Morrison & Co launches US$3b global fund

Morrison & Co launches US$3b global fund
Chief executive Paul Newfield said the new fund will accelerate global expansion. (Image: supplied)
Jenny Ruth
HRL Morrison & Co said it has secured more than US$3 billion in funding commitments to establish a new, open-ended global infrastructure fund.The new fund, Morrison & Co Infrastructure Partnership (MCOIP) "is designed to provide investors with access to major global themes driving multi-decade growth opportunities, including the energy transition and decarbonisation, climate change and digitisation of the global economy", the infrastructure specialist said.Gordon Hay, who heads Morrison & Co's core infrastructure funds...

More Finance

Decision to cancel licence for crowdfunder Equitise ‘not taken lightly’ – FMA
Finance

Decision to cancel licence for crowdfunder Equitise ‘not taken lightly’ – FMA

Repeat offender Equitise facilitated two deals after it was deregistered last year.

Jem Traylen 17 Apr 2024
Central banks slowly winning war on inflation
Finance

Central banks slowly winning war on inflation

But policymakers remain wary of rising prices. 

Bloomberg 16 Apr 2024
Greenslade to step down as Heartland announces Aus leadership
Finance

Greenslade to step down as Heartland announces Aus leadership

Heartland expects to complete the Challenger Bank acquisition by April 30. 

Staff reporters 08 Apr 2024
Suncorp flicks Asteron Life for $410 million
Finance

Suncorp flicks Asteron Life for $410 million

The NZ insurer will continue to operate as a standalone brand.

Staff reporters 04 Apr 2024