Hostplus merges with Statewide Super

11 May 2022 By Lauren Croft
Hostplus merges with Statewide Super

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

Firm: Holding Redlich (Hostplus)

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

Value: $11 billion.

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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.”

Hostplus merges with Statewide Super
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