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.