Pension providers partner with British Business Bank on growth fund

British Growth Partnership Fund targeting £200m first close by the end of the financial year

Martin Richmond
clock • 3 min read
British Business Bank CEO Louis Taylor: Today’s announcement brings us one step closer to mobilising institutional capital at scale into the UK’s fastest growing companies
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British Business Bank CEO Louis Taylor: Today’s announcement brings us one step closer to mobilising institutional capital at scale into the UK’s fastest growing companies

Aegon UK, NatWest Cushon and M&G have been confirmed as partners for the first close of the British Business Bank’s British Growth Partnership Fund I, subject to final terms and relevant approvals.

The British Business Bank said the fund, which was unveiled by chancellor Rachel Reeves at the International Investment Summit last year, will encourage more UK pension fund and other institutional...

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