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Koda Capital announces new partners

Non-aligned advice firm Koda has announced two new advisers have joined the partnership, both specialising in philanthropic and not-for-profit clients.

Former JB Were advisers David Knowles and Chris Wilson have joined former JB Were CEO Paul Heath at the recently-launched boutique, according to a statement from Koda.

Mr Heath described the new partners as “two of Australia’s top non-profit and philanthropic advisers”.

“David and Chris are leaders in this specialist field, attracting more than $1 billion in funds under management and advice over the last three years while at JB Were.

“Philanthropic and non-profit advice is one of the core pillars of Koda’s independent, fee-for-service offering and we have started with the best in the field,” Mr Heath said.

Commenting on the move, Mr Knowles said the ability to provide their niche advice services in an “independent environment” was a top factor in the decision to join Koda.

“Charities, government, corporates and individuals have struggled to solve social problems in isolation, and they now must look to find new ways of working together in order to achieve successful outcomes," he said.

“We are beginning to see these kinds of collaborations in the emerging field of impact investing,” Mr Knowles added.