cities

Investment Strategy

Balmain Funds seek $500 million from super

“Balmain boys don’t cry,” former New South Wales Premier Neville Wran once famously remarked. Commercial real-estate-debt manager Balmain Funds, which started in the inner-west Sydney suburb in 1979, is not tearfully pleading for $500 million from superannuation funds. Its planned five-year closed-end fund will lend money to industrial, retail and commercial property investor and developers […]