Investment Strategy
Brighter Super is an Australian superannuation fund managing approximately $30 billion, formed through the merger of several Queensland-based super funds. The fund serves members across a variety of industries and has been growing through both organic growth and strategic mergers.
The investment strategy targets approximately 12% in alternatives, including private equity, infrastructure, and real estate. As the fund’s scale has grown through mergers, Brighter Super has been able to access a broader range of private market opportunities. Infrastructure investments have particular relevance given Queensland’s significant infrastructure development pipeline and the fund’s regional roots.
The private equity program invests through fund commitments to established managers, with exposure to buyout and growth strategies across Australia and globally. Real estate investments include Australian property and international fund commitments. The fund is continuing to develop its alternatives capabilities as it scales.
How to Approach
Brighter Super’s investment team manages the fund’s portfolio through a combination of internal management and external mandates. As a fund that has recently grown through mergers, there may be opportunities for GPs to establish relationships as the investment team builds out its alternatives program.
GPs should approach the investment team with strategies that are appropriate for the fund’s size and risk profile. Brighter Super is focused on delivering strong member outcomes at competitive fees. The fund is accessible through the Australian superannuation industry network and attends major Australian investment conferences.
Frequently Asked Questions
How much does Brighter Super allocate to alternatives?
Brighter Super allocates approximately 12% of its portfolio to alternative investments including private equity, infrastructure, and real estate. The fund has been building its alternatives program following recent mergers that increased its overall scale and investment capabilities.
How can fund managers approach Brighter Super?
Brighter Super manages its investments through a combination of internal management and external mandates. GPs should approach the investment team directly. As a growing fund following recent mergers, Brighter Super may be more open to new GP relationships than some of the more established Australian super funds.
What is Brighter Super's background?
Brighter Super was formed through mergers of several Queensland-based superannuation funds including Suncorp Portfolio Services and Energy Super. The consolidation has increased the fund's scale and investment capabilities, enabling greater access to private markets investments.
