Institution: Border to Coast Pensions Partnership
Headquarters: Leeds, UK
AUM: £46 billion ($64 billion; €52.9 billion)
Border to Coast Pensions has announced $632.3 million-worth of fund commitments across six private equity vehicles, according to a recent press release.
The commitments comprised of $125 million to GSO Capital Opportunities IV, $104 million to HPS Mezzanine Partners 2019 and $115 million to Ares Capital Europe V, which closed on €11 billion last month.
Further commitments of $100 million to Fortress Credit Opportunities V, to $132.3 million to Barings Europe Private Loan Fund III and $160 million to Churchill Middle Market Senior Loan Fund IV were also made.
As illustrated below, the pension pool’s private equity commitments typically focus on global vehicles in diversified sectors.
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