Monday, October 21, 2024

Driving Australian Infrastructure: Domestic SWFs Spend US$1.1bn+ on Toll Roads (GlobalSWF)

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Two Australian sovereign wealth funds – Future Fund and QIC – have teamed up to buy the EastLink toll road network from their New Zealand counterpart NZSuper and Teachers Insurance and Annuity Association of America.United Behind Victorian Toll Road SystemEastLink holds a 19.8% stake in Connect East Group, owner of…

Two Australian sovereign wealth funds – Future Fund and QIC – have teamed up to buy the EastLink toll road network from their New Zealand counterpart NZSuper and Teachers Insurance and Annuity Association of America.United Behind Victorian Toll Road SystemEastLink holds a 19.8% stake in Connect East Group, owner of…

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