Lonsdale Consortium acquires 50 year lease of Port of Melbourne

On September 19, 2016, The Lonsdale Consortium, comprising the Future Fund, QIC, Global Infrastructure Partners (GIP) and OMERS, was named by the Victorian Government as the successful acquirer of a 50-year lease of the Port of Melbourne, Australia's leading trade gateway. As part of its successful bid, the Lonsdale Consortium will invest substantial capital to expand the existing capacity of the port to service the freight needs of the State for 50 years.

Port of Melbourne is Australia's largest container and multi cargo port, visited by more than 3,000 ships each year.
Global Infrastructure Partners (GIP) is a leading global infrastructure investment manager that invests in infrastructure assets and businesses in both OECD and select emerging market countries.

Future Fund is Australia's Sovereign Wealth Fund. As at 30 June 2016 the value of the Future Fund was A$122.79 billion.

QIC is one of the largest institutional investment managers in Australia. As at 30 June 2016 it had over A$75 billion in funds under management, offering infrastructure, real estate, private equity, liquid strategies and multi-asset investment services.

OMERS Private Markets (Borealis Infrastructure and OMERS Private Equity) invests globally in infrastructure and private equity assets on behalf of the OMERS pension plan. OMERS is one of Canada's largest defined benefit pension plans, with more than C$77 billion in net assets as at December 31, 2015.

Further information can be found on Borealis Infrastructure's website.