It expanded into airport ownership in 1998 when it bought a 66% shareholding in Wellington Airport.
The Fund has recently had a high profile in New Zealand after it and Infratil (a publicly listed New Zealand company) acquired Royal Dutch Shell's downstream assets in New Zealand, since renamed Z Energy.
Infratil |
Snapper Services Ltd, a subsidiary of Infratil, made a joint bid with ANZ, New Zealand Post, Eyede, Unisys and Beca Group for the contract of developing Auckland's integrated ticketing system.
He founded H.R.L. Morrison & Co in 1988, and Morrison & Co launched the infrastructure company Infratil in 1994.