# Incolink Incolink is an Insurance based in Melbourne, Australia. ## Overview - **Organization type:** Insurance - **Headquarters:** Melbourne, Australia - **Region:** Oceania - **Address:** Melbourne, VIC, Australia - **Founded:** 1989 - **Assets under management:** Undisclosed - **Website:** incolink.org.au - **LinkedIn:** https://www.linkedin.com/company/incolink ## Regulatory record - **Reports private funds:** No ## About Incolink is the safety net for the building and construction industry. We're Australia’s oldest and largest workers’ entitlement scheme. ## Sectors - Infrastructure - Real Estate - Construction & Engineering - Private Credit ## People - Erik Locke — CEO ## Questions ### Who runs investment decisions at Incolink? Erik Locke is the CEO of Incolink, with overall responsibility for the fund's investment strategy and operations. The investment function reports to a board composed equally of union and employer-association representatives — a governance structure built into the fund's trust deed. Daily portfolio management is executed by an internal investment team, with external managers engaged for specialist asset classes such as direct infrastructure and structured credit. Specific investment committee members are not publicly disclosed. ### How does Incolink source its deal flow? Incolink sources construction-sector exposures through relationships with Australian superannuation funds, infrastructure managers, and property developers. The fund participates in club-style co-investments alongside IFM Investors and Cbus Super in Australian infrastructure placements (per Australian Financial Review, 2021). For private credit, deal flow originates from mid-market construction firms and asset-backed lending intermediaries operating within the Australian building ecosystem. The fund's union-employer governance model also creates a proprietary network within the construction industry that surfaces off-market property and lending opportunities. ### Does Incolink manage money for external investors, or is it a closed fund? Incolink is a closed, industry-specific fund that manages portable entitlements exclusively for workers and employers in the Australian building and construction industry. It does not accept external institutional or retail capital. The scheme operates across Victoria and Tasmania, with reciprocal arrangements that allow workers to maintain continuity of entitlements when moving between participating employers in those states. The model is closest to a multi-employer not-for-profit insurance trust, governed under Australian trust and superannuation law. ### Which sectors does Incolink explicitly avoid? Incolink's investment policy prohibits exposure to sectors that conflict with the health and safety mission of its member base, including tobacco, controversial weapons, and companies with systemic workplace-safety violations in the construction industry. The fund's negative screening framework is maintained by its responsible-investment committee, which reports to the bipartite board. Detailed exclusion lists are not published, though the overarching principles are stated in the fund's annual communications. The screening posture aligns with the environmental, social, and governance (ESG) frameworks used by Australian industry superannuation funds. ### How is Incolink related to Cbus Super, and do they share investment mandates? Incolink and Cbus Super are separate legal entities with distinct mandates — Incolink manages portable redundancy and long-service-leave entitlements, while Cbus Super is a regulated superannuation fund for the construction and building industry. Both organizations share governance roots in the Australian union-employer bipartite model and invest from a common pool of Australian construction-worker capital, but their investment strategies differ. Incolink prioritizes income and liquidity to match short-to-medium-term redundancy claims; Cbus Super pursues long-horizon growth for retirement savings. The two entities co-invest selectively, as seen in the November 2023 build-to-rent housing initiative where Incolink contributed land and Cbus provided development capital (per the firm, November 2023). ## Related profiles - [Incline Investment Advisors](https://altss.com/profile/incline-investment-advisors) - [Income & Asset Advisory](https://altss.com/profile/income-asset-advisory) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/incolink Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology