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A local bid for Australia’s largest natural gas pipeline company would face fewer regulatory hurdles than the current $9.8bn offer from Hong Kong’s CK Infrastructure. But the size of the equity cheque required is proving daunting for local investors and GPs.
A Cbus-First State Super partnership will take on a MIRA-Sunsuper bid for the state’s land title business.
Australia’s sovereign wealth fund creates five new roles, split by asset class, after head of property exits.
The Australian superfund will be more flexible as it looks to increase its exposure to infrastructure assets from 3 percent currently.
Deanne Stewart, current CEO of Metlife’s Australian business, will take over in November after Michael Dwyer retires.
Scott Lawrence, who has been with the Canadian pension since 2005 and helped launch its infrastructure platform, will replace Cressida Hogg.
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