The Merseyside and Tyne & Wear pension funds have joined as limited partners in the final investment round of Hearthstone Investment Management's ten-year closed-ended private equity fund.
The Hearthstone Residential Fund 1 (HRF1) now includes seven funds within the Local Government Pension Scheme (LGPS). Just over £200m has been invested via the fund which has now announced its final close...
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).