UniSuper makes first direct European infra investment for $670m
The Australian superannuation fund moves beyond domestic infrastructure, showing private markets ambitions.
![UniSuper makes first direct European infra investment for $670m](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2Fshutterstock_490125538.jpg&c=1&h=677&q=100&v=20240901&w=1204)
UniSuper has taken a 5% indirect stake in mobile towers firm Vantage Towers in an A$1 billion ($670 million) deal
This acquisition, facilitated by alternative asset manager KKR, is UniSuper's first direct unlisted infrastructure investment in Europe and is indicative of an extended focus on private markets.
Sandra Lee, UniSuper
“This is a high-quality defensive infrastructure investment with strong fundamentals and growth prospects,” Sandra Lee, head of private markets a…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.