Alex Karroum

Alex Karroum is a Director in the Infrastructure team at the Future Fund, Australia’s sovereign wealth fund. He is responsible for infrastructure investment strategy, origination, transaction execution and asset management across Future Fund’s global infrastructure portfolio. Alex manages the Future Fund’s investments in ConnectEast and Transgrid and has extensive experience across digital infrastructure, transport, regulated utilities and energy transition assets. He has over 18 years of investing and transaction experience across Australia and the UK. Alex holds a Bachelor of Commerce from the University of Melbourne, is a CFA charterholder, and is a Graduate Member of the Australian Institute of Company Directors.

Future Fund 

The Future Fund is Australia's sovereign wealth fund.  Our purpose is to invest for the benefit of future generations of Australians.  We were established in 2006 to strengthen the Commonwealth's long-term financial position, and today we are the Australian Government’s largest financial asset.

The Future Fund stands at $289.7bn as at 30 June 2026, reflecting a return of 9.0% pa over the last 10 years against a target of 7.1% pa.  Investment returns have added $229.2bn to the $60.5bn originally contributed by Government after the Fund was set up in 2006.

Alongside the Future Fund we also have responsibility for managing six other public asset funds collectively valued at $66.3bn: the Medical Research Future Fund; the Aboriginal and Torres Strait Islander Land and Sea Future Fund; the Future Drought Fund; the Disaster Ready Fund, the Housing Australia Future Fund and the DisabilityCare Australia Fund.

Altogether, we manage over $356.0bn on behalf of the Australian Government.

The value we add to the funds we manage strengthens the Australian Government’s long-term financial position, supports medical research, assists Indigenous Australians, supports drought resilience and communities impacted by natural disaster, supports acute, social and affordable housing needs, and helps fund Australia’s National Disability Insurance Scheme.