27.07.2012 - SWF seeks infra co-investors
Morrison & Co, a specialist investment management firm based in New Zealand and Australia, is seeking to raise up to $1 billion for a private equity fund that will seek low-risk infrastructure projects globally. One of its clients is the NZ$17.7 billion ($13.9 billion) New Zealand Superannuation Fund, the country’s sovereign wealth investor. Since 2006, Morrison has managed a long-term discretionary global infrastructure investment mandate. This is conducted primarily through Infratil, Morrison’s closed-end fund, listed dually on the New Zealand and Australian stock exchanges...............................................Full Article: Source
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