Media Super has appointed private markets specialist Quentin Ayers to advise on choosing private equity managers in Australia and abroad, Pensions & Investments reports. Some 50 percent of Media Super’s existing private equity commitments are invested domestically and the remaining overseas.
About 6 percent of the Melbourne-based super fund’s $2.8 billion in assets are currently invested in private equity funds of funds. It will not withdraw these investments as it invests with individual managers.
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