Sydney-based alternative investment manager and financier Alceon has created a new head of wholesale capital role for Aidan McCluskey (pictured left) and promoted Omar Khan (pictured right) to head of institutional and international capital.
The firm manages more than $5 billion across various asset classes. Its team of more than 120 investment professionals works across real estate, private equity, credit, and special situations. Both executives report to head of funds management Grant Atchison, and each of the firm’s main capital channels now has its own leader.
The split is simple: domestic wholesale investors and advisers go to McCluskey, and institutional and offshore money goes to Khan.
McCluskey joins from outside the business, having previously held senior roles at Pantheon and MA Financial. He has more than a decade of capital raising and distribution experience. He will run the domestic distribution team, covering financial advisers, family offices, asset consultants, researchers, platforms, and high-net-worth investors across Australia.
Khan has spent more than five years in Alceon’s distribution team. He will now be the main contact for institutional clients, investors, and partners across Asia Pacific and the Middle East, although the firm invests only in Australia and New Zealand.
“Both Omar and Aidan bring impressive commercial acumen and an innate ability to establish and build trusted relationships,” chief executive David Gribble said.
Earlier this year, Michael Dowsett joined the wholesale capital division as associate director, alongside Guy Silbert in Melbourne.
Gribble became chief executive in 2025 after a career that included partnership at Goldman Sachs Asset Management. He linked the changes to investor appetite for private markets.
“Demand for high-quality private market opportunities continues to grow both domestically and overseas,” he said.
He added that dedicated senior leaders would give partners and investors “more tailored solutions and a streamlined pathway to investment opportunities or capital.”
Private market growth is drawing closer regulatory scrutiny. In June 2026, the Australian Securities and Investments Commission (ASIC) said the private credit market was moving from rapid growth into a more demanding phase. It confirmed that poor private credit practices remain a 2026 enforcement priority.
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