TelstraSuper

TelstraSuper

TelstraSuper was established in 1990 to serve employees of Telstra Group Limited, which remains the sponsoring employer and sole shareholder of the trustee. The fund offers both defined benefit and defined contribution options to members. The portfolio allocates across real estate, infrastructure and venture capital. Confirmed holdings include the Bunnings Warehouse Portfolio held directly, a 22 percent industrial allocation valued at $600 million, and a $1.4 billion infrastructure book that contains the Quinbrook Net Zero Power Fund and Supernode DC project in Queensland. Geographic exposure centers on Australia with additional positions in the United Kingdom and United States through funds such as CIM Group and IP Group Plc. The strategy incorporates both direct ownership and limited-partner commitments via vehicles including AirTree Ventures TS Co-Investment Trust and Blackbird Ventures TS Co-Investment Trust. Total assets stand at $19 billion. The fund maintains membership in the Association of Superannuation Funds of Australia, the Australian Council of Superannuation Investors and the Principles for Responsible Investment. In May 2025 merger plans with Equip Super were terminated; a binding agreement was subsequently executed with Aware Super for a successor-fund transfer in late 2025. Service providers include Northern Trust as master custodian since 2025 and Ernst & Young as auditor. The fund operates as a single-employer superannuation scheme with 100 percent ownership of its trustee company, Telstra Super Pty Ltd. This structure creates a direct link between the sponsoring employer and investment governance that is distinct from multi-employer or public-offer funds.