A globally diverse infrastructure investment portfolio
With ~A$18bn invested, our investment focus is to grow our current 15% UK and European portfolio.
Direct investments
To maximise value for our members, we focus on unlisted OECD direct investments to lower fees, reduce information asymmetries and enhance governance and control.
In addition to selective sole investments, we have a genuine, flexible, trustworthy and long-term partnering approach both domestically and overseas.
Flexible mandate
We pride ourselves on a willingness to be bold and look for alpha returns by being an early mover into emerging sectors and consider take-privates and greenfield developments with infrastructure-like opportunities and growth platforms, including early-stage platforms.
Responsible ownership and strong governance
We have implemented a comprehensive risk management and governance framework, with support from Direct Asset Oversight and Enhancement and Responsible Investment teams.
As Responsible Owners, we integrate ESG factors into our investment decisions. We believe over the long term, companies and assets with sound ESG management are more likely to increase in value.
Macros trends focus
Our current investment focus is geared to benefit from key macro trends, particularly energy transition and digitisation themes.
We also have a patient and selective investment focus to find the best risk-reward opportunities alongside high quality management teams and equity partners.
Examples of our infrastructure investments
Active digital infrastructure investor with ability to execute take privates.
VOCUS
July 2021, Australia
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Sector |
Digital telecommunications |
Founding |
2008, North Sydney, Australia |
Investment history |
Aware Super and Macquarie Asset Management (MAM) took Vocus Group private, after acquiring the business via a 50/50 consortium in 2021 for $4.6bn. |
Status |
Private |
Company Overview
VOCUS Group owns and manages Australia’s second-largest inter capital fibre network, providing connectivity to wholesale, business, government and consumers. It also owns and operates 18 data centres across Australia and New Zealand and provides ground stations to Starlink. The core business is complemented by an integrated telecommunications business in New Zealand and an Australian retail arm.
Impact
true
Owner of critical infrastructure assets of regional and national importance
FORTH PORTS
October 2018, United Kingdom
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Sector |
Ports |
Founding |
Taken private by Arcus in 2011 |
Investment history |
Aware Super partnered with PSP and other institutional investors to acquire Arcus’ share in 2018. |
Status |
Private |
Company Overview
Forth Ports is the third largest port group in the UK owning and operating eight commercial ports on the Firth of Forth, Firth of Tay and the Thames. Forth Ports handles a diverse cargo mix including dry bulks, RoRo, forest and paper, liquid bulks, general cargo and grain.
Impact
true
Targeting and executing on first-mover advantage opportunities into emerging and new sectors.
INTERMODAL TERMINAL COMPANY (ITC)
January 2023, Australia
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Sector |
Transport and freight logistics |
Founding |
2022 Sydney, Australia |
Investment history |
Aware Super established 100% ownership in ITC in December 2022. |
Status |
Private Platform |
Company Overview
ITC is focused on acquiring, developing and actively operating a portfolio of independently owned and operated intermodal terminals along Australia’s rail freight network. Intermodal terminals enable the transfer and storage of freight between rail and road and provide connectivity to ports, regional networks and other capital cities and locations.
Impact
true
