Rest has appointed Marina Pasika as acting head of private markets while making a strategic A$250 million co-investment in STORE Capital's operating business to enhance its real estate portfolio.

Target Information

Rest, an influential Australian superannuation fund, has appointed Marina Pasika as the acting head of private markets. This decision follows Simon Esposito's departure in October 2023, who has transitioned to a role at private equity firm CVC Capital Partners. Pasika previously served as the head of growth alternatives at Rest and has been with the fund since 2020, where she held the position of head of private equity for nearly three years.

Throughout her career, Pasika has gained substantial experience in financial markets. Her professional journey began as an analyst at Goldman Sachs & Partners in Australia, where she worked for almost three years. She further honed her expertise as a manager for private equity at Future Fund, where she served for nearly a decade.

Industry Overview

The superannuation industry in Australia plays a critical role in the country's financial landscape, characterized by significant growth and evolving regulatory frameworks. Superannuation funds, like Rest, are designed to assist Australians in saving for reti