Aware Super has appointed Alex Satchcroft as head of private equity, as part of a broader reshuffle of its investment team under Chief Investment Officer Simon Warner, according to a report by Bloomberg.
Satchcroft will oversee the Australian pension fund’s AUD11bn global private equity portfolio and will report to Jenny Newmarch, head of private markets, who previously led the private equity function. He joined Aware Super in 2023, having previously held roles at Apax Partners in London and Macquarie Group.
The appointment forms part of a wider reorganisation led by Warner, who assumed the CIO role in October following the departure of Damian Graham to Challenger. Earlier this year, the fund also established a new liquidity and markets division.
Aware Super manages approximately AUD235bn in assets. Across Australia’s AUD4.5tn pension system, around 20% of assets are allocated to unlisted strategies, including private equity, private credit and infrastructure.
