By browsing this site you accept cookies used to improve and personalise our services and marketing. Read our updated privacy policy for more about how we use your data.


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.

Martin Walsh, Surf Life Saving Foundation Investment Committee Membe

Martin Walsh


Martin Walsh is the Chairman of The Surf Life Saving Foundation and an Independent Director of Surf Life Saving Australia Limited. He is a member of Lorne SLSC and Life Member of Life Saving Victoria. He is also a previous Director of LSV. Professionally, Martin is a Non-Executive Director and Consultant. Previously a Partner of Deloitte and Ernst & Young, he is a currently a Director of Hastings Funds Management Limited, the IOOF Superannuation entities, and the Royal Australian College of General Practitioners. He is a Fellow of the Institute of Chartered Accountants, a Fellow of the Governance Institute, and a Graduate Member of the Institute of Company Directors.

Ed Prendergast, Investment Committee Member

Ed Prendergast

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).

Richard Balderstone, Investment Committee Member

Richard Balderstone

Richard has worked in the financial and investment markets for 35 years. He was a founding partner and director of JCP Investment Partners, a specialist investment management organisation with over $6 billion in funds under management. Previously, Richard was a Director of ABN AMRO (and BZW) for over 10 years. 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. Richard is a Trustee/Director of several charitable organisations including the Baker Foundation, Olivia Newton-John Cancer Research Institute and the Lord Mayor’s Charitable Foundation.