$26bn joint venture takes off Equip and Catholic Super have joined forces. The $26 billion venture will manage funds for 150,000 members with an aspiration to be a much larger entity by 2025. It will be governed by a new, skills-based board of 12 directors. Andrew Fairley, chairman, said the unique tie-up sets the scene for further industry consolidation. “This is a new dawn and a new era for super mergers as we scale up to benefit members under an extended public offer (EPO) licence,” he said. “At a time when funds are being urged to merge, Equip and Catholic...