Australian superannuation fund Christian Super has invested EUR15 million (US$16.47 million) in the European Diversified Infrastructure Fund (EDIF III) managed by First State Investments (First State).
EDIF III seeks to invest in a portfolio of established infrastructure assets. The focus is on Europe and the energy, transportation, and supply sectors.
The Fund targets a total commitment of EUR3.5 million (US$3.87 million).