Frontier Advisors has been appointed as independent asset adviser to The University of Adelaide following an extensive evaluation process.
Frontier will work on the strategy, structure and monitoring of the University’s endowment fund which is used to fund research projects, prizes and scholarships. The University is a member of the influential ‘Group of Eight’ (Go8) which comprises Australia’s eight leading research-intensive universities.
Frontier was selected by the University for a range of reasons including the firm’s market leading reputation, an unconflicted advice model and Adelaide based staff.
“Frontier offers leading capability across the critical areas we need to consider in the stewardship of the University’s endowment funds. They have excellent knowledge of the university sector, a strong performance record and, as somewhat of an added bonus, their team will be led by a University Alumna”, said The University of Adelaide Acting Chief Operating Officer, Peter Prest.
The University of Adelaide is the fifth Australian university to appoint Frontier as its independent asset adviser, including fellow Go8 members, Monash University and the University of NSW. Frontier also works with Deakin University and the University of Tasmania.
CEO of Frontier Advisors, Andrew Polson, is delighted with the announcement. “It’s a tremendous privilege to work with the University to ensure the endowment fund can continue to financially support the progress of its students and strong commitment to research excellence.
“We’ve a growing client base in South Australia now, supported by our locally-based Senior Consultant Claire Casucci, so we’re excited to add The University of Adelaide to our stable of local clients and further our contribution to South Australia.”