Daniel Kemp
Blackstone will make its investment in the data center business from four separate strategies – real estate, infrastructure, tactical opportunities and private equity.
The Australian superfund-owned managers would combine infra and property expertise, but stakeholders say they have distinct governance arrangements that will be hard to reconcile.
The sale, following the disposal of its Australian infra business to Dexus, will end AMP’s involvement in private markets funds management.
Ares and AMP Ltd will form a JV covering AMP Capital’s private markets businesses, including real estate and infrastructure, with Ares assuming control.
The country's successful response to covid-19 might offer it a competitive edge over the UK and US once life normalizes.
Seven mega-funds with AUM of A$150bn-A$200bn could result from the current wave of mergers. Managers will welcome the resultant internationalization, downward pressure on fees and bigger private capital allocations
Heavyweight Australian investors back a new workplace diversity initiative as LPs admit the issue is a factor in their investment decision-making.
International Property Funds Management has been backed by 27 Australian funds aiming to mitigate compressing domestic property yields by jointly pursuing international investments, starting with European gateway cities.