People moves

Ecofin establishes Australian operation

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London-based investment management company Ecofin has launched an Australian operation after completing the purchase of a 51% stake in Change Investment Management, a Sydney-based climate change and environmental sector investment specialist.

The firm has retained Lisa Wade and Nicki Ashton, the co-founders of the acquired company, as managing directors and relaunched the firm as Ecofin Australia.

Ecofin says its Australian management firm will capitalise on the diverse global investment opportunities brought about by the long term mega-trends of energy security, climate change, population growth, urbanisation and food and water scarcity.

Ecofin CIO Bernard Lambilliotte, says that the firm