# Mine Super

Mine Super is a Pension Fund based in Newcastle, Australia.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Newcastle, Australia
- **Region:** Oceania
- **Address:** Locked Bag 2020, Newcastle NSW 2300, Australia
- **Founded:** 1941
- **Assets under management:** Undisclosed
- **Website:** mine.com.au

## Regulatory record

- **Reports private funds:** No

## About

Mine Super was born from the 1941 Coal and Oil Shale Mineworkers (Pensions) Act, a legislative effort to provide retirement security for Australian miners. The fund has deep roots in the mining, energy, and transport sectors, and its trustee company remains partially owned by the Mining and Energy Union (25%), the NSW Minerals Council (12.5%), and the Queensland Resources Council (12.5%). In March 2025, Mine Super merged with TWUSUPER to form Team Super, a profit-to-member fund that retains its original member-serving ethos under CEO Vasyl Nair and CIO Seamus Collins. The fund deploys capital across a mix of listed equities, fixed income, unlisted property, unlisted infrastructure, and private credit. Its unlisted property portfolio includes a mixed-use portfolio spread across Australia. Its infrastructure holdings feature a stake in Melbourne Airport (Tullamarine). The fund also participates in private credit and short-term private equity globally. Asset-class allocations aim to deliver consistent, long-term returns for members; the High Growth option claims double-digit returns over the five years through mid-2025 (per the firm, 2025). Geographic exposure concentrates on Australia but extends to global markets through private credit. Team Super operates offices across New South Wales, Queensland, and Western Australia, with a headquarters in Newcastle. In March 2025, the merger with TWUSUPER closed, creating a combined entity under the Team Super banner (per the firm, 2025). The fund is a member of the Association of Superannuation Funds of Australia and the Australian Institute of Superannuation Trustees. It does not publicly disclose total assets under management or aggregate deployment figures. Structurally, Mine Super operates under a trustee-company model with ownership split across union and industry bodies — an arrangement that ties governance directly to the communities it serves rather than to external shareholders. This mutual architecture is common among Australian industry funds, but the specific miner-and-transport lineage creates a narrow, sticky member base that most generalist super funds lack.

## Sectors

- Real Estate
- Infrastructure
- Private Credit

## Offices

- Warners Bay, NSW, Australia
- Kembla Grange, NSW, Australia
- Minchinbury, NSW, Australia
- Mackay, QLD, Australia
- Rockhampton, QLD, Australia

## People

- Vasyl Nair — CEO
- Seamus Collins — Chief Investment Officer

## Questions

### Who runs investment decisions at Mine Super?

Seamus Collins is the Chief Investment Officer. He oversees the fund’s asset allocation across listed equities, fixed income, unlisted property, infrastructure, and private credit. CEO Vasyl Nair leads the combined Team Super entity after the March 2025 merger with TWUSUPER.

### Does Mine Super invest directly or through external managers?

Mine Super uses a hybrid approach. It holds direct stakes in unlisted assets such as Melbourne Airport and mixed-use property portfolios, while also participating in private credit and private equity vehicles globally. The exact split between internal and externally managed mandates is not publicly itemized.

### Which sectors and asset classes does Mine Super target?

The fund invests across Australian and global equities, fixed income, unlisted property (mixed-use), unlisted infrastructure (including airports), private credit, and short-term private equity. Its heritage ties it closely to mining, energy, and transport, but the investment strategy spans generalist super fund categories.

### Does Mine Super disclose its assets under management?

No. Mine Super does not publicly report its total assets under management. The fund’s website and public filings do not include a current AUM figure.

### Where does Mine Super’s underlying capital come from?

Capital comes from mandatory and voluntary superannuation contributions made by Australian workers, primarily in the mining, energy, and transport sectors. The fund was established in 1941 under the Coal and Oil Shale Mineworkers (Pensions) Act to serve those industries and their families.

## Related profiles

- [Minerva Wealth Advisory](https://altss.com/profile/minerva-wealth-advisory)
- [Ming Capital](https://altss.com/profile/ming-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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