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Brisbane, Queensland
The Brisbane-headquartered fund manager has acquired Sea Swift for a little under A$300 million in a move that diversifies away from core infrastructure in its Global Infrastructure Fund.
The acquisition of KRIL expands the Dubai-based port operator’s logistics footprint and the joint venture’s portfolio.
Asset manager Long-Term Asset Partners is led by directors with extensive infra and logistics experience, which suggests the acquisition is being viewed as an infrastructure play.
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