THE building industry super fund Cbus is looking to rapidly expand its investment team from 34 to 59 people, and it is looking to hire new people in Sydney and Melbourne.
Cbus executive manager investment strategy Kristian Fok said the new strategy will ensure that Cbus continues to deliver strong returns for its members as the fund is expected to grow from $34 billion to over $50 billion in the next three to five years.
“While retaining our current external managers, we’re focussing on the significant direct investment opportunities for Cbus in greenfield infrastructure and small to medium-size brownfield assets.
“Leveraging our unique value proposition gives us the ability to capture value at many points in greenfield developments through origination, execution and management of infrastructure investments,” Fok said.
Australian Property Journal