Australia’s largest pension fund eyes India, Japan for private equity

What happened: AustralianSuper plans to increase private equity investment in India and Japan as it expands across Asia, citing an improving dealmaking environment and favorable demographics. Key numbers: Asia is about 10% of its private equity portfolio and will likely double in three to five years. Why it matters: The push reflects Australian pension funds' growing appetite for private markets even as the regulator increases scrutiny of unlisted asset valuations. Fang cited Japanese corporate reforms and buyout opportunities, plus healthcare and AI themes in India and Southeast Asia.

AustralianSuper plans to increase private equity investment in India and Japan as it expands across Asia, citing an improving dealmaking environment and favorable demographics.

The push reflects Australian pension funds' growing appetite for private markets even as the regulator increases scrutiny of unlisted asset valuations. Fang cited Japanese corporate reforms and buyout opportunities, plus healthcare and AI themes in India and Southeast Asia.