SWF seeks infra co-investors

Morrison & Co, a specialist investment management firm based in New Zealand and Australia, is seeking to raise up to $1 billion for a private equity fund that will seek low-risk infrastructure projects globally. This represents a new type of business for Morrison, which has $5 billion of capital deployed among a range of listed, unlisted vehicles and direct mandates in infrastructure, property, venture capital, agriculture and developmental capital. One of its clients is the NZ$17…