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LGIAsuper hires new CIO from Equip Super

A$13bn LGIAsuper has tapped Troy Rieck to take over as new CIO, leaving the same role at Melbourne-based Equip Super.

PSP terminates strategic agreement with Blue Sky

The Canadian pension and the Brisbane-based fund manager have agreed to end their strategic partnership, covering some A$200m of assets.

Exclusive: NZ Super Fund considering first investments in US agriculture

New Zealand’s sovereign wealth fund is aiming to increase its ag weighting to 3% of its assets and is increasingly looking offshore to achieve this, following its first move into Australia in 2017.

PSP purchases Australian vineyard through Blue Sky partnership

The Canadian pension made the investment through its strategic tie-up with the embattled fund manager, securing the asset from a Singaporean vendor on a sale-and-leaseback deal.

‘IFM for agriculture’ talks delayed to 2019

High-level discussions have taken place among industry super-funds to establish a new collective vehicle for ag investment, but the Royal Commission has drawn resources away.
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PSP joint venture buys Australian farms from Webster in $133m deal

The Canadian pension also becomes Webster’s largest shareholder as part of the transaction, acquiring a 19.15% stake in the company.

American pensions back Laguna Bay’s eight-farm dairy deal in Tasmania

The firm's debut ag fund encountered few hurdles when bringing in foreign money but its CEO says fresh regulation could now make such transactions more difficult.

Australian industry superfunds: ‘We will create a collective vehicle for ag’

Supers will create an equivalent of IFM for agriculture sometime ‘in the next few years,' Industry Super Australia’s chief economist told the Australia Forum in Melbourne.

First State Super CEO: Blue Sky investments have ‘outperformed expectations’

The Australian superfunds’ retiring CEO has said it is ‘comfortable and satisfied’ with its investments with the troubled asset manager.

Australian parliament launches inquiry into superfund ag investment

The agriculture committee will try to pin down what is holding back the country's superfunds from investment in the sector.
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