He succeeds longtime leader Richard Spurio on July 1
Sydney office head Marc Kemp has been announced as the new managing partner at global firm Allens.
Kemp officially takes the mantle from longtime leader Richard Spurio on July 1. Kemp is on the executive leadership team and has spent nearly 20 years with the firm.
The investment funds lawyer leads Allens’ funds, superannuation, financial services practice, making partner in 2012. He has worked with Australian and offshore sponsors, as well as institutional investors.
Kemp has tackled issues involving funds, platforms, and investments, including the Australian regulatory framework under which these operate. He guided Sunsuper as it merged with QSuper to birth Australian Retirement Trust, valued at AU$200 billion.
He helped BlackRock GIP to launch GIP Australia Funds I and II; he also assisted on several investments by GIP- and BlackRock-managed funds. He has also advised Charter Hall, GPT, Macquarie Asset Management, MLC, Ontario Teachers Pension Plan, Oxford Properties, Quinbrook, Stonepeak and Warburg Pincus.
Allens chair Chelsey Drake praised Kemp’s knowledge of the business, client focus, and vision.
“Building on a strong foundation, Marc is exceptionally well‑placed to guide the firm in a rapidly evolving legal and business environment,” Drake said in a statement.
Drake also lauded the contributions of Kemp’s predecessor Spurio, who was at Allens’ helm for over 10 years.
“His leadership, steady judgment and commitment to our people and clients have shaped the strong position the firm holds today, and we are deeply grateful for his energy, work and drive over that time,” Drake said.
Spurio confirmed he would be collaborating with Kemp on the leadership transition.
“'It has been an enormous privilege to have led this great firm and I am Iooking forward to working with Marc through the transition. His commitment, focus and ambition for the firm will be key drivers for our ongoing success,” Spurio said.
