Asia Business Group
亚洲业务集团
Acure has partnered with Esplanade Capital Pty Ltd to form the Asia Business Group, an initiative that seeks to extend the global reach for Australian property and leverage its expertise in the property sector.
The Asia Business Group will assess real estate investment opportunities as they arise and provide ongoing oversight on the management and performance of the investment and the underlying property assets through to eventual realisation of the investment.
Governance of the Asia Business Group will be provided by the Advisory Board which will comprise representatives from both Acure and Esplanade and bring together the extensive experience and expertise. As Manager of the investments, Acure will be responsible for providing financial and operating reports to the Advisory Board to ensure the investment strategy is carried out in accordance with the plan and with transparency and integrity.
The initial members of the Advisory Board will comprise of the following:
Tony Cheng
Investment Committee Advisor, Asia Business Group
Tony comes from many years of financial planning background and has also worked on property development in Perth.Built up a widespread Chinese, Australian and Southeast Asia network in the mining, energy resources, property, technology and agribusiness sectors.Tony also consults to a tier 1 law firm “Corrs Chambers Westgarth Lawyers” in the area of M&A and inbound investments into Australia.
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Jack Cai
Investment Committee Advisor, Asia Business Group
Jack graduated from Curtin University with a Bachelor of Commerce and a Master’s degree in Finance.He has been involved in the operation of the Western Australia Guangdong Association of Commerce for over 10 years. He currently serves as the president of the chamber and has assisted its members in completing numerous business tractions and project investments.Within the Chinese business community, he has established an extensive international collaboration network. In China, his connections and influence are particularly notable.
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Angelo Del Borrello
Managing Director and Founder of Acure Asset Management Ltd
Over 26 years of experience in property funds management and capital markets.Prior to founding Acure, Mr Del Borrello also founded and was the Managing Director of ASX listed Aspen Group Limited (APZ) from 2001 to 2010 (REIT and funds management group) with AUM of $1.4 billion. Prior to this, he also held investment banking roles with Prudential Bache Securities and BNP Paribas.Mr Del Borrello is a Fellow (F Fin) with FINSIA Australia and holds a Diploma of Financial Advising with FINSIA.
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Robert Morrison
Business Development Executive & Responsible Manger at Acure Asset Management Ltd
A qualified Chartered Accountant with over 30 years of experience in accounting, investment banking, finance and financial services.Previously held roles with KPMG, Bankers Trust, Deutsche Bank, Poynton Corporate, Aspen Group and Perdaman Capital.He is a member of the Chartered Accounts Australia and holds a Bachelor of Commerce and a Graduate Diploma of Applied Finance.
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