AustralianSuper ratchets up US expansion moves

Australia's principal pension fund is expanding its presence in New York. (Image: NYC and Company)

Fri, 04 Oct 2024

By Rod JamesAustralianSuper, one of the fastest-growing pension plans in the world, has moved a pair of top executives to New York and made several senior US hires as it aims to become a major private-markets investor in North America.The roughly US$228 billion (NZ$267b) pension, Australia’s largest so-called superannuation fund, has moved former head of European private credit Mikael Limpalaer from London as head of the Americas, and head of private credit Nick Ward has relocated from the pension’s headquarters in Melbourne. S...

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