Asset Management

University pension fund recruits for in-house private equity deal push

UK universities fund joins a trend of big investors doing private equity for themselves

University pension fund recruits for in-house private equity deal push

The UK's biggest pension fund is taking more of its private equity investments in-house, aiming to save some of the £3m a year it currently pays to invest in buyout firms' funds.

The Universities Superannuation Scheme, which manages over £60bn of UK academics and other tertiary education professionals' pensions, invests around £8bn of its assets in private equity funds.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached