Institution: Border to Coast Pensions Partnership
Headquarters: Leeds, United Kingdom
AUM: £21.72 billion
Allocation to alternatives: 13.8%
Border to Coast Pensions Partnership has approved $798 million in commitments across five private equity vehicles, according to a press release issued by the pension.
The commitments comprise of $140 million to Insight Partners XII, $140 million to Baring Asia Private Equity Fund VIII, $208 million to Ares Senior Direct Lending Fund II, $180 million to HarbourVest Partners Co-Investment Fund VI and $130 million to Strategic Value Special Situations Fund V.
As illustrated below, the £21.72 billion ($29.9 billion; €26 billion) UK public pension’s recent private equity commitments have focused on venture capital/growth equity, buyout/corporate private equity, co-investment and mezzanine/debt strategies.
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