[6][7] It was established to invest in growing Australian private and public companies and infrastructure assets.

Industry Funds Management (IFM) was created through the merger of IFS Capital Group and DAF Limited in 2004.

[8][9] In 2018, the company Fomento de Construcciones y Contratas (FCC) decided to sell 49% of the capital of its subsidiary FCC Aqualia to the IFM Global Infrastructure Fund (through Global Infraco Spain) for 1,024 million euros.

[10] IFM Investors has been a signatory to the United Nations-supported Principles for Responsible Investment (UNPRI) since 2008[11] and has a Group Corporate Environmental, Social & Government Policy that determines its approach to the governance of investee entities.

The firm is committed to reducing the carbon impact of its investments, targeting net zero greenhouse gas emissions across asset classes by 2050.