L&G launches DC private markets offer and target date fund range

Firm says private markets fund has already received ‘considerable interest’ from clients

Jonathan Stapleton
clock • 3 min read
António Simões: The access fund will offer DC savers access to high growth investment opportunities; provide innovative funding for communities, society and the real economy; and power L&G’s private markets growth ambitions.
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António Simões: The access fund will offer DC savers access to high growth investment opportunities; provide innovative funding for communities, society and the real economy; and power L&G’s private markets growth ambitions.

Legal & General (L&G) has launched a private markets fund and a target date fund range in a bid to offer defined contribution (DC) members the opportunity to access diversified private markets exposure.

The L&G Private Markets Access Fund – which will be available for DC schemes to invest in directly and via a newly launched range of target date funds, the L&G Lifetime Advantage Funds – will offer...

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