AustralianSuper to enter European mid-market corporate lending

The $239bn retirement fund aims to pick GPs to invest in the asset class this year or early next, according to investment director Laurine Amiel.

Australia’s biggest retirement fund is in the process of choosing asset managers to invest into European mid-market corporate lending as part of a strategy to expand and diversify its international investment portfolio.

This is line with AustralianSuper’s target to deploy €500 million to €1 billion into European assets this year and build up its presence in London, where the A$367 billion ($239.4