DENMARK - The private equity arm of pension fund ATP has launched a new €1bn ($1.3bn) fund backed fully by the pension scheme.
The ATP PEP IV fund will target 20-25 investments mainly in buyout and growth capital funds, with the rest targeting secondary, distressed and venture funds. The typical commitment will total €50m. Geographically, the fund will focus up to 90% on Europe and the US.
ATP Private Equity Partners manages €6.9bn including the PEP IV fund.
In this week's Pensions Buzz, we want to know whether or not you believe that business facing financial distress should be able to suspend their auto-enrolment contributions to avoid rising costs.
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.