Street Talk
Chairman swap at Plenary Group after arrival of Abu Dhabi wealth fund
There’s a new boss at infrastructure investor Plenary, after it sold a 49 per cent stake to Abu Dhabi sovereign wealth fund ADQ in a deal that valued the business at $1 billion.
Paul Oppenheim, Plenary’s CEO from its founding in 2014 until 2020, will chair the board after ADQ’s arrival.
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
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