UK pension giants join forces to unlock £1bn for scale-up fund

Scale-up fund will help boost investment in science and technology businesses

Jonathan Stapleton
clock • 4 min read
Prime minister Andy Burnham: This new fund would help unlock good growth in every postcode. Picture by Lauren Hurley / No 10 Downing Street
Image:

Prime minister Andy Burnham: This new fund would help unlock good growth in every postcode. Picture by Lauren Hurley / No 10 Downing Street

A consortium of some of the UK’s largest pension schemes is exploring the establishment of a £1bn-plus UK Scale-up Fund dedicated to investing UK science and technology companies.

The scheme investors considering the move include Railpen, Nest and Local Government Pension Scheme (LGPS) pools such as LGPS Central, LPPI and Border to Coast. As part of this initiative, the B...

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