By the very nature of their large size, superannuation funds have a lot of weight in the financial space. This article from the Australian Financial Review highlights the role that superannuation funds can play in boosting the venture capital industry and providing more funds for start-ups. In particular, Australian super funds that have already been experimenting by putting just a small percentage of their overall holdings towards venture capital have been responsible for a lot of success – Booster in NZ is trying something similar, but there is definitely scope for more superannuation funds to get on board. Read more here:
https://www.afr.com/technology/technology-companies/super-will-help-fund-the-next-wave-of-unicorns-20190331-p519be