Pillar Administration has a new chief executive, following the departure of Peter Beck.
Beck confirmed his departure this week to pursue private business interests.
Super Review understands that Beck has been succeeded by former Pillar CEO, Peter Cormack, who returned to the administrator earlier this year.
Private market assets in super have surged, while private debt recorded the fastest growth among all investment types.
The equities investor has launched a new long-short fund seeded by UniSuper, targeting alpha from ASX 300 equities using AI insights.
The fund has strengthened efforts to boost gender diversity, targeting 40:40:20 balance across its investment teams by 2030.
The lower outlook for inflation has set the stage for another two rate cuts over the first half of 2026, according to Westpac.