Private markets specialist Quentin Ayers has been appointed by Media Super to advise on selecting private equity managers in Australia and overseas, I&T News reports. At present, nearly 6 percent of Media Super’s assets are invested in private equity funds of funds. The portfolio of private equity investments will be created within three years. Almost half of the fund’s current private equity commitments are invested domestically and the remainder overseas. Media Super’s primary adviser Frontier Investment Consulting will determine the amount of the fund’s assets to be allocated to private equity.
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