Key Takeaways
- • Qualitas appointed Berrick Wilson as Co-Head of Real Estate Equity, Australia (August 2024), bringing 30+ years of real estate expertise including development management, asset management, and investment advisory from his previous role as Partner at KordaMentha's real estate business.
- • Anthony Perry appointed Head of Origination for Queensland (November 2025) with 20+ years in institutional property finance and $3 billion lending book management experience, positioning Qualitas to capitalize on Queensland's 19% of the firm's invested FUM exposure and strong market fundamentals.
- • Qualitas strengthened distribution and corporate functions with the appointment of Kathleen Tepana (Director of Marketing and Direct Sales) and Belinda White (Director of External Affairs), supporting the firm's next phase of growth in listed investment product marketing and brand development.
- • Strategic positioning around market dislocation: Management explicitly cited expected ongoing market asset value recalibration as generating significant investment opportunity for tactical and opportunistic equity strategies, where new senior hires will drive investor outcomes.
Summary
Qualitas Limited (ASX: QAL), an Australian alternative real estate investment manager, executed a multi-layered leadership expansion spanning direct real estate investment, regional market origination, and distribution capabilities throughout 2024–2025. The appointments reflect the firm's strategic positioning to capitalize on both macroeconomic headwinds creating tactical opportunities and structural growth in key Australian markets.
Most significantly, Berrick Wilson joined as Co-Head of Real Estate Equity, Australia in August 2024, serving alongside Henry Vuu and leading the Tactical Opportunities equity investment strategy. Wilson's 30-year track record includes foundational experience at KordaMentha's real estate business, which he co-founded, with particular expertise in complex transaction structuring, development management, and asset management. Mark Fischer, Global Head of Real Estate and Co-Founder, noted that Wilson's skillset directly targets anticipated investment opportunities arising from "ongoing market dislocation and asset value recalibration" within Qualitas' tactical and opportunistic equity strategies.
Building on this, Qualitas appointed Anthony Perry as Head of Origination for Queensland in November 2025, recognizing the state's growing significance to the firm's portfolio—Queensland represents 19% of invested FUM exposure. Perry brings 20+ years in institutional property finance, including 11 years managing approximately $3 billion in lending at a major Australian bank's Institutional Property Group. His appointment aligns with Queensland's demonstrated market fundamentals: sustained population growth, major infrastructure investment, and increasing offshore capital interest in development opportunities.
On the distribution and corporate governance front, Kathleen Tepana and Belinda White joined as Director of Marketing and Direct Sales and Director of External Affairs, respectively. Tepana previously held a senior marketing role at Pinnacle Investment Management developing strategies for listed investment vehicles, while White brings 17 years of financial services communications experience and recent tenure at Yellow Brick Road. Group Managing Director Andrew Schwartz characterized these hires as investment in "senior resources" supporting "the next phase of growth," specifically targeting retail investor education in the listed investment vehicle space and building institutional brand positioning within fund management.
Most significantly, Berrick Wilson joined as Co-Head of Real Estate Equity, Australia in August 2024, serving alongside Henry Vuu and leading the Tactical Opportunities equity investment strategy. Wilson's 30-year track record includes foundational experience at KordaMentha's real estate business, which he co-founded, with particular expertise in complex transaction structuring, development management, and asset management. Mark Fischer, Global Head of Real Estate and Co-Founder, noted that Wilson's skillset directly targets anticipated investment opportunities arising from "ongoing market dislocation and asset value recalibration" within Qualitas' tactical and opportunistic equity strategies.
Building on this, Qualitas appointed Anthony Perry as Head of Origination for Queensland in November 2025, recognizing the state's growing significance to the firm's portfolio—Queensland represents 19% of invested FUM exposure. Perry brings 20+ years in institutional property finance, including 11 years managing approximately $3 billion in lending at a major Australian bank's Institutional Property Group. His appointment aligns with Queensland's demonstrated market fundamentals: sustained population growth, major infrastructure investment, and increasing offshore capital interest in development opportunities.
On the distribution and corporate governance front, Kathleen Tepana and Belinda White joined as Director of Marketing and Direct Sales and Director of External Affairs, respectively. Tepana previously held a senior marketing role at Pinnacle Investment Management developing strategies for listed investment vehicles, while White brings 17 years of financial services communications experience and recent tenure at Yellow Brick Road. Group Managing Director Andrew Schwartz characterized these hires as investment in "senior resources" supporting "the next phase of growth," specifically targeting retail investor education in the listed investment vehicle space and building institutional brand positioning within fund management.
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