Carmela Mendoza
Industry Super Australia’s chief economist Stephen Anthony speaks to Agri Investor about its latest discussion paper, ‘Driving Super Fund Investment in Agriculture’.
ADM Capital head of agriculture Jason Silm told delegates at our recent Australia Forum that US and Nordic pensions are leaving the super industry behind.
The manager expects its investment in one of Australia’s largest beef producers to serve as a platform for growth.
The Beijing-based firm will gain $730m from the sale.
Hong Kong-based Baring Private Equity Asia has sold its 40 percent stake in the company to US packaged goods company Post Holdings.
The firm will pick up PENM Partners’ $100m stake in Masan Group and invest an additional $150m in the company’s meat platform, according to sister publication Private Equity International.
Local government ministries in the country are setting up a fund that will back start-ups focused on the biotechnology sector.
A Bain & Co report attributes a rise in deal multiples to fierce competition and a limited supply of high-quality targets.
Private equity investors in the Asia-Pacific (APAC) region largely favour the North American market over Europe for its stronger economic fundamentals, sister publication Private Equity International reported.
Close to half of the investors in the Asia-Pacific region expect to increase their private equity holdings, while around a third of investors in Europe and the US are planning to increase their allocations to the asset class.