From www.investordaily.com.au: Family offices have surpassed superannuation funds as the dominant group of active private capital investors, constituting 40% of this market in 2024, compared to super funds’ 13%.

This shift results from ongoing consolidation in the super sector and a rising number of high-net-worth individuals in Australia.

Despite the decline in super funds’ share, they still manage $2.9 trillion in assets, with a significant allocation to unlisted investments, while Australian private capital funds continue to perform well against global benchmarks.