Rest names interim private markets head

Australian superannuation fund, Rest, has looked internally to appoint an Interim Head of Private Markets, with Marina Pasika elevated into the role as the fund continues its recruitment search for a permanent team leader.

Pasika’s appointment comes as Simon Esposito stepped down from the role more than one week ago to join private equity firm, CVC Capital Partners.

Pasika, who first joined Rest in 2020, will take on the extended responsibilities in addition to her current role leading the fund’s Growth Alternatives team.

She brings more than 15 years of investment experience and expertise across private equity and alternatives, including previous roles at the Future Fund and Goldman Sachs.

“Congratulations to Marina on her appointment as Interim Head of Private Markets,” Michael Clancy, Rest’s Chief Investment Officer, said.

“She brings great leadership skills and deep experience, and I’m really pleased that she is stepping into the role in support of our more than 2 million members.”