Mirvac director Elana Rubin joins advisory board of Alan Schwartz's Qualitas property investment firm

Elana Rubin, the outgoing chair of AustralianSuper and a non-executive director at Mirvac, has joined the advisory board of private real estate investment firm Qualitas, founded by Alan and Carol Schwartz. 

Rubin is one of the most high-profile female directors in Australia with board positions at NAB, PPB Advisory and SecondBite.

Her appointment at Qualitas was revealed by the Australian Financial Review.

She is also a member of the Climate Change Authority and an advisory board member at Evans & Partners

In March she announced her intention to step down as chair of AustralianSuper, one of Australia’s biggest superfunds with $60 billion in assets and over two million members.

She is also a former director at unlisted property fund manager Industry Super Property Trust (ISPT).

She was appointed to the board of Mirvac in November 2010.

Qualitas was founded by prominent businessman and philanthropists Alan Schwartz and his wife Carol, together with managing director Andrew Schwartz (not related).

David Krasnostein is chairman of the advisory board.

Andrew Schwartz is the former head of Australasian real estate at Babcock & Brown while Krasnostein recently retired as the former CEO of MLC Private Equity.

Qualitas focuses on direct investment in all real estate classes and geographies, acquisitions and restructuring of distressed debt, third party capital raisings and consulting services.