Key Takeaways
- • Serge Allaire, head of private equity at Australian pension fund CBUS Super, is set to join external investment manager Roc Partners, according to people familiar with the matter (Bloomberg).
- • CBUS manages more than A$115 billion (about $80.7 billion), and Allaire has led its private equity program since February 2021.
- • Before CBUS, Allaire spent eight years as a portfolio manager at MLC Private Equity.
Summary
Serge Allaire, the head of private equity at CBUS Super, one of Australia's largest pension funds, is set to join Roc Partners, one of CBUS's external investment managers, according to people familiar with the matter, as reported by Bloomberg on October 26, 2026. The report was updated later the same evening.
Allaire has headed private equity at CBUS, which manages more than A$115 billion ($80.7 billion), since February 2021. Before joining the pension fund, he worked for eight years as a portfolio manager at MLC Private Equity.
The move represents a senior personnel shift between a major institutional allocator and one of its existing managers. The source material does not specify Allaire's future title at Roc Partners, the timing of the transition, or CBUS's succession plans for the private equity role.
Allaire has headed private equity at CBUS, which manages more than A$115 billion ($80.7 billion), since February 2021. Before joining the pension fund, he worked for eight years as a portfolio manager at MLC Private Equity.
The move represents a senior personnel shift between a major institutional allocator and one of its existing managers. The source material does not specify Allaire's future title at Roc Partners, the timing of the transition, or CBUS's succession plans for the private equity role.
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