USS sells 40% of ownership in Moto to private equity partner

Stephanie Baxter
clock

Universities Superannuation Scheme (USS) has sold 40% of its shareholding in Moto Group to funds advised by CVC Capital Partners (CVC) after acquiring the company just two months ago.

This move means that CVC and USS will invest as partners in the UK's largest motorway service station operator. USS took 100% ownership of Moto in October as the scheme sought to build out its d...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Nest awards £450m private credit mandate to Crescent Capital

Nest awards £450m private credit mandate to Crescent Capital

Direct lending mandate to invest in secured, first-priority loans to US private companies

Jasmine Urquhart
clock 13 April 2026 • 1 min read
LAPFF backs shareholder resolution at BP as climate risks escalate

LAPFF backs shareholder resolution at BP as climate risks escalate

LGPS body also recommends vote against BP’s chair amid ‘serious governance concerns’

Jonathan Stapleton
clock 09 April 2026 • 2 min read
Schemes urged to integrate UK social bonds within default strategies

Schemes urged to integrate UK social bonds within default strategies

CTI says move would align objectives with measurable social impact

Holly Roach
clock 09 April 2026 • 2 min read
Trustpilot