| The investment chief of Australia's sovereign wealth fund has told the local private equity industry he wants to allocate more capital to it but first needs to see better transparency on fees.
Future Fund chief investment officer Raphael Arndt said there had "never been a more important time" for long-term investors to have a meaningful exposure to private equity, as he called on the local industry to do more to make its fees and terms "world class". "The role of private equity, and in particular venture capital, in our portfolio is more important now than it has ever been." ..............................................Full Article: Source
|