Top Pensions in $3.2 Trillion Australian System Aim to Bet on US

The top funds from Australia’s booming A$4.5 trillion ($3.2 trillion) pension industry said they’re eager to back US infrastructure projects and met with Apollo Global Management Inc. President Jim Zelter as well as executives from KKR & Co. and Goldman Sachs Group Inc. in New York this week.

The US remains enticing to investors because it’s accessible, liquid and offers exposure to “the most fantastic companies,” Mark Delaney, chief investment officer of A$410 billion AustralianSuper, the nation’s biggest pension fund, said at an event Friday.