Paul Yandall

While Australasian secondaries account for a fraction of the global market, domestic investors are gaining increasing confidence in the strategy amid several high profile deals.

The Australian fund of funds manager smashed the target for its latest fund that will focus on primary and secondaries investments in Australasia.

Nigel Gormly, head of international direct investment at the $19bn superannuation fund, tells Secondaries Investor why the institution is reducing its real estate investments.