BT scheme doubles private equity exposure

Stephanie Baxter
clock •

BT Pension Scheme has almost doubled its exposure to private equity through Hermes Gartmore Private Equity (GPE).

The £1bn will be invested globally over three years, split evenly between funds and co-investments. The fund had invested a similar amount in private equity with Hermes GPE in 2011, and by 2014 ...

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