Barings and QIC led a AUD370m round in Pacific Energy Group.

Barings and QIC, investment firms, led a AUD370m round in Pacific Energy Group, a gas company. “We are pleased to partner with QIC to support Pacific Energy Group in this important phase of its growth. PEG is a proven leader in Australia’s remote energy sector and exemplifies the type of high-quality, resilient infrastructure asset we seek to invest in—well-positioned to deliver long-term value in today’s market, which can help investors inflation-proof their portfolios,” Mina Pacheco Nazemi, Barings Head of Diversified Alternative Equity.