NEST Pensions

Mooted removal of performance fees from the charge cap applied to direct contribution pensions will open up PE and VC to retail investors.

Partners Group and San Bernardino's public pension system are among the latest to mark down their private equity portfolios as valuations begin to follow the fall among their public equivalents. Plus: Why BlackRock could benefit from PE's allocation headache; and UK pension giant NEST has picked its next PE manager. Here's today's brief, for our valued subscribers only.

UK pension manager NEST has remained firm in its decision not to bow to private equity's traditional 2-and-20 fee model. Plus: Which PE funds trade hands most frequently and how the SEC's private funds overhaul could impact PE insurance. Here's today's brief, for our valued subscribers only.

The £24bn defined contribution pension's first-ever PE mandate will make up to 10 investments in small and mid-cap companies.

NEST is set to allocate at least £1bn for the asset class by early next year.

UK pension schemes’ shift towards private markets is supported by policy, regulation and infrastructure, but the pace will depend on fee mechanics and closing the growth capital gap, according to senior execs at Schroders.

Resiliency, repeatability and transparency have become critical as macro shocks intensify, according to panellists from Nest Pensions, Cambridge Associates and Malaysia’s KWAP.

Defined contribution schemes in the UK are forecast to grow to more than £1trn in assets by 2030.

Insurance giant MetLife says fund commitments will likely get smaller and adding new managers will become trickier, given the state of fundraising dynamics. Plus: why the UK's local government pension schemes are bullish on the private markets; and Sequoia India has unveiled a war chest for the region. Here's today's brief, for our valued subscribers only.

The UK government this year gave defined contribution schemes more flexibility to invest in illiquid assets via the long-term asset fund.

This year’s unprecedented buying spree has left many questioning whether private ownership is an appropriate model for the UK’s best-loved brands. Private Equity International examines how private equity is leaving a lasting mark.

The new open-ended fund structure seeks to address defined contribution schemes’ focus on costs at the expense of net returns, according to the Financial Conduct Authority.