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CSC taps digital infrastructure as star performer

Infrastructure Investor •
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Glenn Riley, head of private markets at Commonwealth Superannuation Corporation (CSC), told a panel at the inaugural Sydney PEI Investor Council that the pension fund’s digital assets have outperformed every benchmark they examined. He highlighted the sector’s ability to generate strong, consistent returns for the fund’s long‑term portfolio.

Riley said infrastructure now comprises roughly 9 percent of CSC’s total assets, a share that reflects a deliberate tilt toward stable, income‑generating projects. He added the fund is actively scouting co‑investment opportunities and fresh fund commitments beyond Australia to deepen its exposure to the sector.

Digital towers, fiber networks and edge‑computing facilities have attracted capital as data demand spikes, and CSC’s experience mirrors a broader shift among sovereign‑wealth funds toward tech‑linked infrastructure. Strong cash flows and inflation‑linked rents make the asset class attractive amid tighter monetary conditions, prompting more pension schemes to reassess allocations.

Riley concluded that expanding digital infrastructure stakes will sharpen CSC’s risk‑adjusted return profile and give Australian retirees exposure to a growth engine that outpaces traditional road or utility projects. The fund’s next moves will test how quickly it can scale this niche within its broader portfolio.