UK - The circa £3.6bn (US$6.9bn) London Pensions Fund Authority (LPFA) has awarded incumbent manager European Credit Management (ECM) £25m.
ECM will handle the investment as part of the LPFA active sub-fund's new opportunistic allocation for non-quoted securities, which accounts for up to 5% of assets and sits alongside a satellite fun...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date