M&A

Macquarie will retain its Australian public investments arm, while partnering with Nomura on alternative fund distribution in the US.

Apollo is the latest manager to join the GP consolidation trend, adding the core-focused Argo to its value-add platform.

Aware Super senior portfolio manager Maria Donnelly walks us through portfolio company Vocus’ A$5.25bn bolt-on fibre acquisition.

With infra outperforming practically every other private asset class, and a difficult macro environment persisting, the M&A activity seen in the last two years is probably just the beginning.

The proposed merger of IFM Investors and ISPT is the latest in a string of examples of GPs seeking to combine infra and real estate strategies.

The Australian superfund-owned managers would combine infra and property expertise, but stakeholders say they have distinct governance arrangements that will be hard to reconcile.

Brookfield and EIG’s take-private bid, hot on the heels of AGL Energy’s failed demerger, could point the way for energy transition.

AGL Energy’s decision to scrap its planned demerger could mean the end of its recently announced A$2bn energy transition partnership with GIP, which was subject to the completion of the demerger.

Third-party investors buying GP stakes is a fairly new phenomenon in infrastructure, and it is picking up steam. But what does it mean for LPs and competition?

The infrastructure investment firm is the latest in a series of its kind to sell an ownership stake to infra-hungry asset managers.