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UK public pension funds launch £10bn private-markets drive

200 fund managers flock to Leeds to get a look-in on what could become one of the UK's largest private markets programmes

The iconic Victorian-era town hall in Leeds, where the Border to Coast Pensions Partnership is headquartered
The iconic Victorian-era town hall in Leeds, where the Border to Coast Pensions Partnership is headquartered Photo: Getty Images

The Border to Coast Pensions Partnership, one of the eight new authorities formed to manage £250bn of the UK’s public sector retirement savings, has launched a suite of private equity and infrastructure funds that is expected to grow to £10bn.

The Border to Coast organisation, which will manage £44bn of pension money for 12 local councils from Northumberland to Surrey, announced the new programme on July 17.

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