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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