Colonial First State invests A$370 million in Morrison’s global infrastructure strategy
Colonial First State (CFS) committed A$370 million ($263 million) to Morrison’s Value Add Infrastructure II strategy (MVA II), a global mid-market infrastructure fund targeting digital infrastructure, energy transition, transport, and logistics. The investment provides CFS exposure to Morrison’s diversified pipeline across North America, Europe, and Asia Pacific, leveraging the firm’s sector expertise and operational platform. Capital deployed under MVA II includes two investments: Polaris, Morrison’s Asia Pacific cold-storage platform, and Fillex, a U.S.-based pharmacy logistics platform. CFS’s allocation spans both a fund commitment and discretionary co-investments, aligning with long-term structural growth themes. Morrison’s strategy emphasizes defensive characteristics and mid-market value-add opportunities in core infrastructure sectors. The partnership underscores CFS’s expansion into global private markets infrastructure investing.
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