Perpetual’s trustee heritage, size and financial strength makes it the ideal ‘trusted intermediary’ for clients requiring a range of agency and escrow services.
For clients seeking a partner to act as escrow, facility or paying agent, Perpetual provides the reassurance of a long history, process efficiency and industry expertise.
Scale and strength
Trusted and independent
Perpetual acts as an independent party, holding assets on trust for the benefit of all parties in an escrow arrangement. These services extend to:
- Mergers and acquisitions
- Project financing
- Private equity
- Capital market transactions
- Liquidations and workouts
- Court case settlements
- Intellectual property transactions
- Listed and unlisted securities
As Facility Agent, Perpetual acts on behalf of the lenders in debt financing transactions.
This service may include:
- Performing calculations in accordance with the transaction documents
- Seeking instructions from the lenders
- Arranging meetings of the lenders and instructing the security trustee in accordance with the lender’s directions
As Paying Agent, Perpetual maintains bank accounts on behalf of the lenders (or other parties) in accordance with the transaction documents. This role may be in conjunction with our role as Facility Agent or as a separate role.
Richard McCarthy is General Manager, Sales and Product and is responsible for growing Perpetual Corporate Trust’s business through new product initiatives, sales and marketing.
Richard has over 18 years’ experience in providing trustee, custody and administration services to the debt capital markets and funds management industry.
Richard joined Perpetual Corporate Trust in August 2007 and has worked across its trust and fund services businesses.
For the twelve months prior to joining Perpetual in August 2007, Richard was the Head of Relationship Management at BNY Mellon’s Corporate Trust Division in Sydney and was an integral part of the transition of JPMorgan Sydney's corporate trust business to The Bank of New York in 2006.
Prior to this, Richard spent eight years in JPMorgan's (Chemical and Chase Manhattan Bank) Institutional Trust Services business in London before moving to JPMorgan Sydney in August 2003 to integrate the business acquisition of Guardian Trust. Richard was a Responsible Officer and his integration role included Business Development, Relationship Management, Risk, Compliance, Operations and Analytics.
Kevin Hill is a Senior Sales and Relationship Manager in the Perpetual Corporate Trust team. Kevin is responsible for business development and relationship management focussed on the debt capital markets and data services.
Kevin has built strong relationships and accumulated many years of experience working in sales and relationship management roles for financial institutions in Australia.
Prior to joining Perpetual, Kevin managed ADI relationships at FIIG Securities, government clients at NSW Treasury Corporation and wholesale corporate and institutional clients at Societe Generale, Goldman Sachs, JB Were and the Commonwealth Bank.
A long term resident of Singapore and with experience across a variety of Asian markets, Graham has the responsibility for business development and relationship management throughout Asia. With over 30 years in investment management, he has a deep and broad knowledge of the investment landscape across multiple asset classes. Graham maintains key relationships with a large variety of consultants, advisors and intermediaries which are invaluable to clients in both the establishment and ongoing servicing of their funds.
Graham has recently practised as a private consultant within the Asia Real Estate Fund Management industry. Previously he held senior positions with AMP Capital and Macquarie Bank across Australia, South Korea, Malaysia and Singapore, and has served as an independent director on listed and unlisted property funds which have focussed on cross border investments.Graham is a professional member of the Royal Institution of Chartered Surveyors, and the Australian Property Institute, a personal member of the Singapore Institute of Directors, and a Graduate Member of the Australian Institute of Company Directors.
Greg White is Sales and Relationship Manager and is responsible for business development and relationship management primarily within the debt capital markets.
Greg has deep expertise and relationships in this segment having worked with Perpetual Corporate Trust for over 14 years in the Corporate & Structured Finance team, Transaction Management and most recently in the Sales & Product team as Product Manager, overseeing new markets and product development.
Prior to working at Perpetual Greg worked at ANZ Institutional Bank in relationship management and credit analysis, Bendigo Bank and Monte Dei Paschi Di Siena (Italian Merchant Bank).
Greg has over 21 years’ experience in the banking and financial services sector.