Track recorded fund announcements, transactions, leadership appointments and strategic developments from DataBane's published research.
AustralianSuper announced a further A$500 million investment in India's National Investment and Infrastructure Fund, taking overall India allocations across asset classes to A$3.3 billion.
ART announced investment supporting additional social and affordable housing in Queensland, including 92 new homes in Brisbane.
ART agreed to acquire a 19.9% stake in Westfield Sydney for A$864 million.
ART invested in the A$1.7 billion LIV Mirvac Fund, representing its first direct investment into the domestic build-to-rent sector.
AustralianSuper completed its first acquisition for its new UK Living Platform, acquiring six student housing assets with 1,616 beds across six UK cities.
PEP Secure Assets Fund I announced an agreement to sell all of its own Zenith Energy shares to KKR on 18 June 2025. This does not mean PEP owned 100% of Zenith: it invested alongside OPTrust and Foresight in August 2020, and KKR’s separate announcement stated that founder and management shareholders would retain a minority holding. Zenith supplies hybrid energy to remote resources customers and urban microgrids. PEP described expansion into solar, battery and wind technologies during its ownership and approximately 15 sites under long-term contracts. KKR reported over 710MW of contracted capacity and investment through Asia Pacific Infrastructure Investors II. Completion was expected in late 2025 subject to approvals; an exact exit date and consideration were not established by these announcements.
An entity owned by funds managed or advised by Pacific Equity Partners signed an agreement on 4 December 2024 to acquire SG Fleet through a public-to-private transaction. PEP reported enterprise value of A$1.4 billion and confirmed completion on 30 April 2025 in its announcement dated 1 May. SG Fleet supplies mobility, vehicle fleet management and leasing services in Australia, New Zealand and the United Kingdom. Its offering includes corporate fleet arrangements and employee novated leases. Founded in 2004, the business managed more than 277,000 vehicles at acquisition. PEP identified organic growth and further acquisitions as priorities with management. The firm described this as its funds’ tenth public-to-private transaction in the Australia and New Zealand market.
Pacific Equity Partners agreed to acquire SingPost’s Australian logistics business in a sale announced on 2 December 2024. The disclosed enterprise value was A$1.02 billion, approximately S$897.6 million at announcement, with anticipated cash consideration of A$775.9 million, approximately S$682.81 million, subject to adjustments. SingPost confirmed completion on 27 March 2025, retaining the A$1.02 billion enterprise value and reporting gross proceeds of about A$781.5 million, or S$664.2 million. FMH subsequently identified PEP as majority shareholder alongside private investors Damian Degenhardt and Paul Little. The group includes efm Logistics, Flip, Border Express and other transport businesses. PEP’s backing supports proprietary technology investment, business development and strategic acquisitions. Paul Little became chair while Simon Slagter continued as chief executive.
