Aware Super announced at the Global Investment Summit that it will direct a A$10 billion (£5.25 billion/€6.0 billion/$6.6 billion) investment commitment in the United Kingdom and Europe through its newly established London office.
With A$160 billion (£83.2 billion/€96.6 billion/$106 billion) of assets under management, Aware Super has ambitions to grow to A$250 billion (£130 billion/€151 billion/$165 billion) of assets under management, with international expansion into the United Kingdom a key strategy aimed at achieving that goal. Currently, the fund has A$17 billion (£8.84 billion/€10.3 billion/$11.2 billion) invested in the United Kingdom and Europe.
The fund officially opened its first international office in London this week.
It aims to initially focus its further direct investments from its new U.K. headquarters in real estate, infrastructure and private equity, with an emphasis on the energy transition sector, affordable housing, innovation,