Strathclyde approves £30m commitment

The Glasgow-based public pension has backed a venture capital fund.

Institution: Strathclyde Pension Fund
Headquarters: Glasgow, UK
AUM: £27.5bn

Strathclyde Pension Fund has confirmed a £30 million commitment to Foresight Regional Investment Fund, according to the pension’s September investment committee meeting minutes.

The pension also announced the commencement of its contract with Hymans Robertson as its investment consultant and law firm Pinsent Masons as legal services provider, effective from 1 July 2021.

As illustrated below, Strathclyde Pension Fund typically makes commitments to private equity funds focused on Western Europe across a variety of sectors and strategies.

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