Daniel Kemp

Institutional clients will receive ‘tens of millions’ of dollars as the majority of the fund manager’s investments meet or outperform objectives.

The Sydney-based fund manager has appointed Plenary Group’s Daniel Pilbrow as it seeks to capitalise on opportunities in the healthcare sector resulting from demographic changes.

The consortium led by the toll-road operator – including Australian Super, CPPIB and Tawreed – beat competition from an IFM-led team, as Transurban gains control of 16 of the country’s 20 toll roads.

The ACCC gives the green light to a consortium led by the toll road operator acquiring a 51% stake in Sydney Motorway Corporation, but the listed firm will have to publish data from existing concessions to level the playing field.

The Aussie superfund’s solo bid beat a joint offer from MIRA and Sunsuper, with Cbus dropping out of the process.

The airport will realise ‘significant’ cost savings from the deal, taking 95,000 MWh annually from Crudine Ridge Wind Farm, approximately 25% of the facility’s output.

The project in Victoria has a long-term PPA agreement in place with Origin Energy and is expected to appeal to mid-market renewables investors.

Now the initiative has ended, with most of the available assets in private hands, Daniel Kemp looks at the risks of taking such large businesses private.

The government could also support new coal-fired power stations as PM Malcom Turnbull gives in to pressure from MPs within his own party.

The Australian government’s flagship policy still faces a battle to secure support in Parliament, as well as from wavering state governments.