Industry super fund CareSuper has appointed a new investment manager.
Frank Russo joins the $13 billion super fund from SILC Group, a boutique strategic adviser and investment solutions provider specialising in wholesale private, commercial and institutional clients. At SILC, Russo was executive director and head of portfolio solutions.
Before that, he was managing director of Frank Russo & Associates Consulting, director of alternative investments at Russell Investments, senior analyst at Access Capital Advisers and senior portfolio manager at EquipSuper.
Russo's new role follows CareSuper making two appointments to its senior leadership team last year.
Former general manager of RACV Insurance, Paul Northey, joined CareSuper as executive manager - relationships and growth, responsible for fund growth and maximising the effectiveness of the member and client facing teams.
He previously held senior executive roles in wealth management, banking and financial planning organisations including St Andrews Australia and Aviva Australia.
Mark Lyons, meanwhile, joined as executive manager - corporate services, responsible for facilitating efficiency and a positive workplace culture within the organisation through the delivery of internal support services.