| Top Australian superannuation funds, led by sovereign wealth vehicle the Future Fund, are again pushing into international markets with strategies drawing them into new countries and asset classes not available locally. The local funds are driving into fresh areas with debt house Quadrant Real Estate Advisors scooping up $500 million for investment in Britain and Ireland and the Future Fund backing a venture investing in European real estate firms.
The $117 billion Future Fund has invested in ICAMAP Investors, a private equity fund that has €500m ($725m) of committed capital to invest in small and medium-sized real estate companies across Europe. The business was set up by a trio of real estate professionals including former Unibail Rodamco chief executive Guillaume Poitrinal...............................................Full Article: Source
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