Australia’s Queensland Investment Corp (QIC) has appointed David Spiez as multi-sector private debt director, a newly created position in which he will help beef up the company’s private debt investment capabilities.
Spiez, who is currently general manager of strategy and operations for private debt, will assume the new role in February 2023, QIC says in a statement on October 15.
According to Phil Miall, head of the multi-sector private team, Spiez has helped shape the team’s direction and strategy, including defining and launching multi-sector and infrastructure debt capabilities, since joining QIC in July last year.
“His appointment will allow us to capitalise on the range of attractive investment opportunities available in the Australian and New Zealand private debt space,” Miall says in the statement.
Brisbane-based QIC, the investment arm of the Queensland state government, had A$98.7 billion (US$61.48 billion) of assets under management as of June 2022.