The Australian Prudential Regulation Authority (“APRA”) today announced it has accepted an enforceable undertaking from former Trio Capital Limited (“Trio”) director David O’Bryen. Trio was formerly the licensed trustee of five registered superannuation entities as well as the responsible entity of a managed investment scheme known as the Astarra Strategic Fund, a fund of hedge funds. Mr O’Bryen is the fifth Trio director to give an enforceable undertaking to APRA arising out of APRA’s investigation into the collapse of Trio.