NZ Super Fund sells assets from three private equity investments for undisclosed price

NZ Super Fund sells assets from three private equity investments for undisclosed price
Fiona Rotherham
By Fiona Rotherham April 19 (BusinessDesk) - The New Zealand Superannuation Fund has sold its investments in three offshore private equity funds with the price paid and the name of the buyer kept confidential, though the funds were collectively valued at $101 million in its 2015 annual report. The three funds are Hellman & Friedman VII which invested in media, financial services, professional services, and software and information services in developed markets, JMI Equity Fund VII which invested in predominantly US-based companies in the...