Flexstone, Hostplus Initiate U.S. Private Equity Program
Posted on 03/22/2019
Australia-based superannuation fund Hostplus appointed Flexstone Partners to run a U.S. private equity emerging managers program. Flexstone Partners is owned by Natixis Investment Managers. The emerging managers program will see Flexstone Partners invest over the next three years in the first, second or third funds of U.S. middle-market private equity managers on behalf of the industry superannuation fund.
Hostplus is the industry superannuation fund for those who live and love Australian hospitality, tourism, recreation, and sport.
Flexstone Partners was formed in 2005 and is the combined entity of Caspian Private Equity, Euro-Private Equity France, Euro-Private Equity Swiss, and Eagle Asia Partners.