SMSF Wholesale Allocation to Private Markets

Why SMSFs Are Increasingly Active

Rising balances above the wholesale threshold under sections 708 and 761G of the Corporations Act have made structured private-market allocation a credible option for many SMSF trustees.

Sole-Purpose Test and Sizing

Allocations consistent with long-duration capital appreciation are generally compatible with section 62 of the SIS Act. Sleeve sizing typically sits at a low single-digit percentage of total fund assets.

Which Names Suit SMSF Allocation

Larger, governance-mature names — SpaceX, OpenAI, Stripe, Anthropic — are the most commonly discussed in trustee conversations. All positions are held inside the investor platform in audit-ready format.

SpaceX Pre-IPO OpenAI Pre-IPO Stripe Pre-IPO Anthropic Pre-IPO IPO Index Investor Platform Pre-IPO Operating Manual Private Equity Access