Private equity companies chase slice of Australia’s $2.5-trillion pensions

Q: How long will it take to read this news story?

The story "Private equity companies chase slice of Australia’s $2.5-trillion pensions" has 829 words across 35 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Private equity companies chase slice of Australia’s $2.5-trillion pensions" was covered 12 hours ago by Business Mirror, a news publisher based in Philippines.

Q: How trustworthy is 'Business Mirror' news outlet?

Business Mirror is a fully independent (privately-owned) news outlet established in 2005 that covers mostly business and startups news. The outlet is headquartered in Philippines and publishes an average of 41 news stories per day. It's most recent story was published 12 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25043452</li><li>URL: https://beamstart.com/news/private-equity-companies-chase-slice-1736525426622</li></ul>

Business Mirror Logo Business Mirror 12h ago

Private equity companies chase slice of Australia’s $2.5-trillion pensions - Business Mirror

Quick Summary:

A 33-year-old piece of legislation in Australia is helping to spark fresh interest from private equity firms including KKR & Co.and Bain Capital as they seek to tap into one of the world’s fastest-growing money management industries.

Perpetual rejected a takeover offer from Australian investment house Washington H.Soul Pattinson & Co.before it struck the carve out arrangement with KKR.

That exceeded the A$4 a share offer from Bain Capital, which Insignia rejected last month.