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AustralianSuper allocates $2.3b to private credit fund

Sharon Klyne

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Australia’s largest superannuation fund is increasing exposure to the fast-growing private credit market to boost returns amid shrinking bank balance sheets and tightening regulation.

AustralianSuper, which manages more than $300 billion of assets, has increased an investment mandate with private credit specialist Churchill Asset Management to $US1.5 billion ($2.3 billion) from $US250 million.

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    Original URL: https://www.afr.com/markets/debt-markets/australiansuper-allocates-2-3b-to-private-credit-fund-20231213-p5er91