Schroders Capital reposted this
We are delighted to announce that we are forming a new UK private markets investment manager with Phoenix Group, called Future Growth Capital (FGC). - The first of its kind in the UK to promote the objectives of the Mansion House Compact. - Unlocking investment opportunities in private markets for millions of UK pension savers to benefit from the diversification and investment return opportunities that unlisted assets can offer. - Aiming to deploy a significant allocation of up to £2.5bn over three years from Phoenix Group, in line with its Mansion House Compact ambition, with an initial £1bn commitment. In total, FGC will aim to deploy £10-20 billion of investor funds into private markets over the next decade, to help more people fund a secure and comfortable retirement, whilst supporting businesses to grow and thrive, and reinforcing the UK as an attractive place to invest. 𝗣𝗲𝘁𝗲𝗿 𝗛𝗮𝗿𝗿𝗶𝘀𝗼𝗻, 𝗚𝗿𝗼𝘂𝗽 𝗖𝗵𝗶𝗲𝗳 𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝘃𝗲 𝗢𝗳𝗳𝗶𝗰𝗲𝗿, 𝗦𝗰𝗵𝗿𝗼𝗱𝗲𝗿𝘀, 𝘀𝗮𝗶𝗱: "The UK’s private companies are an untapped universe of investment opportunity. By stimulating investment into our private markets, our partnership will address the multiple challenges of the looming retirement crisis and boosting UK growth. By connecting long-term savers with our country’s most inventive companies, Future Growth Capital will help more people to fund a secure and comfortable retirement, whilst supporting businesses to grow and thrive right here in the UK. In doing so, we’ll be making the UK an even more attractive place to live, work, retire and invest." Read more here: https://okt.to/HE0XSn #privatemarkets #mansionhousecompact #democratisation #retirement #pensions #Schroders
Gerald Brawn
1mo
Good for Schroder fees. Undoubtedly. Good for UK pension savers investment returns ? Less obvious.
Henry Ballmann
1mo
Congratulations dear Schroders Team!
Congratulations Team Schroders!