Queensland Investment Corporation completed the acquisition of a 75% stake in Nexus Day Hospitals, a diversified portfolio of 14 hospitals across Australia, from priate equity firm Mercury Capital. Financial terms were not disclosed. "We are very pleased to complete the acquisition of Nexus, as it represents the culmination of significant research and analysis by our team into the long-term healthcare megatrends. From this work we identified day and short stay hospitals as demonstrating the relative value and diversification merits we were seeking to add to QGIF’s portfolio from the healthcare sector. Macro factors and technological advancements underpin an attractive growth profile for the platform. We are looking forward to working with the Nexus CEO, Andrew Petering, and his high calibre team to further position the company at the forefront of structural change in the industry and to deliver more affordable, high quality healthcare outcomes to Australians," Ross Israel, QIC Head of Global Infrastructure.