Good evening,

Aware Super, the country’s third-largest superannuation fund, has hired two private capital heavy-hitters to provide oversight of its investment portfolio as it punches past $190 billion.

Sue Brake, who has previously served as the now-$230 billion Future Fund’s chief investment officer, has agreed to join Aware Super’s investment committee, alongside Macquarie stalwart Grant Smith, who until last year had headed Macquarie’s infrastructure and real assets investment portfolio in Australia and New Zealand.

Both have been appointed for an initial period of two years, and will oversee the management of the investment portfolio as well as advise Aware Super’s board.

Read the full story tomorrow and more on the Street Talk page.

• BAFO alert: One more round for Scape, GIC in $3 billion Aveo sale
• Land lease giant GemLife tests appetite for IPO; tees up roadshow
• Goldman Sachs veteran named Bank of America head of ECM
• PEP dealmaker throws weight behind shareholder transparency start-up
• EQT Partners weighs refinancing at Fitness Passport
• Citi energy and utilities research lead snares corporate gig

• StrongRoom AI administrators launch firesale despite freezing order
• Kelsian Group puts tourism assets up for sale after new CEO starts
• Star turns to US casino giant Bally’s as $750 million lifeline fails
• Phil King’s Regal writes Opthea to zero and backs off risky bets
• DAZN to take control of Foxtelas $3.4 billion deal goes through

Street Talk can reveal GemLife’s owners, Queensland’s Puljich family and Thakral Capital, have mandated JPMorgan and Morgan Stanley to tee up introductory meetings with listed equities investors. Long-time adviser Highbury Partnership is acting as financial adviser.

The Australian sharemarket edged higher on Wednesday as a sharp rally in property stocks helped to offset losses in the mining giants ahead of US President Donald Trump’s highly anticipated tariff announcements.

Click here for the latest equity market wrap.