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Geoff Lloyd to lead Perpetual wealth spin-off acquired by Bain
Former Perpetual CEO Geoff Lloyd will become executive chair of the storied fund manager's wealth arm after its $550 million acquisition by Bain Capital. Lloyd, who also chairs Professional Planner publisher Conexus Financial, says Bain will be a custodian and steward of the business, with work underway to make it financially viable as a standalone firm.
Chris DastoorMarch 16, 2026
