Our Executive Team

Mr Learmonth has more than 30 years’ experience as a financier and investor, having worked in Australia, Asia and Europe across asset finance, clean energy and major infrastructure projects, as well as pioneering Australian social impact investing.

Prior to his appointment as CEO for the CEFC, Mr Learmonth established Social Ventures Australia’s Impact Investing business, which included raising venture capital and affordable housing funds as well as launching Australia’s first Social Impact Bond in 2013. 

Previously an Executive Director of Macquarie Group for 12 years, Mr Learmonth has extensive global investment banking experience establishing various Macquarie businesses, notably European renewable energy and carbon credit investing as well as cross-border asset and structured finance and securitisation in Asia and Europe.

Mr Learmonth has degrees in Law and Commerce from the University of Queensland. He is a director of venture capital firm Virescent Ventures and has been a long-standing director of Sydney’s Belvoir Street theatre company.

Ms Leong has responsibility for the management of the diverse CEFC portfolio of debt, equity, fund and early-stage/venture capital investments, as well as oversight of the organisation’s environmental, social and governance function.

Ms Leong has extensive experience in infrastructure, project and structured finance and asset, portfolio and funds management.

Prior to joining the CEFC, Ms Leong worked at Deutsche Bank, Macquarie Group and ANZ Bank, in Australia and the UK and held non-executive directorships for portfolio companies in the utilities and infrastructure sectors. 

Ms Leong has a Master of Laws (Corporate and Commercial) from the University of NSW, a Bachelor of Laws (First Class Honours) and a Bachelor of Business (Finance) from the University of Technology, Sydney. She is a Graduate Member of the Australian Institute of Company Directors.

Mr Lonergan leads the CEFC team responsible for the origination and execution of investments in infrastructure and alternatives, which includes the new $500 million Powering Australia Technology Fund. Mr Lonergan works on direct investment opportunities as well as on indirect investments via third-party fund managers across multiple sectors, including property, infrastructure, natural capital, private equity and early-stage investments.

Mr Lonergan has more than 30 years’ experience in the equity investment and wider funds management sectors, having worked at PwC, Zurich Capital Markets and Challenger Limited, where he was Head of Transaction Structuring. He has originated and structured investments in both private and public vehicles both in Australia and offshore, across all asset classes, including infrastructure, property, fixed income and renewables. In his 10 years at the CEFC, he has led the development of the CEFC Infrastructure, Natural Capital, Impact Capital and Private Equity platforms.

Mr Lonergan is a Fellow of the Institute of Chartered Accountants in Ireland and a Graduate Member of the Australian Institute of Company Directors. Mr Lonergan was appointed to the Executive Team on 16 January 2023.