Industry Fund Services (IFS) founded, incorporating IFS Private Capital Group
1995
DAF Australian Infrastructure (IFM Australian Infrastructure) launched
DAF Development Capital (IFM Australian Private Equity I) launched
DAF Rent Buy launched
IFS appointed as manager of DAF
1996
IFS Indexed Australian Equities investment capability launched
1999
IFM Alternative Fixed Income Funds Long duration option launched
Development Australia Fund II (IFM Australian Private Equity Fund II) launched
2000
DAF Global (IFM International Private Equity Fund I) launched
2001
ME Bank launched
IFS commences offering single client private equity mandates
2003
DAF Australian Social Infrastructure (IFM Australian Social Infrastructure) launched
IFS Enhanced Indexed Australian Equities investment capability launched
2004
IFM Australian Private Equity Fund III launched
IFM created through merger of IFS Private Capital Group and Development Australia Fund Management Limited, with IFM assuming full management, and the trusteeship roles for all DAF products
IFM International Infrastructure launched
IFM funds under management (FUM) reaches A$6.9 billion
2005
IFM Australian Infrastructure acquires 100% of listed entity Pacific Hydro via takeover offer
IFM International Private Equity Fund II launched
IFM Alternative Fixed Income Funds Short duration option launched
MEPM Liquidity Fund (IFM Strategic Cash Fund) launched
DAF Rent Buy exited and merged into IFM Australian Social Infrastructure
IFM FUM reaches A$8.6 billion
2006
IFM London office opened
IFM Listed Equity Funds launched
IFM Australian Private Equity IV launched
IFM FUM reaches A$12.2 billion
2007
IFM New York office opened
Industry Super Holdings Pty Ltd becomes holding company for IFM
IFM International Private Equity Fund III launched
IFM Australian Social Infrastructure merged into IFM Australian Infrastructure
ME Bank debt investments team joins IFM
IFM FUM at end 2007 is A$15.7 billion
2008
IFM’s infrastructure capability offered to US, UK and European institutional investors
IFM Transaction Cash Fund launched
IFM Strategic Australian Equities Fund launched
IFM FUM at end 2008 is A$16.4 billion
2009
Mandate capacity in Strategic and Indexed Australian Equities, Cash and Australian Credit Opportunities