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ING Industrial Fund

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ING Industrial Fund (IIF) is a financial institution based in Australia.

The China Investment Corporation joined a consortium to take over IIF. The consortium consists of the Goodman Group, which is leading the bid, Canadian Pension Plan Investment Board, and Algemene Pensioen Groep. The consortium purchased the fund for USD $2.3 billion in late December 2010. It publicly annocued the investment on January 3, 2011. The investment has to be approved by Australian regulators.[1][2] The CIC has a stake in the Goodman Group. The investment was initially reported by Australian in October.[3]

The Government Pension Fund of Norway held a 0.48% stake in the company as of December 31, 2009. The stake is valued at $5,306,097.

Date Ownership Voting Value
December 31, 20090.48%0.48%$5,306,097

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