Australia

Diana Callebaut's departure comes a little over a week since the superannuation fund announced its CEO, David Atkin, would also be stepping down by mid-2020.

The investors call for the Australian Energy Market Commissioner to pay greater heed to quantitative analysis when making its decision.

Andrew Jennings, who worked on energy and utilities deals for QIC, joins as a senior director with KKR, where he will help source investment opportunities and manage portfolio assets.

The fund manager will focus on the Windlab acquisition before turning to fundraising for a new vehicle, the Sustainable Australia Real Assets Fund.

In the midst of a company-wide rebranding, First Sentier Investors’ Niall Mills discusses European fundraising, US expansion and tightening regulation.

The firm booked a £66m write-down on its Australian renewable energy assets last year due to changes in marginal loss factors and halted new investment, but is now considering exiting the sector altogether.

Having raised $1bn more for GIF II than its predecessor, AMP Capital will seek to acquire 100% of assets when investing its latest fund, a spokeswoman for the Australian fund manager said.

Monopoly ownership came under fire for perceived abuses of power, especially in Australia and the UK.

The Dalrymple Bay Coal Terminal in Queensland is likely to be valued at significantly more than A$2bn, with public market investors particularly interested in backing a regulated, defensive asset, sources say.

First State Super CEO Deanne Stewart will continue as chief executive of the merged entity, which the two funds said would provide access to more investment opportunities and reduce costs.