Mayfair 101 has added four “highly respected business leaders” to its advisory board.
Prominent Australian businesswoman Maureen Jordan, communications expert Toby Ralph, ex-Vodafone director Amit Pau, and former British diplomat Sir Phillip Thomas have all taken a seat on the advisory board.
The new appointees will join existing advisory board members Kenn MacMillan, Don Christie, Craig van Wegen, Charlie Grant, John Anasis and IPO Wealth boss Ewan Laughlin.
“Following the success of Mayfair 101’s Australian investment management company IPO Wealth, which recently surpassed the $90m mark after only two years in operation, we are now looking to significantly expand our product offering into the UK market,” said managing director James Mawhinney.
Last summer, Mayfair 101 expanded its UK operations with the launch of London-based investment management firm M12 Global. The plan now is to list the business on the London Stock Exchange later this year.
“The UK has always been a key focus for the Mayfair 101 group given the depth of financial services expertise and resources,” added CEO Mawhinney.
“With interest rates at historic lows across most developed markets, investors are looking for non-bank alternatives that provide regular above average returns.
“Mayfair 101 therefore intends to list M12 Global on one of the main London stock exchanges later this year to fill over $3bn worth of demand for credit within the Mayfair 101 portfolio over the next five years.”
Advisory board members support Mayfair 101 bosses through their experience and knowledge. They also offer the group a “world-class contact network” to support the group and help its portfolio companies to achieve their goals.