AustralianSuper takes hit on restructuring of U.S. software firm ...

Aug 26, 2024 · AustralianSuper, the country’s largest super fund, has written down its investment in U.S. education software firm Pluralsight after private credit lenders agreed to take …

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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 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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AustralianSuper ‘strongly Committed’ To Private Equity Despite …

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Aug 28, 2024 · Pluralsight, which was once said to be worth US$5 billion, is now valued at just US$900 million. Speaking to InvestorDaily after The Australian Financial Review broke the …

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

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Oct 29, 2024 · AustralianSuper had exposure to Pluralsight’s equity and debt, and the loss highlighted the risks in private assets, of which super funds have amassed a $650 billion …

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

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AustralianSuper's reported loss of $1.1b in a private equity play has created echoes of APRA's review of super funds holdings in Canva. ... pressure to examine AustralianSuper’s reported …

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AusSuper, Hostplus VC Conviction Holding Up Amid Tech Selloff

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Nov 2, 2022 · AustralianSuper is holding $13.8 billion in the sector, amounting to five per cent of assets under management with a target to increase to seven per cent. ... Mega fund …

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AustralianSuper $2.2b US Data Centre Play - Financial Newswire

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AustralianSuper said its global real assets portfolio now totals nearly $60 billion, and includes digital infrastructure assets across Australia, EMEA and South America. It noted that In 2023, …

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AustralianSuper Agrees To Invest $2.2 Billion In US Company …

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AustralianSuper has agreed to invest $2.2 billion in US company DataBank, a leading data center platform providing enterprise-class edge colocation, interconnection, and managed services. …

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AustralianSuper’s $1.1b Hit A Warning About Perils Of Private Capital

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Aug 26, 2024 · Chanticleer. AustralianSuper’s $1.1b hit a warning about perils of private capital. The country’s biggest super fund has had an expensive front-row seat to a story that should …

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AustralianSuper Has A $1 Trillion Problem. It’s Working Backward To ...

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Dec 6, 2024 · Chanticleer. AusSuper has a $1 trillion problem. It’s working backwards to solve it. While the Australian super system deals with its first real crisis, AustralianSuper’s Paul …

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FAQs about AustralianSuper takes hit on restructuring of U.S. software firm ... Coupon?

Why did AustralianSuper write down its investment in Pluralsight?

AustralianSuper, the country’s largest superannuation fund, has written down its investment in U.S. education software firm Pluralsight after private credit lenders agreed to take ownership of the company. ...

Does AustralianSuper own Pluralsight?

AustralianSuper, the country’s largest pension, has written down its investment in US education software firm Pluralsight Inc. after private credit lenders agreed to take ownership of the company. AustralianSuper is an investor in Vista Equity Partners, which bought Pluralsight three years ago, according to the pension’s latest disclosures. ...

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 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. ...

Should AustralianSuper be worried about Pluralsight?

Concern around AustralianSuper’s exposure to Pluralsight comes barely a year after APRA conducted a review of superannuation funds which were identified as holding the private equity technology company, Canva. ...

Who is AustralianSuper?

AustralianSuper is an investor in Vista Equity Partners, which bought Pluralsight three years ago, according to the pension’s latest disclosures. Vista and its co-investors are losing around $4 billion on their original equity investment, Bloomberg News reported last week. Have a confidential tip for our reporters? Get in Touch ...