Macquarie Superannuation Plan

The trustee board, chaired by John Edstein through Macquarie Investment Management Limited, oversees all investment decisions. Day-to-day portfolio construction is handled by Macquarie's wealth management division under Sean West. The plan does not employ a dedicated internal investment team separate from the Macquarie Group infrastructure, relying instead on the parent company's asset management capabilities for manager selection, due diligence, and monitoring.

Macquarie Superannuation Plan is the corporate superannuation fund for Macquarie Group employees in Australia. Macquarie Investment Management Limited acts as trustee, and Macquarie Group serves as both the plan sponsor and the primary provider of investment products available to plan members. This makes the plan structurally different from an independent super fund — its investment menu overlaps heavily with Macquarie-managed funds and co-investment opportunities.

The plan invests primarily through Macquarie-managed vehicles and co-investment platforms, given the parent company's position as one of the world's largest infrastructure and real-asset managers. The trustee board retains discretion to select external managers, and public disclosures indicate periodic benchmarking against third-party options to ensure arm's-length terms on related-party transactions. Direct co-investments in infrastructure and real estate are common, mirroring Macquarie Asset Management's institutional client model.

The plan constructs its default option around unlisted infrastructure, global real estate, insurance-linked securities, and agricultural and timber exposure. These real-asset-heavy allocations reflect Macquarie's own investment DNA and the long-duration liability profile of a superannuation fund. Australian equities and fixed income also feature, but the plan's differentiation comes from its access to illiquid alternatives typically reserved for institutional investors.

The plan itself does not operate a separate philanthropic foundation. However, Macquarie Group Foundation serves as the parent company's charitable arm, and plan members can participate in foundation programs including donation matching and volunteer grants. The plan's governance documents do not mandate any specific ESG or impact allocation beyond what Macquarie Group's investment vehicles already incorporate.