| China’s mammoth sovereign wealth fund, CIC, and South Korea’s National Pension Service have emerged as secondary investors in the $9.7 billion Port of Melbourne sale, underscoring the weight of international demand for top-tier Australian infrastructure despite mounting anti-foreign investment curbs from the federal government.
The two Asian funds backed Global Infrastructure Partners’ $2.24bn equity commitment to the record-breaking privatisation, with the multinational private equity firm that specialises in infrastructure ranking as one of the biggest contributors to the winning consortium..............................................Full Article: Source
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