Future Fund to Award A$ 500 Million High-Yield Mandate

Posted on 08/08/2014


Australia’s Future Fund is reportedly allocating an additional A$ 500 million (US$ 463 million) to Sankaty Advisors LLC to invest in high-yield debt. Sankaty Advisors, the credit arm of Bain Capital LLC, is already a manager of the Future Fund’s high-yield debt strategy. In 2012, the Future Fund’s director of debt investments, Mitchell Stack, landed […]

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