Institution:Â Border to Coast Pensions Partnership
Headquarters:Â Leeds, UK
AUM: £21.72 billion
Border to Coast Pensions Partnership has approved $518 million in commitments across seven private equity vehicles, according to a press release issued by the retirement fund.
The commitments mark the completion of the pension’s £5.7 billion ($6.8 billion; €6.7 billion) private markets program, which launched in June 2021.
The commitments comprised of $100 million to to StepStone VC Opportunities VII, $246 million to HPS Core Senior Lending Fund II and $172 million to KKR Asset-Based Finance Partners.
As illustrated below, the £21.72 billion UK public pension’s recent private equity commitments have focused on a variety of strategies across North America or the Asia-Pacific region.
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