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...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Schroders refocuses UK institutional team amid partnership approach push

Schroders refocuses UK institutional team amid partnership approach push

Asset manager prepares for a future of fewer, but far larger, pots of pension capital

Jonathan Stapleton
clock 27 July 2026 • 5 min read
BlackRock expands impact offering through collab with Phenix Capital Group

BlackRock expands impact offering through collab with Phenix Capital Group

Offering will help clients translate impact objectives into investable portfolios

Jonathan Stapleton
clock 23 July 2026 • 2 min read
Partner Insight: Can stewardship shape real world outcomes for pension funds?

Partner Insight: Can stewardship shape real world outcomes for pension funds?

Royal London Asset Management
clock 23 July 2026 • 5 min read
Trustpilot