'''IFM Investors''' is a global institutional investment management firm<ref name=":0">{{Cite web |title=IFM Investors Pty Ltd - Company Profile and News |url=https://www.bloomberg.com/profile/company/559435Z:AU |access-date=2023-12-03 |website=Bloomberg.com |language=en}}</ref> and one of the world’s largest infrastructure asset managers<ref>{{Cite web |last=O'Dea |first=Christopher |last2=ChongJanuary/February 2017 |first2=Florence |title=Infrastructure: Top 10 manager profiles |url=https://realassets.ipe.com/infrastructure/infrastructure-top-10-manager-profiles/10017323.article |access-date=2023-12-03 |website=Real Assets |language=en}}</ref><ref>{{Cite web |last=Hatch |first=Patrick |date=2022-04-06 |title=IFM launches $4b green fund to target energy transition |url=https://www.smh.com.au/business/companies/ifm-launches-4b-green-fund-to-target-energy-transition-20220406-p5ab8o.html |access-date=2023-12-03 |website=The Sydney Morning Herald |language=en}}</ref>. Headquartered in Melbourne, Australia, it is owned by Australian [[Industry superannuation fund|industry superannuation funds]]<ref>{{Cite web |title=Our Distinct Ownership {{!}} IFM Investors {{!}} IFM Investors |url=https://www.ifminvestors.com/about-us/our-heritage/our-distinct-ownership/ |access-date=2023-12-03 |website=www.ifminvestors.com |language=en-US}}</ref> and had assets under management of A$215 billion, as of 30 June 2023.<ref name=":1">{{Cite web |title=About Us {{!}} IFM Investors |url=https://www.ifminvestors.com/en-au/about-us/ |access-date=2023-12-03 |website=www.ifminvestors.com |language=en-AU}}</ref>

In 2014, The Hon. [[Greg Combet]] AM joined the board of IFM Investors and became Chair following the retirement of Garry Weaven in 2019.<ref>{{Cite web |date=2018-12-04 |title=Former Australian Minister appointed Chair of IFM Investors |url=https://www.industrymoves.com/moves/former-australian-minster-appointed-chair-of-ifm-investors |access-date=2023-12-03 |website=Industry Moves |language=en}}</ref>

In 2020, David Neal was appointed as Chief Executive of IFM Investors after 13 years with the [[Australian Government Future Fund]], in the role of Chief Investment Officer from 2007 to 2014 and Chief Executive since 2014.<ref>{{Cite news |date=2020-02-04 |title=Australian sovereign wealth fund CEO to helm IFM Investors |language=en |work=Reuters |url=https://www.reuters.com/article/idUSL4N2A418Q/ |access-date=2023-12-03}}</ref>

In 2023, The Hon. [[Greg Combet]] AM resigned as Chair of IFM Investors following his appointment as the inaugural Chair of the Australian Government Net Zero Economy Agency.<ref>{{Cite web |date=2023-06-13 |title=Appointment of Net Zero Economy Agency and Advisory Board {{!}} Prime Minister of Australia |url=https://www.pm.gov.au/media/appointment-net-zero-economy-agency-and-advisory-board |access-date=2023-12-03 |website=www.pm.gov.au |language=en}}</ref> Cath Bowtell replaced Combet as Chair, having served on the IFM Investors board since 2019.<ref>{{Cite web |date=2023-06-25 |title=Industry super, Labor heavyweight Cath Bowtell to chair IFM Investors |url=https://www.afr.com/companies/infrastructure/industry-super-labor-heavyweight-cath-bowtell-to-chair-ifm-investors-20230623-p5diyz |access-date=2023-12-03 |website=Australian Financial Review |language=en}}</ref>

== Current operations ==

IFM Investors provides investment management strategies across four divisions<ref name=":0" /><ref name=":2">{{Cite web |title=Our capabilities {{!}} IFM Investors {{!}} IFM Investors |url=https://www.ifminvestors.com/en-au/capabilities/ |access-date=2023-12-03 |website=www.ifminvestors.com |language=en-AU}}</ref> (as of 30 June 2023), including:

* '''Infrastructure''' – Australian Core Infrastructure (launched 1995), Global Core Infrastructure (launched 2004) and Global Net Zero Infrastructure (launched 2022) strategies.<ref>{{Cite web |last=KennedyDecember 2021 |first=Liam |title=Strategically speaking: IFM Investors |url=https://www.ipe.com/investment/strategically-speaking-ifm-investors/10056579.article |access-date=2023-12-03 |website=IPE |language=en}}</ref><ref>{{Cite web |title=Our strategies {{!}} IFM Investors |url=https://www.ifminvestors.com/en-au/capabilities/infrastructure/our-strategies/ |access-date=2023-12-03 |website=www.ifminvestors.com |language=en-AU}}</ref>

* '''Debt Investments''' – Infrastructure Debt, Diversified Credit and Treasury Services strategies.<ref>{{Cite web |title=Our Debt Investments strategies {{!}} IFM Investors {{!}} IFM Investors |url=https://www.ifminvestors.com/en-au/capabilities/debt-investments/our-strategies/ |access-date=2023-12-03 |website=www.ifminvestors.com |language=en-AU}}</ref>

* '''Listed Equities''' – Quantitative Equities and Active Equities strategies.<ref>{{Cite web |title=Our Strategies {{!}} IFM Investors |url=https://www.ifminvestors.com/en-au/capabilities/listed-equities/our-strategies/ |access-date=2023-12-03 |website=www.ifminvestors.com |language=en-AU}}</ref>

* '''Private Equity''' – Long Term Private Capital and Growth Equity strategies.<ref>{{Cite web |title=Our Private Equity strategies {{!}} IFM Investors {{!}} IFM Investors |url=https://www.ifminvestors.com/en-au/capabilities/private-equity/our-strategies/ |access-date=2023-12-03 |website=www.ifminvestors.com |language=en-AU}}</ref>

IFM Investors provided investment management services to 665 institutional investors globally (as of 30 June 2023)<ref name=":1" />, including superannuation and pension funds, government entities, universities, family offices, insurers, endowment funds and foundations.<ref name=":2" />

In addition to operating from Australian offices in Melbourne and Sydney, IFM Investors has operated from international offices established in London (2006), New York (2007), Berlin (2013), Tokyo (2014), Hong Kong (2016), Seoul (2017), Zurich (2018) and Amsterdam (2021).<ref>{{Cite web |title=Our heritage {{!}} IFM Investors {{!}} IFM Investors |url=https://www.ifminvestors.com/about-us/our-heritage/ |access-date=2023-12-03 |website=www.ifminvestors.com |language=en-US}}</ref>

IFM Investors has been a signatory to the United Nations-supported [[Principles for Responsible Investment]] (UNPRI) since 2008<ref name="principals_for_responsible_investment">{{cite web |title=Signatory Directory: IFM Investors |url=https://www.unpri.org/signatory-directory/ifm-investors/1319.article |website=www.unpri.org}}</ref> and is a member of the Institutional Investors Group on Climate Change<ref>{{Cite web |title=Our members |url=https://www.iigcc.org/our-members |access-date=2023-12-03 |website=www.iigcc.org |language=en}}</ref>, the Investor Group on Climate Change<ref>{{Cite web |title=Our members |url=https://igcc.org.au/about/our-members/ |access-date=2023-12-03 |website=Investor Group on Climate Change |language=en-AU}}</ref>, the Ceres Investor Network, the Australian Council of Superannuation Investors<ref>{{Cite web |title=ACSI members {{!}} ACSI |url=https://acsi.org.au/members/who-our-members-are/ |access-date=2023-12-03 |language=en-AU}}</ref> and the Australian Sustainable Finance Institute<ref>{{Cite web |title=ASFI Members |url=https://www.asfi.org.au/asfi-members |access-date=2023-12-03 |website=ASFI |language=en-AU}}</ref>. The firm publishes a Corporate Environmental, Social & Governance Policy that determines its approach to the governance of investee entities and releases an annual Responsible Business Report.<ref>{{Cite web |title=Governance and reporting {{!}} IFM Investors |url=https://www.ifminvestors.com/responsible-investment/governance/ |access-date=2023-12-03 |website=www.ifminvestors.com |language=en-US}}</ref> The firm is committed to reducing the carbon impact of its investments, targeting [[Carbon neutrality|net zero]] greenhouse gas emissions across asset classes by 2050.<ref>{{Cite web |title=IFM Investors targets Net Zero by 2050 |url=https://www.ifminvestors.com/about-us/media-centre/!news/2020/10/11/ifm-investors-targets-net-zero-by-2050 |access-date=2021-09-16 |website=www.ifminvestors.com}}</ref>

== Investments ==

In 2013, IFM Investors, [[AustralianSuper]], QSuper and Tawreed Investments agreed to pay A$5.07 billion for a 99-year lease of Port Kembla and Port Botany with the [[Government of New South Wales]].<ref>{{Cite web |date=2013-04-12 |title=IFM takes lion’s share of NSW ports |url=https://www.afr.com/companies/financial-services/ifm-takes-lion-s-share-of-nsw-ports-20130412-ilsvv |access-date=2023-12-03 |website=Australian Financial Review |language=en}}</ref><ref>{{Cite web |date=2013-04-15 |title=IFM-led consortium wins A$5 billion ports lease in New South... {{!}} Infrastructure Finance & Investment |url=https://www.infrapppworld.com/news/ifm-led-consortium-wins-a-5-billion-ports-lease-in-new-south-wales |access-date=2023-12-03 |website=www.infrapppworld.com |language=en}}</ref>

In 2018, the company [[Fomento de Construcciones y Contratas]] (FCC) decided to sell 49% of the capital of its subsidiary FCC Aqualia to the IFM Global Infrastructure Fund (through Global Infraco Spain) for 1,024 million euros.<ref>{{Cite web |date=2018-03-17 |title=FCC vende al fondo IFM el 49% de Aqualia por 1.024 millones para reducir deuda |url=https://www.elespanol.com/invertia/empresas/20180317/fcc-vende-ifm-aqualia-millones-reducir-deuda/292720979_0.html |access-date=2022-07-25 |website=El Español |language=es}}</ref>

In 2019, PSA International, the Polish Development Fund and the IFM Global Infrastructure Fund, advised by IFM Investors, completed a transaction to jointly acquire 100% of [[DCT Gdańsk]]. The transaction was estimated at over US$1.3 billion.<ref>{{Cite web |last=Hayes |first=Alex |title=DCT Gdańsk sold for USD 1.3 bln {{!}} EurobuildCEE |url=https://eurobuildcee.com/en/news/27006-dct-gdansk-sold-for-usd-13-bln |access-date=2023-12-03 |website=eurobuildcee.com |language=en}}</ref>

In 2020, Nala Renewables was formed as a joint venture between Trafigura and IFM Investors to invest in a series of solar, wind and power storage projects globally.<ref>{{Cite web |title=New company Nala Renewables to invest in solar, wind and power storage projects worldwide with a target of 2 GW of projects within 5 years |url=https://www.nalarenewables.com/news/new-company-nala-renewables-to-invest-in-solar-wind-and-power-storage-projects-worldwide-with-a-target-of-2-gw-of-projects-within-5-years/ |access-date=2023-12-03 |website=www.nalarenewables.com |language=en-US}}</ref>

In 2021, the Board of [[Sydney Airport]], a company listed on the [[Australian Securities Exchange]], accepted a bid from a consortium led by IFM Investors for A$23.6 billion. In February 2022, shareholders approved the takeover resulting in one of Australia’s biggest ever buyouts.<ref>{{Cite web |title=Sydney Airport agrees $17.5bn takeover deal with pension funds |url=https://www.ft.com/content/00ecc8a7-7f94-444e-bd8b-5e5d516ceec9 |access-date=2023-12-03 |website=www.ft.com}}</ref><ref>{{Cite news |last=Freed |first=Jamie |last2=Freed |first2=Jamie |date=2022-02-03 |title=Sydney Airport shareholders approve $17 bln takeover |language=en |work=Reuters |url=https://www.reuters.com/markets/deals/sydney-airport-shareholders-set-approve-17-bln-takeover-2022-02-03/ |access-date=2023-12-03}}</ref><ref>{{Cite web |last=Hatch |first=Patrick |date=2022-02-03 |title=Sydney Airport to depart ASX after investors back $23.6b takeover offer |url=https://www.smh.com.au/business/companies/sydney-airport-to-depart-asx-after-investors-back-23-6b-takeover-offer-20220203-p59thd.html |access-date=2023-12-03 |website=The Sydney Morning Herald |language=en}}</ref>

In 2021, [[Deutsche Telekom]] and IFM Investors announced a joint venture to bring fiber-to-the-home broadband to rural areas in Germany. IFM Investors, through its IFM Global Infrastructure Fund, acquired 50% in the new company, GlasfaserPlus GmbH, for €900 million.<ref>{{Cite news |date=2021-11-05 |title=Deutsche Telekom announces $1 bln fibre optic deal with Australian investor |language=en |work=Reuters |url=https://www.reuters.com/business/media-telecom/deutsche-telekom-announces-1-bln-fibre-optic-deal-with-australian-investor-2021-11-05/ |access-date=2023-12-03}}</ref>

In 2022, IFM Investors and [[DigitalBridge]] completed the US$11 billion acquisition of the [[New York Stock Exchange]] listed data center firm, [[Switch (company)|Switch Inc]].<ref>{{Cite web |last=Inc |first=Switch |title=Switch to be Taken Private by DigitalBridge Investment Management and IFM in $11 Billion Transaction |url=https://www.prnewswire.com/news-releases/switch-to-be-taken-private-by-digitalbridge-investment-management-and-ifm-in-11-billion-transaction-301544962.html |access-date=2023-12-03 |website=www.prnewswire.com |language=en}}</ref>

In 2023, IFM Investors, through the IFM Net Zero Infrastructure Fund, signed an agreement to acquire a majority interest in GreenGasUSA Holdings, LLC, a U.S.-based renewable natural gas developer, owner, and operator.<ref>{{Cite web |title=IFM Net Zero Infrastructure Fund Buys Natural Gas Developer - SWFI |url=https://www.swfinstitute.org/news/95629/ifm-net-zero-infrastructure-fund-buys-natural-gas-developer |access-date=2023-12-03 |website=www.swfinstitute.org}}</ref>

In 2023, it was announced that IFM Investors had signed a Memorandum of Understanding with the [[UK Government]] with the intention to invest £10 billion over four years for large-scale infrastructure and energy transition projects.<ref>{{Cite web |title=Prime Minister unveils £29.5bn of investment at historic Global Investment Summit |url=https://www.gov.uk/government/news/prime-minister-unveils-295bn-of-investment-at-historic-global-investment-summit |access-date=2023-12-03 |website=GOV.UK |language=en}}</ref>