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Market Chatter: AustralianSuper to Double Asia Private Equity Allocation Over 3-5 Years

MT Newswires Live
Oct 06

AustralianSuper plans to almost double the share of Asia in its private equity portfolio from around 10% over the next three to five years, Bloomberg reported, citing Lilian Fang, head of private equity for Asia Pacific.

The A$430 billion Australian pension fund plans to increase private equity investments in India and Japan as deal activity improves, Fang reportedly told Bloomberg. AustralianSuper invested over A$3 billion across 26 private equity transactions in the fiscal year ended June 30, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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