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IFM targets private equity with new director


IFM targets private equity with new director
Jun 1, 2021 – 12.00am
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New IFM Investors board director Theresa Whitmarsh says the $160 billion Australian superannuation fund-owned investment manager is looking to expand its private equity book as it entrenches its foothold in the North America.
New IFM board director Theresa Whitmarsh. 
Ms Whitmarsh joins the board of IFM as she prepares to depart the Washington State Investment Board, the $US165 billion pension fund she has served for the past two decades, as the Australian asset manager grapples with a growing foothold in the US infrastructure market and as its client base shifts to North America. ....

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Planning Board approves UPS distribution center


Hudson Reporter
Planning Board approves UPS distribution center
Thousands of jobs expected
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The Bayonne Planning Board approved an application by Lincoln Equities Group to construct a United Parcel Service (UPS) distribution center and an unaffiliated warehouse in Bayonne.
The project is estimated to create more than a thousand jobs.
The former Military Ocean Terminal at Bayonne (MOTBY) was transferred to the city in 1999 and under the Davis Administration has seen a flurry of development, including residential and commercial sites such as COSTCO, Starbucks, and Lidl.
Lincoln Equities acquired the site in 2018, which consists of approximately 153 waterfront acres with direct access to Global Container Terminals and the NJ Turnpike. ....

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