Foundation fund

Fund managers rally for St Vincent’s Clinic Foundation

In Sydney, as in any civilized metropolis, its wealthy residents lean heavily on medical philanthropy.

This local scene has long coalesced around St Vincent’s Hospital, particularly the towering Garvan and Victor Chang Institutes.

A humble tentacle of the Darlinghurst mothership, the St Vincent’s Clinic Foundation, launched a new fundraising campaign at the Sydney Mint on Thursday evening.

It was an ideal opportunity for the new trustees of the foundation – including the property developer Michael Coombes and veteran fund Russell Aboud (also a doctor) – to demonstrate their rattling prowess.

There were rich picks from Sydney’s investment management collective: Perpetual’s Paul Skamvougeras and his pocket 2IC Anthony Aboud (Russell’s cousin), Collington Capital’s Simon MooreCapital of Carrara David SokulskyGlobal Infrastructure Partners Ari Drogalocal leader of BlackRock Andre LandmanNext Generation CEO Caroline GurneyRoc Partners’ Michael Lukin and Doug Tynan newcomer GCQ Funds.

The advertising sector was also well represented, with the head of Omnicom Pierre Horganpresident of the WPP Rose Herceg, former CEO of Enero Matt Melhuichnot to mention Seven West Media’s Chief Revenue Officer kurt “Alert” burnette and Nine publishing boss james chessel all present.

The St Vincent Clinic is modeled after the Mayo Clinic in Minnesota. The new trustees – additional firepower as the foundation seeks to swell its corpus to support $2 million in research grants per year – joined longtime SVCF trustees Packer Ros (whose generosity needs no further introduction), Suncorp’s marketing boss Mim HaysonDirector of Argo Investments Liz LevinCrestone partner Leigh Birtles (already the pride of Liechtenstein) and president of the St Vincent Clinic Gail Hambly.