How super funds are tapping the private credit boom
The $3.9trn sector is moving past classic unlisted assets to look at private debt, more creative private equity, social infrastructure and energy transition assets.
As Australia’s booming superannuation sector edges past $4 trillion, it has long ago outgrown local markets and even listed options. And while unlisted investments in infrastructure and real estate are still a favourite of industry funds, even those asset classes are getting too saturated to provide the diversification and home for capital they sorely need.
So where are funds looking to increase their exposure locally and offshore? Private credit and equity instruments are still a small part of their portfolios, but are rapidly growing as they partly fill this space.
