AustralianSuper Boosts Private Equity With Four New Deals Coming

AustralianSuper is increasing its allocation to unlisted assets as the country’s biggest pension fund works to finalize four private equity deals by the end of the year, according to the firm’s investment chief.

“We are looking to put on four new private equity managers over this calendar year period and it looks like that is well in train,” Mark Delaneysaid in an interview on Thursday. “The team know these managers from working previously with them and they have really good long-term track records in straight-down-the-line, conventional, private equity.”

Delaney didn’t specify details of the arrangements or names of the ...