Tharshini Ashokan

The firm, now known as PrivateMarketsCo, is set to sell its A$7bn infrastructure debt arm to Ares Management which attempted a takeover bid for AMP Capital earlier this year.

A CEO for the new unit is being sought, as parent AMP Ltd says the demerger and ASX listing would ‘unlock further value’ in AMP Capital’s infra and real estate businesses.