Apostle Funds Management has appointed former Platinum head Jeff Peters as its new chief executive.
Peters will join the firm in August replacing Mitchell Gunman who departed the firm in January 2026.
He was previously chief executive and managing director of Platinum Asset Management from December 2023 until its merger with L1 Capital last October when he was replaced by Julian Russell. Prior to joining Platinum, he held senior leadership roles at Columbia Threadneedle and Putnam Investments, both in the US, and ran the asset management practice at McKinsey & Co.
His US experience will be beneficial as Apostle recently partnered with US quant fund manager Qtron which followed a partnership with US investment manager CastleKnight in June 2025.
As Apostle CEO, Peters will lead the day-to-day management of Apostle, working closely with the board, clients and investment partners to execute the firm’s long-term strategy, strengthen its organisational capability and support the continued development of its investment offering.
He succeeds Gunman who departed after eight years with chief operating officer Adam Camillo having managed the firm in the interim.
Apostle executive chair, Karyn West, said: “Apostle has continued to strengthen its investment offering through new investment partnerships and Jeff’s appointment builds on that momentum, reflecting our commitment to ensuring the business has the leadership breadth and experience to support its long-term strategy.
“He brings an exceptional depth of global asset management experience, having successfully led investment organisations through periods of growth, transformation and industry change. His knowledge, commercial judgement and client-first approach make him ideally placed to lead Apostle into its next phase.
“Our focus remains on delivering outstanding outcomes for our clients while maintaining the disciplined, partnership-driven approach that has underpinned Apostle for more than 18 years.”
Peters added: “Apostle has built a strong reputation for identifying high-quality global investment partners and delivering differentiated investment solutions to institutional and wholesale investors across Australia and New Zealand.
“As investor needs continue to evolve, Apostle is well positioned to connect investors with specialist global investment capabilities through its disciplined, partnership-led approach. I look forward to working alongside Karyn, the board and the broader team to build on those strengths, deepen relationships with our clients and investment partners, and continue delivering long-term value.”
Founded in 2008, Apostle currently has $6.7 billion in funds under management in its current fund range as well as eight funds from its partners across property equity, credit, equities, venture capital and infrastructure.