Australia Pension Eyes Private US Assets Before NYC Meetings

One of Australia’s biggest pension funds, Rest Super, is on the hunt for more private markets investments in the US, underscoring the strong appetite from the country’s fast-growing A$4.5 trillion ($3.2 trillion) sector that’s on a roadshow across three American cities.

“The US continues to be a very exciting investment destination,” Rest Super Chief Investment Officer Michael Clancy said in an interview from New York. “It’s where a lot of innovation takes place.”