, 'Macquarie Funds Management provides clean technology private equity investors with specialist expertise in investment selection and access, portfolio construction and client service. Kurt has more than ten years' experience and knowledge of the clean technology sector which will greatly add to the strength of our investment team, as we build on our capabilities in this space to solidify the position we believe we have as a leader in clean technology private equity.'

Other new members to join the Funds Management Group include US-based analyst Andrew Schmitz, Australian-based senior analyst Jenny Weinstock, and Australian-based analyst Daniel Levan.

Macquarie Funds Management manages more than $3bn in private equity assets on behalf of institutional investors in North America, Europe and Australia. The firm has offices in Sydney, Hong Kong, London and Carlsbad.

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