Stafford Capital Partners appoints superannuation head to Credit Investment Committee
London, 2 March 2023 – Stafford Capital Partners (“Stafford”) has appointed Stephen Milburn-Pyle, former head of the Australia Post Superannuation Scheme (APSS), to its Credit Investment Committee.
Stephen joined Australia Post in 2005 to manage the investment strategy of the APSS and was made the company’s General Manager of Superannuation in 2011. He held executive responsibility for the strategic and operational management of the APSS, a c. $8 billion defined benefit corporate superannuation fund, until its transfer into Australian Retirement Trust (ART) in 2022.
Since being appointed to the APSS, Stephen has worked with Stafford in the timberland, infrastructure, private equity and private credit sectors. In 2017 Stafford launched a dedicated private credit strategy for the APSS, the Stafford Credit Opportunity Trust (SCOT).
In 2022 Stafford launched the Stafford Private Credit Income Opportunities Fund (CIO), which was seeded with a $132m NAV secondary transaction.
Brett Himbury, Chair of Stafford Capital Partners, added: “Stephen’s experience working at APSS, including his oversight of SCOT, makes him a strong addition to our Credit Investment Committee. He will work with the other members of the IC – including our co-founder Geoff Norman – to oversee and drive Stafford’s credit investing activities worldwide.”
Stephen Milburn-Pyle said: “During my time as manager of the APSS, we developed a strategic relationship with Stafford, where we focused on ways to diversify the portfolio. The Stafford team worked closely with us to develop and deliver on our private credit strategy which could provide current income, low market correlation and attractive overall net returns. They have been a long-valued partner in this respect. I’m very pleased to be joining the IC to support Stafford’s ongoing work in the private credit market.”
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About Stafford Capital Partners
Stafford is an independent private markets investment and advisory firm with USD %%AuM%% billion in assets under management and advice* for more than %%numClients%% institutional clients worldwide. Founded in 2000, Stafford has a global team of 80+ professionals investing in infrastructure, timberland, agriculture & food and sustainable private equity through secondaries, primaries, and co-investments. Stafford has been a UN PRI signatory since 2010 and has committed to the Net Zero Asset Managers initiative. It puts sustainability at the centre of its investment process and implements a well-defined ESG program across all strategies. In the UK, Stafford is authorised and regulated by the Financial Conduct Authority (Firm Reference Number: 225586).
* As of 30 September 2023
This release neither constitutes an offer to sell nor a solicitation to invest in any of Stafford’s funds. It is for information purposes only and is not a recommendation. It does not constitute an offer to sell or a solicitation to invest in any jurisdiction where the offer or sale would be prohibited or to any person not meeting the required investor criteria.