UniSuper

John Pearce has served as Chief Investment Officer since 2009 and leads the fund's internal investment team. He reports to CEO Peter Chun, who joined in September 2021. The investment committee and board, chaired by Mark Armour, oversee major allocation and consortium commitments.

UniSuper pursues direct co-investment alongside established operators and consortium partners. In the Sydney Airport acquisition, it partnered with IFM Investors and other Australian super funds. For Vantage Towers in Europe, it joined the KKR-led consortium. The fund favors controlling or significant minority positions in long-dated, regulated, or monopoly-style assets rather than passive fund commitments.

Yes. UniSuper has co-invested alongside KKR in the Vantage Towers transaction and alongside IFM Investors in Sydney Airport. This co-investment model allows UniSuper to scale its exposure to large infrastructure deals while reducing the fee burden that comes with pure fund commitments.

UniSuper's private-markets focus includes transportation infrastructure (airports), telecommunications infrastructure (towers), industrial logistics real estate, and sustainable timber. The fund has not signaled an appetite for venture capital, early-stage technology, or speculative natural resources.

UniSuper has built a sizable internal investment team that originates and manages direct deals, a structure more commonly associated with Canadian pension funds like CPP Investments or Ontario Teachers'. Many Australian super funds rely heavily on external consultants and fund-of-fund commitments; UniSuper's internal capacity allows it to lead or co-sponsor consortium transactions directly.