Image:
BTPS chief executive Morten Nilsson
The £57bn BT Pension Scheme (BTPS) has awarded a $1bn (£803m) private equity mandate to Federated Hermes to be managed by its specialist global private equity investor subsidiary Hermes GPE.
The mandate is called Horizon III and will be invested over three years, pursuing a global thematically diversified strategy through a joint 50/50 funds and direct co-investment model established. ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
