Australia’s largest pension fund wants to put more money into private-market investments and will further boost its exposure to overseas assets.
“Now is a better time to put money into private markets than two or three years ago, when valuations were more expensive and deals were quite scarce,”
“The inability for a lot of US pension plans to recycle capital has meant that private deal opportunities are increasing because they are not competing as heavily as what they were previously,” he said.
Delaney said the A$315 ...