Australia's First Super reviewing $75m PE programme, stalls new investments

Australia's First Super reviewing $75m PE programme, stalls new investments

Visual of Sydney Harbour. Credit: Flickr/Corey Leopold

Australian pension fund First Super has suspended any new private equity (PE) investment and is conducting a review of its AUS$100 million ($75 million) PE programme that invests in unlisted firms, amid concerns that some portfolio companies were involved in poor labour practices.

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