Nest completes 10% investment in IFM holding company
IFM Investors →IFM confirmed on 13 May 2025 that its strategic partnership with Nest had been finalised. Nest became the firm's first overseas owner through a 10% stake in IFM's holding company, joining 15 Australian superannuation fund owners. The agreements supported IFM's expansion into investment opportunities and markets globally and facilitated Nest's access to private markets across multiple asset classes. Nest aimed to invest £5 billion through IFM by 2030 and the partners intended to develop additional investment strategies for Nest's more than 13 million members. The £5 billion figure is a future investment ambition rather than the consideration paid for the ownership stake or a disclosed commitment to one named fund. The announcement does not disclose the stake's purchase price.