Australian superannuation fund Aware Super has appointed Jenny Newmarch as head of private markets, a newly created role within the organization. Newmarch, who previously served as global head of private equity at the fund, will report directly to CIO Simon Warner in her expanded capacity.

This strategic move reflects Aware Super's commitment to strengthening its private markets capabilities amid growing institutional interest in alternative assets. The creation of a dedicated private markets division signals the fund's intention to consolidate and expand its investments across private equity, infrastructure, and other alternative asset classes.

The appointment comes as superannuation funds globally increase allocations to private markets to generate higher returns for members. Newmarch's promotion from within demonstrates Aware Super's focus on developing internal talent while building specialized expertise in this increasingly important investment category.