TCorp Overview TCorp, or the New South Wales Treasury Corporation, is a financial services partner to the NSW public sector. Established in May 1983 under the Treasury Corporation Act 1983, it operates as a wholly owned entity of the state of NSW and is part of the NSW Treasury cluster[2][3]. TCorp is headquartered in Sydney and serves as the central borrowing authority for the state of NSW, managing a balance sheet of $193 billion and assets under management of $116 billion[2][3]. Key Functions - Investment Management: TCorp provides investment management services to various clients, including sovereign wealth funds like the NSW Generations Fund and the NSW Infrastructure Future Fund, as well as public pension funds such as State Super[1][2]. - Financial Management: It offers financial management solutions and advice to the NSW Government, aiming to deliver sustainable returns and financial efficiencies[5]. - Central Borrowing Authority: TCorp acts as the central borrowing authority for NSW, enabling it to raise and manage funds for the state's needs[2][3]. Regulatory Framework TCorp's activities are regulated by the Government Sector Finance Act 2018, and it operates with the same legal capacity as a company under the Corporations Act 2001 (Cth)[2]. This allows TCorp to engage in borrowing, investment, and financial management activities effectively.