Industry Funds Management (IFM) will partner with the Asset Management Council (AM Council) to deliver superior risk management and business outcomes for its clients.
The partnership will promote a sophisticated and comprehensive approach to asset management, drawing on the experience, expertise and offering of each organisation.
As the largest infrastructure investor in Australia, and one of the largest globally, IFM brings a unique understanding of the long term, sustainable management of infrastructure assets drawing on its 17 year investment track record.
IFM’s Investment Director, Infrastructure, Danny Elia will join the AM Council board. Mr Elia has responsibility for IFM’s asset management strategy across its 26 global infrastructure assets.
“Best practice asset management is an absolute priority for IFM, which is why this partnership makes sense,” Mr Elia said.
Kyle Mangini, Global Head of Infrastructure, leads IFM’s global Infrastructure team.
“IFM aims to generate excellent long-term returns through efficient and effective management of infrastructure. This partnership reconfirms our commitment to that that process,” Mr Mangini said.
The partnership agreement with AM Council will run for five years.
IFM invests in core infrastructure assets for leading pension and other long term institutional investors in Australia, North America and Europe.
-ENDS-
For further information, please contact:
Phil Davey
0414 867 188
About IFM
IFM is a global investment manager with clients and teams in three of the largest pension markets in the world. Headquartered in Melbourne, Australia, with offices in Sydney, London and New York, IFM manages over $35 billion across four asset classes – infrastructure, private equity, debt investments and listed equity portfolios. IFM invests on behalf of institutional investors and is owned by 32 major not-for-profit Australian superannuation funds. IFM is actively committed to the United Nations Principles for Responsible Investment (UNPRI) and has been a signatory since 2008.
About the Asset Management Council
The Asset Management Council is a non-profit, member network committed to advancing asset management knowledge and capability of members and the broader community. As an independent professional body, the Asset Management Council unites professionals and organisations from asset intensive industries to work together and enhance Australia’s international competitiveness. Courses, Asset Management Body of Knowledge, Technical Papers, Forums, Business Directory and Events are among the services provided. The Asset Management Council is a Technical Society of Engineers Australia and a founding member of the Global Forum on Maintenance and Asset Management.