AvSuper is in the process of awarding two $20 million investment mandates to managers for its growth alternatives portfolio, Financial Standard reports. The fund is mandating Coller Capital and Siguler Guff to contribute to private equity secondaries and distressed debt, respectively.
In July, AvSuper awarded a $20 million mandate to syndicated loans fund manager Bentham Asset Management for the same portfolio, now worth $60 million. Separately, Scott Malpass has been appointed as investment officer, analyzing and monitoring the funds investment portfolio and working with the investment committee, custodian and managers. Most recently, he was with Military Super’s investment and operations team.
Click here for the story from Financial Standard.
