AustralianSuper takes billion-dollar hit on investment in Pluralsight ...

Aug 25, 2024 · AustralianSuper, the country’s largest superannuation fund, has been forced to write off more than $1.1 billion in equity and loans tied to an American online education start …

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AustralianSuper Takes Billion-dollar Hit On Investment In Pluralsight ...

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Aug 25, 2024 · AustralianSuper, the country’s largest superannuation fund, has been forced to write off more than $1.1 billion in equity and loans tied to an American online education start …

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AustralianSuper ‘strongly Committed’ To Private Equity Despite …

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Aug 28, 2024 · Despite a $1.1 billion hit, ... AustralianSuper has written off a $1.1 billion investment in Pluralsight, after the latter entered a restructure. The fund invested in the US …

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AustralianSuper Takes Monster Hit On Pluralsight

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Aug 27, 2024 · AustralianSuper has written off its $1.1 billion investment in online education firm Pluralsight, following the company's restructuring. The superannuation giant invested in …

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‘It Burns’: AusSuper CIO Tormented By $1.1b Private Equity Fail

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Oct 29, 2024 · Mark Delaney, the chief investment officer of $341 billion superannuation giant AustralianSuper, says he is still smarting over $1.1 billion of capital lost on a soured …

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AustralianSuper’s Billion-Dollar Setback In Venture Capital Venture

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Aug 26, 2024 · AustralianSuper, the country’s largest superannuation fund, has taken a significant hit on its investment in American online education start-up Pluralsight, losing over $1.1 billion …

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AustralianSuper’s $1.1b Pluralsight Loss Echoes APRA On Canva

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The Australian Prudential Regulation Authority (APRA) is facing political pressure to examine AustralianSuper’s reported loss of $1.1 billion as a result of its co-investment in education …

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Lessons From AustralianSuper's $1.1 Billion Write-off On Ausbiz

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Key points: AustralianSuper's $1.1 billion write-off with Pluralsight Different risk profiles between Australian and U.S. private credit markets. Importance of thorough investor education and …

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Side Letter: Pluralsight’s PE/PD Implications

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Aug 27, 2024 · Superannuation giant AustralianSuper is among those to have taken a hit, writing off more than A$1.1 billion ($746 million; €668 million) in equity and loans tied to the company, …

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Pluralsight’s Massive Loss Exposes Flaws In Private Credit Ratings

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Dec 15, 2024 · AustralianSuper’s recent $1.1 billion loss on its investment in US-based Pluralsight highlights the risks associated with “low-risk” private credit and exposes broader issues with …

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Industry Superannuation Funds – Illiquid Assets & Risky …

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Sep 19, 2024 · AustralianSuper takes billion-dollar hit on a failed venture capital investment. AustralianSuper’s $4.5 billion-plus private credit portfolio is heavily exposed to the commercial …

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Saudi PIF, Australia Super Funds Among Investors That Lost Money …

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Aug 29, 2024 · The nation’s no. 2 super fund, which manages more than A$300 billion ($204 billion) of assets, wrote off its A$75 million investment in Pluralsight earlier this year, an ART …

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FAQs about AustralianSuper takes billion-dollar hit on investment in Pluralsight ... Coupon?

Did AustralianSuper write off a $1.1 billion investment in Pluralsight?

AustralianSuper has written off a $1.1 billion investment in Pluralsight, after the latter entered a restructure. The fund invested in the US-based education software back in 2021 via private equity firm Vista Equity Partners, in which it is an investor, as well as acting as a co-underwriter in the take-private deal worth some U$S3.5 billion. ...

Why did AustralianSuper write off Pluralsight?

he said. AustralianSuper has written off its $1.1 billion investment in online education firm Pluralsight, following the company's restructuring. ...

Did AustralianSuper invest in Pluralsight?

According to reports on AustralianSuper’s investment in Pluralsight it was undertaken alongside PE manager, Vista Equity partners. ...

Is AustralianSuper a bad investment?

AustralianSuper, the country’s largest superannuation fund, has been forced to write off more than $1.1 billion in equity and loans tied to an American online education start-up, marking it as its single worst investment in venture capital. ...

Is Australia's largest Super fund'strongly committed' to private equity?

Despite a $1.1 billion hit, Australia's largest super fund says it remains “strongly committed” to private equity. AustralianSuper has written off a $1.1 billion investment in Pluralsight, after the latter entered a restructure. ...

Is a $1.1 billion write-down too big for AustralianSuper?

Robert Schnittger. Photo: Tim Baker Mega fund AustralianSuper said it is still feeling the pain from its very public loss in US software company Pluralsight and even with $341 billion assets under management, a $1.1 billion write-down is still too big a chunk of money to let go easily. ...