AustralianSuper ‘to grow infra investments significantly’

One of Australia’s largest superannuation funds has appointed Jason Peasley from boutique advisor Artisan Investment Managers for the newly created position of head of infrastructure. The move is part of the fund’s ‘plan to grow investments in this area significantly over the next few years’.

Jason Peasley is the new head of infrastructure at AustralianSuper, one of Australia’s biggest superannuation funds, a newly created role that signals the “increasing importance of infrastructure for the fund,” AustralianSuper said in a statement.
 
“AustralianSuper currently has over $5 billion in infrastructure assets and we plan to grow investments in this area significantly over the next few years,” Mark Delaney, chief investment officer at the superannuation fund, said in a statement.
 
Peasley brings more than 16 years of experience in infrastructure investment to AustralianSuper. He was most recently the founder and director of Artisan Investment Managers, a boutique infrastructure adviser and operator. Prior to that, Peasley was a director and head of transactions at Hastings Fund Management and a director of infrastructure at Deutsche Bank. He will report to  Delaney.
 
Delaney gave an indication of the type of infrastructure investments AustralianSuper will be focusing on going forward:
 
“AustralianSuper currently invests in assets, such as Pacific Hydro, which are projects on a scale of national importance. We are looking to increase our holdings in assets of this scale and significance in the future.” Pacific Hydro calls itself “the world's leading clean energy independent power producer” with close to 2,000 megawatts of hydropower and wind farm projects across Australia, Chile, Brazil and the Philippines.
 
AustalianSuper has $32 billion in funds under management. It counts 1.5 million members drawn from more than 120,000 workplaces.