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Poynton and Partners on the ball

BOUTIQUE investment advisory firm Poynton and Partners has expanded again, adding the services of former Claremont footballer Brian Beresford.

Poynton and Partners operates from offices in Perth and Sydney and serves clients which include several of the top 30 Australian companies, measured by market capitalisation.

Mr Beresford joins the Perth-based firm from Singapore, where he was chief commercial officer for Advent Television, which specialised in the area of digital broadcasting.

Previous to that he completed a Masters of Finance at the London Business School after working in the UK in Arthur Andersen’s Strategy, Finance and Economics Group for four and half years.

Before his move to the UK he was a commercial lawyer with Clayton Utz.

Mr Beresford said the time had come to return to Perth, particularly following the hectic travel required working for Advent.

He was involved in Advent’s move into the US, Europe and South America, helping the group raise finance and develop its business in these new areas.

“I wanted to get established here, rather than leading a nomadic lifestyle,” he said.

Mr Beresford was appointed a manager at Poynton and Partners last week where he will focus on corporate finance.

Mr Beresford joins Poynton and Partners six months after the founders sold the advisory firm to South Africa’s AST Group for at least $34 million.

As a wholly-owned subsidiary of AST Group, the local company continues to be managed by the original partnership group including chairman John Poynton and managing director Mark Barnaba.

It is understood the final value of the deal will be determined by performance targets reached over the next few years.

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