A 2020 forecast for Australian super funds lifting their private equity investments from $80 billion to $185 billion 2025 is conservative judging by recent moves in the sector.
Australian Prudential Regulation Authority (APRA) shows $30 billion flowed into private equity in the year to December 2021 as equity market returns softened and fixed income returns stayed low.
The nation’s largest fund, with $260 billion under management, said this month it would invest $9.5 billion of that allocation into the United States, by 2024, with a mixture of both General Partner (GP) funds, alongside GPs in co-investment and co-underwriting opportunities overseen by a 20-strong PE team in its newly opened New York office.
Read more: Investment Magazine
