FirstSuper related stories
All articles and analysis
Australia's IFM Investors to wind down A$1bn private equity unitIFM will exit its remaining portfolio companies within the next five years, after failing to scale its PE strategy sufficiently despite strong recent returns.
Side Letter: The dreaded 'E' wordNot every manager appears to share the belief that exits will recover in the near term. Plus: The Mastercard Foundation has become the industry's newest secondaries buyer; and a Maryland pension giant is concerned about the climate. Here's today's brief, for our valued subscribers only.
Side Letter: PE's branding bother; Investcorp's Japan entry; Apex's ESG platformPE's inroads to the individual investor community may be hindered by a lack of brand recognition. Plus: Investcorp has set up shop in Japan; and the ESG benchmarking challenge just got a little easier. Here’s today's brief, for our valued subscribers only.
Side Letter: Bain, ICG and First Super on PE's image; inside PAI's giant ice cream dealWhat two top execs think about PE's public image and some more troubling press. Plus: whether LPs really use all that data and insight into the developing world of single asset secondaries. Here’s today's brief, for our valued subscribers only.
Fund finance, allocation issues and a not-so-retiring rapperA look back at highlights from PEI’s Friday Letters tells you everything you need to know about the last 12 months in private equity.
Super responsibleFirst Super’s private equity review seems dramatic; it may not be.
- FirstSuper puts PE investments on hold
The Australian superannuation fund stops making new PE investments.
- Australia’s First Super suspends PE investments
The Melbourne-based fund will also conduct a review of its A$100m private equity programme following a labour practices scandal concerning some portfolio companies.
- TPG buys Chinese media company from Fox
The global private equity firm will invest about $214m in Phoenix Satellite Television, owned by a subsidiary of Rupert Murdoch’s 21st Century Fox Entertainment.
- TPG buys Chinese media company
The global private equity firm has invested about $213m in Phoenix Satellite Television, owned by a subsidiary of Rupert Murdoch’s 21st Century Fox Entertainment.