Hostplus merges with Intrust Super Fund

07 December 2021 By Lauren Croft
Hostplus merges with Intrust Super Fund

Hostplus, advised by Holding Redlich, and Intrust Super Fund have officially merged, creating a superannuation giant in a deal worth $3 billion.

Firm: Holding Redlich (Hostplus).

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Deal: Holding Redlich has advised superannuation company Hostplus on its $3 billion merger with Intrust Super Fund.

Value: $3 billion.

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Area: M&A.

Key players: The Holding Redlich team was led by partner Luke Hooper, who specialises in corporate and commercial law, superannuation, funds management and financial services.

Deal significance: As part of the acquisition, Hostplus will absorb InTrust Super’s members, employer clients and funds under management – including over 90,000 members, 25,000 employer clients, and $3 billion in funds under management.

Commenting on the deal, Mr Hooper said that “it was a privilege to act on behalf of Host-Plus on this transaction in a matter that involved a large team of superannuation, corporate/commercial and associated practice groups to help the parties reach this objective.”

Hostplus merges with Intrust Super Fund
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