Street Talk

Sellside mandates fly at Brookfield’s $3b La Trobe auction

Sarah Thompson, Kanika Sood and Emma Rapaport

Jul 13, 2025 – 3.06pm

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One of the world’s most cashed-up private capital investors has set its sights on Brookfield’s La Trobe, in what is the largest financial services auction in the market today, retaining an investment bank to help ready an indicative offer.

New York-headquartered Warburg Pincus, manager of $US87 billion ($132 billion) globally across private equity, real estate and capital solutions strategies, has hired Goldman Sachs to advise on diligence and funding, people briefed on the matter, who were not authorised to speak publicly, told Street Talk.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.