Why Australia’s MLC is betting big on emerging managers
Three-quarters of the asset manager's GP relationships were backed as first-time funds, head of Australia PE Rachael Lockyer tells PEI.
Three-quarters of the asset manager's GP relationships were backed as first-time funds, head of Australia PE Rachael Lockyer tells PEI.
BELLINGS Intelligence Score: 12
Why it matters
This is a routine asset management strategy update about MLC backing emerging managers, which is notable within its niche but does not materially affect credit markets or broader financial conditions.
Sources
Private Equity International
Why Australia’s MLC is betting big on emerging managers
Three-quarters of the asset manager's GP relationships were backed as first-time funds, head of Australia PE Rachael Lockyer tells PEI.