# Vision Super

Vision Super is a Pension Fund based in Melbourne, Australia.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Melbourne, Australia
- **Region:** Oceania
- **Founded:** 1947
- **Assets under management:** 8600 (Altss estimate)
- **Website:** visionsuper.com.au
- **LinkedIn:** https://www.linkedin.com/company/vision-super

## Regulatory record

- **Reports private funds:** No

## About

Vision Super was established in 1947 as a superannuation scheme in Australia. It delivers investment and insurance products to members through the Vision Pooled Superannuation Trust and the Local Authorities Superannuation Fund. The structure remains tied to its origins in the profit-to-member sector. The scheme allocates across infrastructure, real estate, and private equity. Infrastructure exposure runs through managers including IFM Investors and Morrison & Co. Private equity commitments include Lexington Capital Partners, LGT Capital Partners, and Stafford Private Equity. Property options cover office, retail, industrial, healthcare, and education assets in Australia. Geographic reach spans Australia, the United States, and Europe. Public equity positions include holdings in Scentre Group, Prologis, and Lendlease. The firm employs no disclosed headcount figure. It maintains membership in the Australian Institute of Superannuation Trustees. Service providers include J.P. Morgan as custodian and Frontier Advisors as asset consultant. March 2025: Merged with Active Super to create a $30 billion fund, with Stephen Rowe appointed CEO of the combined entity. The merger with Active Super altered governance by integrating board representation from the Australian Services Union. This produces a larger scale vehicle while retaining the original superannuation mandate and member-focused structure.

## Sectors

- Infrastructure
- Real Estate
- Private Equity

## People

- Stephen Rowe — CEO
- Michael Wyrsch — Chief Investment Officer and Deputy CEO
- Kyle Loades — Chair of the Board

## Questions

### Who runs investment decisions at Vision Super?

Stephen Rowe serves as CEO. Michael Wyrsch acts as Chief Investment Officer and Deputy CEO.

### Does Vision Super participate in fund commitments or only direct deals?

The scheme commits to funds managed by IFM Investors, Morrison & Co, Lexington Capital Partners, LGT Capital Partners, and Stafford Private Equity.

### What asset classes does Vision Super hold?

Holdings include infrastructure, unlisted property across multiple sectors, private equity, inflation-linked bonds, and select public real estate equities.

### How is Vision Super related to Active Super?

Vision Super merged with Active Super effective March 1, 2025, forming a single $30 billion superannuation fund.

### Where does Vision Super invest geographically?

Investments cover Australia, the United States, Europe, and other global markets through infrastructure and private equity managers.

### What is Vision Super's known posture on co-investments alongside external GPs?

The scheme invests as a limited partner in funds and holds direct property assets through Vision Property Super.

### Does Vision Super maintain membership in industry bodies?

It belongs to the Australian Institute of Superannuation Trustees, the professional association for the profit-to-member sector.

## Related profiles

- [The J. Paul Getty Trust](https://altss.com/profile/the-j-paul-getty-trust)
- [Ventura County Employees' Retirement Association](https://altss.com/profile/ventura-county-employees-retirement-association)

---

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

Canonical page: https://altss.com/profile/vision-super

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology