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INVESTMENT COMMITTEE

In exercising its responsibilities as operator of the Surf Life Saving Rescue Fund and Trustee of the Foundation Perpetuity Trust, the Surf Life Saving Foundation has a strong focus on governance. The Foundation Board has established an independent Investment Committee whose role is to provide oversight and strategic advice on the effective investment of the Fund. The Investment Committee meets regularly and reviews the effectiveness of the Fund’s investment performance, market risks and opportunities, and advises on investment policy.

Ed Prendergast, Investment Committee Member

Ed Prendergast - Chairman

BEcon, GradDipAppFin

Ed Prendergast is Co-manager of the Pengana Emerging Companies Fund which he established with Steve Black in 2004. He was previously a Director at Citigroup, and Head of the Small Companies research team. In total, Ed spent 10 years researching small companies for stockbrokers – primarily at Citigroup and ABN Amro, and was top-ranked by BRW in 2003 and 2004. Ed has a Bachelor of Economics from La Trobe University and a Graduate Diploma in Applied Finance (SIA).

Darrin Bragg, Surf Life Saving Foundation Investment Committee Membe

Darrin Bragg

Darrin has been part of the surf lifesaving movement since he joined as a nipper more than 42 years ago. Having spent most of his life in North Queensland, the respected Townsville-based accountant has been a member of the Townsville Picnic Bay Surf Life Saving Club for more than 20 years. He is now their President.  Prior to that, Darrin had held positions as Treasurer and Club Captain with both the Mackay and Townsville Picnic Bay Surf Life Saving Clubs. Darrin is a Life Member of both Surf Life Saving Queensland and the North Barrier Surf Life Saving Branches. He has also previously served as a Board Member for Surf Life Saving Queensland.  Darrin is the Chairman of The Surf Life Saving Foundation Board and also a Director of Surf Life Saving Australia.

Richard Balderstone, Investment Committee Member

Richard Balderstone

Richard Balderstone has worked in the financial and investment markets for 40 years. He was a founding partner and director of JCP Investment Partners.  Previously, Richard was a Director of ABN AMRO (and BZW).  Richard is a Trustee/Director of several charitable organisations including the Baker Foundation and the Olivia Newton-John Cancer Research Institute.  He was a Director of the Australian Rail Track Corporation and a Trustee Director of the Commonwealth Public Service Superannuation Schemes (CSS/PSS) between 1998 and 2004.