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QIC picks up controlling stake in NAPCO

The government-owned investment manager has bought a large stake in the 5.8m hectare cattle companies.

CalPERS makes first direct investment in US transport

IFM has sold a 10% stake in the Indiana toll road to the US pension and an undisclosed stake to Allstate.

Kenya pushes private equity

Local pension funds have been slow commit to the asset class after the introduction of new rules last year.
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