AustralianSuper
Australia's largest super fund, rapidly expanding in private equity.
LP & Institutional CapitalFirmGlobal
Target market
Large buyout and growth funds, mostly ex-Australia
Typical check
Large fund commitments and co-investments
Geography
Global
Overview
AustralianSuper is Australia's largest superannuation fund and has been lifting its private-equity allocation toward roughly 9% of the portfolio, deploying mostly outside Australia through offices in New York, London and Beijing. It makes large fund commitments and co-investments, with the flexibility to co-underwrite very large positions alongside its GPs.
Key facts
- Australia's largest superannuation fund
- Raising private-equity allocation toward ~9% of the portfolio
- Targets 70%+ of new deployment outside Australia
- Growing investment teams in New York, London and Beijing