Australian pension fund Aware Super is launching an office in London as part of its plans to expand its global footprint.
The office is expected to open by the end of 2023 and will focus on investing in property, infrastructure, and private equity.
Aware Super is one of Australia’s largest pension funds, with over A$155 billion in assets under management.
The fund has been expanding its international presence in recent years, and the London office is the latest step in this strategy.
The London office will be headed by Damien Webb, who is currently the Deputy Chief Investment Officer and Head of International at Aware Super.
Webb will relocate to London in October to oversee the launch of the office.The office is expected to have a team of 14 by the end of 2023.
The team will be responsible for sourcing and managing investments in property, infrastructure, and private equity.
Aware Super is targeting a number of sectors in the UK, including residential property, logistics, and renewable energy.
The fund is also interested in investing in private equity funds.
The launch of the London office is a significant move by Aware Super.
It is a sign of the fund’s commitment to expanding its global presence and investing in the UK.Here are some of the reasons why Aware Super is opening an office in London:
- London is a major financial center with a deep pool of talent.
- The UK is a stable and mature market with a strong legal system.
- The UK has a favorable tax regime for pension funds.
- The UK is a gateway to Europe, which is a large and growing market.
