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Prime Super
Prime Super was founded in 2006, emerging from demand for better retirement solutions across rural and regional Australia. Raelene Seales was appointed Chief...
Prime Super
Prime Super was founded in 2006, emerging from demand for better retirement solutions across rural and regional Australia. Raelene Seales was appointed Chief Executive Officer in June 2024. The fund's origins anchor a member base now spanning multiple industries, though it retains specializations in recruitment, health and aged care, and education. Prime Super deploys member capital across a 10-option investment menu. The MySuper default option has outperformed the industry median over three- and ten-year periods ending December 2025, while Managed Growth, Australian Shares, Property, and Cash options achieved top-quartile performance over a decade (per SuperRatings, 2025). Direct exposure includes commercial and industrial real estate assets, with known holdings at 111 Alinga Street in Canberra, 313 Adelaide Street in Brisbane, and 60 Martin Place in Sydney. The fund also participates in a renewable energy portfolio and logistics hubs in Victoria. A focus on secondaries and special situations shapes part of the strategy. Operational scale reached roughly A$8 billion in funds under management for around 140,000 members as of October 2025 (per the firm). The team operates nationally, with member and employer consultant presence extending across New South Wales, Victoria, Queensland, South Australia, Western Australia, Australian Capital Territory, Northern Territory, and Tasmania. In June 2024, the fund appointed Raelene Seales as CEO, consolidating leadership under a career executive who previously served as an independent director. A structural differentiator is the fund's direct ownership of an agribusiness investment company — a rare operational element among Australian superannuation funds that allows the portfolio to hold member-owned farmland and rural assets rather than relying solely on third-party fund managers for agricultural exposure.
General information
Firm type
Pension Fund
Year founded
2006
AUM
Undisclosed
Location
Region
Oceania
Country
Australia
City
Melbourne
Corporate office
Melbourne, Victoria, Australia
Principals
Raelene Seales
Chief Executive Officer
Nigel Alexander
Independent Chairman of the Board
Remo Memmolo
Chief Operating Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Prime Super?
Chief Executive Officer Raelene Seales leads the executive team, with investment strategy executed through a 10-option menu that includes a MySuper default, Managed Growth, Australian Shares, Property, and Cash options. The fund's board, chaired by independent chairman Nigel Alexander, oversees governance and investment policy.
How does Prime Super source its direct property and infrastructure deals?
The fund holds direct commercial and industrial real estate assets, including properties at 111 Alinga Street in Canberra and 60 Martin Place in Sydney. It also operates a dedicated agribusiness investment company, allowing direct ownership of rural assets rather than relying on external managers.
Is Prime Super exposed to secondaries and special situations?
Yes. Altss research identifies secondaries and special situations as a key strategy. The fund's deployment includes participation in secondary transactions alongside direct co-investments across real assets.
What investment stages does Prime Super typically target?
As a pension fund, Prime Super allocates across a diversified portfolio spanning cash, fixed income, equities, property, and alternative investments. The fund has achieved top-quartile performance over ten years in its Property, Australian Shares, Managed Growth, and Cash options (per SuperRatings, 2025).
How is Prime Super's agribusiness arm structured?
The fund owns a dedicated agribusiness investment company that manages direct farmland and agricultural assets. This subsidiary operates alongside the broader real estate and infrastructure portfolio, providing members with exposure to rural property without third-party fund structures.
Does Prime Super maintain any club or co-investment arrangements?
Prime Super is an active member of the Association of Superannuation Funds of Australia and the Australian Council of Superannuation Investors for ESG and proxy voting research. The fund does not publicly disclose participation in co-investment clubs or member-only deal syndicates.
What is Prime Super's posture on ESG and responsible investment?
The fund partners with the Australian Council of Superannuation Investors for ESG analysis and proxy voting research. Its direct renewable energy portfolio and agribusiness holdings reflect a tangible commitment to responsible operations, as highlighted in the firm's public materials.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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