AMP goes with StepStone
AMP Capital Investors has given US-based private equity specialist StepStone Group LLC a mandate as its exclusive private equity adviser for its Future Directions Private Equity Fund.
The AMP Capital director of the Future Directions Funds, Sean Henaghan, said StepStone was recognised globally as a leading private equity adviser.
He said as AMP’s exclusive partner in Australia and New Zealand, the specialist would give AMP Capital preferred, global access to specialist investment partners, enabling it to accelerate delivery of private equity expertise for its investors.
Henaghan said StepStone, with AMP Capital, would identify strategies and geographies expected to outperform in the future and present comprehensive individual analysis to the fund’s investment committee.
AUTHOR
Mike Taylor
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