20.09.2016 - Future Fund, others buy Port of Melbourne
The Future Fund, Queensland Investment Corporation and one of China's biggest sovereign wealth funds have snapped up the Port of Melbourne for a whopping $9.7 billion. The Future Fund and QIC teamed up with international investment managers Global Infrastructure Partners and Canadian pension fund the Ontario Municipal Employees Retirement System (also known as OMERS) as part of its consortium. A fund managed by Global Infrastructure Partners will hold a 40 per cent stake in the port..............................................Full Article: Source
Print