Karen May is a Manager in the Credit Team at the Future Fund, where she oversees both liquid and private credit markets. Since joining the Future Fund in 2016, Karen May has been instrumental in managing credit strategies that align with the fund’s long-term objectives.

Before her tenure at the Future Fund, Karen May gained extensive experience in bank risk and capital management at ANZ Banking Group, where she developed a deep understanding of financial risk frameworks and regulatory compliance.

Stefano Spillo is an Investment Risk Manager at Nikko Asset Management, where he analyzes and monitors fund risk and performance. Prior to this role, he worked at IHS Markit as a Valuations Analyst, specializing in the valuation of OTC derivatives.

He holds an MSc in Finance from the London School of Economics and an MBA in Finance from Hitotsubashi University.