Big Law

Hostplus merges with Statewide Super

Hostplus has merged with an Adelaide-based fund, resulting in the superannuation giant managing $82 billion in funds.

May 12, 2022 • By Lauren Croft

Share this article on:

Facebook X LinkedIn

Firm: Holding Redlich (Hostplus)

This content is available exclusively to Lawyers Weekly premium members.

INDIVIDUAL

Yearly

$ 49.00

per year

SUBSCRIBE NOW

INDIVIDUAL

Monthly

$ 5.00

per month

SUBSCRIBE NOW

Learn more about Premium Benefits and other offers

Username or Email

Password Forgot password?

Keep me signed in on this device.

Deal: Law firm Holding Redlich has advised super fund Hostplus on its $11 billion merger with Statewide Super.

Value: $11 billion.

Area: Finance

Key players: The Holding Redlich team was led by partner Luke Hooper.

Deal significance: The deal places Hostplus in the top five superannuation funds by membership and top 10 by funds under management – and will lead to a superannuation fund of approximately $82 billion.

Commenting on the deal, Mr Hooper said: “An incredible amount of work has gone into this merger, by multiple teams within each of Holding Redlich, Hostplus and Statewide. This has been an incredibly collaborative project, and a pleasure to work on. We thank our client, Hostplus, for its continuing support.”

VIEW ALL

Want to see more stories from trusted news sources?
Make Lawyers Weekly a preferred news source on Google.
Click here to add Lawyers Weekly as a preferred news source.

Lauren Croft

Author

Lauren is the commercial content writer within Momentum Media’s professional services suite, including Lawyers Weekly, Accountants Daily and HR Leader, focusing primarily on commercial and client content, features and ebooks. Prior to joining Lawyers Weekly, she worked as a trade journalist for media and travel industry publications. Born in England, Lauren enjoys trying new bars and restaurants, attending music festivals and travelling.

Know More

Tags