Antipodes has announced an agreement to acquire Bennelong Funds Management, an Australian investment manager with $15 billion in assets under management, according to a source report dated September 18, 2026. The deal stage is announced; the sources do not state that the transaction has closed.
The amount being paid was not disclosed in the sources.
The transaction excludes Bennelong Funds Management's stake in 4D Infrastructure, which the source states will be acquired by Perennial Partners.
Advisers named in the source are Blackpeak Capital Pty Ltd for Antipodes and Berkshire Global Advisors for Bennelong Funds Management.
The source does not provide further details on the terms, financing, timing or rationale for the transaction.