Investment Committee Opportunity

ACNC registered charity, VAC/GMHC Ltd is seeking to appoint a suitably-qualified person to its Investment Committee.

Nearly 40 years ago, the Victorian AIDS Council (VAC) grew out of and worked closely with those communities most affected by HIV in Victoria. It became an incorporated association and shortly after, established the Gay Men’s Community Health Centre, later registered as the Gay Men’s Health Centre Inc. (GMHC). The two associations worked together under the co-governance of a single Board of Directors (the Board) whose members were elected by the membership of each of the two organisations.

The organisations have recently transitioned into companies limited by guarantee – VAC/GMHC Ltd and its operational subsidiary company, Thorne Harbour Health Ltd. The NFP companies remain community member controlled and governed organisations. Whilst maintaining a steadfast resolve to address HIV and to provide care and support for people living with HIV, the remit of the organisations today has expanded to improve the health outcomes of all sex, sexuality and gender diverse people ensuring that they live with dignity, with equal rights, and participate fully in our society.

Our work is progressed by being a well-governed and financially secure organisation achieved by diversifying our sources of revenue and by taking advice on opportunities and risks with a view to securing a sustainable future and one which provides the capacity to be innovative in-service provision.

In 2017, the Board established an Investments Fund which is administered in accordance with the Investment Policy. The policy provides for an Investments Committee to manage the investment decisions of the Fund on behalf of the Board, including sourcing and making suitable investments, keeping the portfolio of the Fund under review and making full or partial realisation of, or exit from investments. The committee is assisted by an external Investment Fund Manager and meets every three calendar months.

A vacancy on the committee has arisen and VAC/GMHC Ltd is now seeking to appoint an independent member to the Investment Committee for a term of two years. A modest per diem will be paid for meeting attendance. The Board is inviting expressions of interest from appropriately qualified and experienced persons who share the ethos and values of the organisation. Expressions of interest should be forwarded to adam.ryley@thorneharbour.org by 5.00pm on Friday, 24 January 2025