Queensland's State Investments looks to Australia's domestic market with $336 million private debt mandate
QIC seeks to capitalise on the strong performance of private debt in Australia and New Zealand on behalf of State Investments amid higher interest rates and inflationary pressure.
State Investments, which manages the long-term financial interests of the state of Queensland, has issued a A$500 million ($336.3 million) private debt mandate focused on the Australian market to QIC.
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