Since IFM started...

1990

  • Development Australia Fund (DAF) launched

1994

  • 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 reaches 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 reaches A$16.4 billion

2009

  • Mandate capacity in Strategic and Indexed Australian Equities, Cash and Australian Credit Opportunities
  • IFM Indexed Australian Equities Fund launched
  • IFM FUM reaches A$21.3 billion

2010

  • IFM wins several debt mandates
  • IFM FUM reaches A$27 billion

2011 

  • IFM celebrates five years in overseas markets
  • IFM Sydney office opened
  • IFM appoints specialist small caps team
  • IFM announces 12.5% fee rebate to investors
  • IFM launches "We Believe" advertising campaign 
  • Global business development capability expanded with key appointments in US and Europe
  • IFM FUM reaches A$31 billion