BT Pension Scheme awards $1bn private equity mandate to Hermes GPE

Kim Kaveh
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BTPS has awarded a $1bn private equity mandate to Hermes GPE
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BTPS has awarded a $1bn private equity mandate to Hermes GPE

The BT Pension Scheme (BSPS) has awarded a $1bn (£777bn) private equity mandate to Hermes GPE, to invest globally.

Hermes GPE - a joint venture with Hermes Investment Management - today (19 November) announced that the money will be invested over three years and split equally between co-investments and funds. A similar...

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