Future Fund Board of Guardians
The roles and responsibilities of the Future Fund Board of Guardians (the Board) are set out in the enabling legislation, the Future Fund Act 2006. The Board is collectively responsible for the investment decisions relating to the Future Fund, the Medical Research Future Fund, the Aboriginal and Torres Strait Islander Land and Sea Future Fund, the Future Drought Fund, the Emergency Response Fund, and the DisabilityCare Australia Fund, and is accountable to the Government for the safekeeping and performance of the Funds. As such, the Board's primary role is to set the strategic direction of the investment activities of the Funds in accordance with the legislation and with the investment mandate issued by the Government, for each Fund. The Board is supported in its functions by the Future Fund Management Agency (the Agency).
Type of Body
E. Statutory Office Holder Offices and Committees
Established By / Under
Act / Regulation
Established By/Under More info
Future Fund Act 2006
Max No. of Board/Committee Members
Annual Report Prepared and tabled?
23 March 2006
Current board appointments
|Position||Appointee||Start Date||End Date|
|Chair||The Hon. Peter Costello AC||4 February 2019||3 February 2024|
|Member||Mr. Michael Wachtel||3 April 2021||2 April 2025|
|Member||Dr. Deborah Ralston||15 September 2021||14 September 2026|
|Member||Mr. John Poynton AO||4 February 2019||3 February 2024|
|Member||Mrs. Patricia Cross||11 May 2021||10 May 2026|
|Member||Ms. Carolyn Kay||14 April 2020||13 April 2023|
|Member||Mr. John Fraser||12 November 2018||11 November 2023|
Other boards and structures
- Access Opportunity LP
- Adams Street Global Opportunities Secondary Fund II-A, L.P.
- Adams Street Partnership Fund - 2009 Non-US Emerging Markets Fund-A, L.P.
- ADT MMC 2018 (F) Blocker LLC
- Advent International GPE VII-F L.P.
- AFF Feeder SCSp
- Archer Capital GF Trust 2C
- Archer Capital Trust 5C
- Ares Credit Strategies Feeder Fund III L.P.
- Ares Credit Strategies Feeder III UK, LP
- Ares Credit Strategies Fund III, L.P.
- Ares CSF III Luxembourg SARL
- Ares Private Debt Strategies Fund III, L.P.
- ASP Offshore Company Limited - 2009 Non-US Emerging Markets Fund-A
- ASP Offshore Company Limited - Global Opportunities Secondary Fund II-A
- Athanor International AUD Fund, Ltd
- Athanor International Fund 2, Ltd
- Atom Overseas Ltd
- AU Special Investments II, L.P.
- AU Special Investments, L.P.
- AU VC, L.P.
- Bain Capital Credit Holdings Investors (MRF), LP
- Bain Capital Distressed and Special Situations 2016 (F), LP
- Bain Capital Distressed and Special Situations 2016 (F-EU), L.P.
- Bain Capital Distressed and Special Situations 2019 (F), LP
- Bain Capital Middle Market Credit 2010 (Offshore II Master), L.P.
- Bain Capital Middle Market Credit 2010 Investors (Offshore II), Ltd
- Bain Capital Middle Market Credit 2014 (F), LP
- Bain Capital Middle Market Credit 2018 (F), LP
- Baymount Master Fund LP
- Baymount Offshore Fund I (AUD) Ltd
- BCC Distressed & Special Situations (F) Holdings LP
- BCC DSS 2019 Holdings (F), L.P.
- BCC DSS 2019 US Holdings (F), LLC
- BCC Foreland Holdings (E), LLC
- Berkshire FF Multifamily Co-Investment Fund, L.P.
- Berkshire FF Multifamily Co-Investment REIT
- Bienville FF Master Fund LP
- Bienville FF Offshore Fund Ltd
- Blue Jay Fund Ltd
- Blue Jay Reinsurance Ltd
- Bridgewater Pure Alpha Fund III Ltd
- Brookfield Real Estate Partners F L.P.
- BSREP III Australia AIV LP
- BSREP III Australia Sub LP
- BSREP THG AIV A-FF Australia LP
- BSREP THG AIV A-FF2 Australia LP
- Bulk Maritime Partners III Ltd
- Burnet Core Portfolio Fund, Ltd
- Burnet Discretionary Portfolio Fund, Ltd
- Clocktower FF LP
- ClockTower MRFF LP
- Co-Investment Fund (Parallel) LP (formerly BlackRock Co-Investment Fund III (Parallel) L.P.)
- Columbia Capital Equity Partners VII (NON-US) LP
- CP Venture I, LP
- Dymon Asia Multi-Strategy Investment Fund
- Elementum Eccles Fund Ltd
- Elementum Tranquillius Fund Ltd
- EMD Flexi Dynamic Australian Feeder Fund
- EMD2 Flexi Dynamic Australian Feeder Fund
- Epicentre Co-Investment 1 LP
- Fairchild Offshore Fund II L.P.
- FF Bearcat Holdings LP
- FFH No.3 Trust
- FRM Argyle Limited
- Future Fund Investment Company No.1 Pty Ltd
- Future Fund Investment Company No.2 Pty Ltd
- Future Fund Investment Company No.3 Pty Ltd
- Future Fund Investment Company No.4 Pty Ltd
- Future Fund Investment Company No.5 Pty Ltd
- Future Fund Investment Company No.6 Pty Ltd
- Garrison Real Estate Fund II A L.P.
- GIP II - D1 Intermediate (Scot), L.P.
- GIP II D1 Holding I L.P.
- GIP II D3 Holding 1 (Eagle US) LLC
- GIP II D5 Holding I (FLNGI Option Offshore), L.P. Inc.
- GIP II D6 Holding 1 (FLNG U.S.), LLC
- GIP II D7 Holding 1 (CPV U.S.), LLC
- GIP II D8 Holding 1 (Blue U.S.), LLC
- GIP II-D1 AIV Unit Trust
- GIP II-D1 Intermediate CPV AIV 1, L.P.
- GIP II-D1 Intermediate Eagle AIV 1 L.P.
- Glen Point Emerging Markets Fixed Income Fund Limited
- Glen Point Global Macro Fund Limited
- Global Hedged Strategies Fund Ltd
- Global Infrastructure Partners - Co-Invest IV L.P.
- Global Infrastructure Partners II-D1, L.P.
- Global Infrastructure Partners II-D2, L.P.
- GMO Allegro Trust
- GPE VI-A OT Co-Investment L.P.
- GPE VII-A OT Co-Investment L.P.
- Greenspring GE (Offshore) , L.P.
- Greenspring GE II (Offshore), L.P.
- Greenspring GE III Master LP
- Greenspring GE IV Master LP
- Greenspring Growth Equity II (Cayman), L.P.
- Greenspring Growth Equity II, L.P.
- Greenspring Growth Equity IV, L.P.
- Greenspring Growth Equity, L.P.
- Greenspring Master MR, L.P
- GREF II A Holdings LLC
- GREF II A REO LLC
- Greystar GEPE Feeder (UK) I LP
- GWII Unit Trust 2
- Hayfin Opal 2020 (A) LP
- Hayfin Opal 2020 (B) LP
- Hayfin Opal Holdings Limited
- Hayfin Opal III LP
- Hayfin Opal Luxco 1 SARL
- Hayfin Opal Luxco 2 SARL
- Hayfin Opal Luxco 3 SARL
- Heathcote Fund Ltd
- HERE Co-Investment Feeder Fund I, L.P.
- HERE Co-Investment Fund I, L.P.
- Highstar Capital IV-A L.P.
- Highstar Linden CIV B Holdco LLC
- Highstar Linden CIV II-B LLC
- Hillwood EU Industrial Club III SCS
- Horsley Bridge Strategic Fund, L.P.
- Infrastructure Co-Investment Partners III (F) L.P.
- Ionic Volatility Arbitrage Fund III Ltd
- Ionic Volatility Arbitrage Master Fund III Ltd
- Key Square International Fund II Ltd
- Lake Constance CI Ltd
- Lake Constance LP
- Lantau Overseas Fund II, L.P.
- Lantern Co-Investment Partners (F) L.P.
- Lantern Co-Investment Partners (F-II) L.P.
- Macro Themes Investors (Cayman) Ltd
- Magdalena Investors (Cayman), Ltd
- Man Opal Fund Limited
- Melbourne Holdings 1, L.P.
- Melbourne Holdings 2, L.P.
- Melbourne Holdings 8, L.P.
- Metropolitan Fund L.P.
- Motive InvestCloud Co-Investment LP
- MRFF Investment Company No.1 Pty Ltd
- MRFF Investment Company No.2 Pty Ltd
- North Haven Real Estate Fund VIII Co-Investments No.1 LP
- Oaktree FF Emerging Markets Opportunities Fund (Feeder), L.P
- Oaktree FF Emerging Markets Opportunities Fund, L.P
- Oaktree FF Investment Fund AIF (Delaware), L.P.
- Oaktree FF Investment Fund AIF Restructuring AIF (Delaware), L.P.
- Oaktree FF Investment Fund Class F Holdings, L.P.
- Oaktree FF Investment Fund Restructuring AIV (Cayman), L.P.
- Oaktree FF Investment Fund, L.P.
- Oaktree FF-A (Cayman) 1 CTB Ltd.
- OCM DB Holdings 1, Ltd.
- OCM FFF Holdings CTB, LLC
- OCM FFF Holdings Ltd.
- OCM Luxembourg OPPS FFF SARL
- OHA FD Custom Credit AIV LP
- OHA FD Custom Credit Fund BL LP
- OHA FD Custom Credit Fund BL Subsidiary LP
- OHA FD Custom Credit Fund LP
- Olympus Peak Trade Claims Opportunities Fund I Offshore LP
- Pacific Alliance-FF Asia Special Situations Fund L.P.
- Pacific Alliance-FF Feeder Fund L.P.
- Pendal High Alpha Fixed Income Fund (Formally BT High Alpha Fixed Income Fund)
- Pendal Pure Alpha Fixed Income Trust
- QS FF Emerging Markets Feeder L.P.
- QS FF Emerging Markets II Feeder, L.P.
- QS FF Emerging Markets II, L.P.
- QS FF Emerging Markets L.P.
- Quadrant Private Equity A2C Co-Investment Trust
- Quadrant Private Equity No.3C
- Quadrant Private Equity No.4C
- Quadrant Private Equity No.5C
- Quadrant Private Equity No.6C
- Quadrant Private Equity No.7C
- Queenscliff Trust
- RCP FF Small Buyout Co-Investment Fund II, L.P.
- RCP FF Small Buyout Co-Investment Fund III, LP
- RCP FF Small Buyout Co-Investment Fund, L.P.
- Schonfeld Strategic AWF Fund LP
- Seidler Equity Australia I L.P.
- SEIF II Co-Invest FF LLC
- Sorrento Trust
- Squarepoint Atlas US Feeder LP
- Starwood Energy Infrastructure II Canada LP
- SWG Arlington IV-A FIV Sub, LLC
- SWG Griffith IV-A FIV Sub, LLC
- SWG IV-A Interco LLC
- Torq Asia Opportunities Offshore Fund Ltd.
- Worden Fund, L.P.