This Month
The elusive illiquidity premium forces private assets rethink
The guiding principle that has guided billions of dollars of institutional capital into private assets might not actually exist. That’s led to soul-searching.
Another one bites the dust at Future Fund
A week after the exit of two private markets investment chiefs, the $267 billion fund’s overlays director Simon Fraser is also out the door.
BHP, Woodside rise after new CEOs named; Future Fund chiefs exit; Sandilands ‘doesn’t accept’ termination
Read everything that’s happened in the news so far today.
Future Fund private equity and real assets chiefs head for the door
David Bluff and Tammi Fisher are the latest senior leaders to leave the $267 billion fund, which recently returned 12.4 per cent to the federal government.
Future Fund tiptoes around $4b Victorian land registry sell-down
The $267 billion sovereign wealth fund has considered forming a consortium with trans-Tasman investor Morrison but there is no certainty a bid will eventuate.
Australia’s best-paid public servants revealed
New data shows which government agencies are splashing out on their staff – women as well as men – and which aren’t.
Time for Australia’s super funds to rethink how they invest
Investing in a data centre should not be debated solely as “real estate” or “infrastructure”, but rather how it can improve the portfolio.
February
Former Future Fund property boss takes charge at non-bank lender
The tie-up will connect more global investors with Australia’s real estate debt market, while opening a line into European debt markets for local investors.
Future Fund CEO’s got eyes on more office space
The agency is also renovating its expanded office, though happily for taxpayers the bill is far less than the Reserve Bank is clocking for its building revamp.
Future Fund chief executive Raphael Arndt took second Disneyland trip
The country’s sovereign wealth fund had disclosed one visit previously. The second, it now says, was part of efforts to establish an internal training platform.
Future Fund powers to 12.4pc return over 2025
Australia’s sovereign wealth fund has navigated a year of market and geopolitical turbulence to boost the nation’s coffers by $30 billion.
January
The foxes that raided public markets are needed to restock them
Markets are good, listings are coming and when they do, only one thing will really matter.
The international lawyer teaching AI to war game
Former Harvard professor turned tech start-up founder Anthea Roberts argues her artificial intelligence tool forces humans to think harder.
Greg Combet and the power of saying no
He’s been a unionist and a political fixer. Now the ex-Labor powerbroker opens up about his biggest job yet – running the $261 billion sovereign wealth fund.
The moment that marked the beginning of the end for John Howard
Newly released cabinet papers from 2005 reveal the seed that sowed the destruction of the Howard government and divisions over the deployment of troops.
December 2025
‘Made more for Australians than anyone’: AusSuper legend retires
Retiring chief investment officer Mark Delaney discusses where markets and returns are heading, the fund’s stunning growth and his best career advice.
CDC Data Centres preps $5b debt package, eyes equity raising
CDC’s advisers have started warming up large lending banks for a 2026 launch and are pushing hard on the terms and margins.
Future Fund chairman intervened to stop EA’s third business-class trip
The sovereign wealth manager has been under pressure to explain why the chief executive’s assistant travelled overseas to inspect hotels for senior leaders.
Future Fund sent Arndt’s EA on two international business class trips
The sovereign wealth fund is under pressure to explain the travel, including flights to assess the quality of hotels where senior management intended to stay.
November 2025
Future Fund urged to dump $175m from Russian ‘blood oil’ refiner
Reliance Industries bought at least $51 billion of oil from Russia since 2022, prompting accusations from the Ukrainian community that it helped fund the war.
