Fresh from proposing to develop & fund Auckland’s light rail line from downtown to the airport, the NZ Super Fund has added another expansion capital investment to its $38 billion portfolio, investing $US65 million in cloud-based US waste & recycling technology company Rubicon Global Holdings LLC.
Transport Minister Phil Twyford & Finance Minister Grant Robertson announced on Wednesday that Cabinet had agreed to launch a procurement process for the Auckland rapid transit light rail network.
The NZ Superannuation Fund has agreed the sale of its investments in 5 offshore private equity real estate funds to investment funds advised by affiliates of Partners Group AG.
Mint gets Super Fund mandate – 2 steps towards DJs’ Wellington opening
Infratil Ltd and the NZ Superannuation Fund have entered into another 50:50 joint venture, this one to buy Australia’s largest privately owned retirement village owner & operator, RetireAustralia.
The Guardians of NZ Superannuation issued 3 short discussion papers today from internal workshops on diversification, the advantages of being a long-term investor and investment manager skill.