• Home
  • About Us
  • Contact
  • Subscribe
  • Your Account
No Result
View All Result
Saturday, April 1, 2023
Alternatives Watch
  • Hedge Funds
    • Manager News
    • Mandates
    • Service Provider News
    • CTAs/Managed Futures
  • Private Equity
    • Manager News
    • Mandates
    • Service Provider News
  • Private Credit
    • Manager News
    • Mandates
    • Service Provider News
  • RE/Infrastructure
    • Manager News
    • Mandates
    • Service Provider News
  • Investor News
    • Endowments and Foundations
    • ESG
    • Pensions
    • Platforms
    • Consultants
  • Research
    • Investor Scorecard
    • Manager Scorecard
  • Subscribe
  • Log In
  • Hedge Funds
    • Manager News
    • Mandates
    • Service Provider News
    • CTAs/Managed Futures
  • Private Equity
    • Manager News
    • Mandates
    • Service Provider News
  • Private Credit
    • Manager News
    • Mandates
    • Service Provider News
  • RE/Infrastructure
    • Manager News
    • Mandates
    • Service Provider News
  • Investor News
    • Endowments and Foundations
    • ESG
    • Pensions
    • Platforms
    • Consultants
  • Research
    • Investor Scorecard
    • Manager Scorecard
  • Subscribe
  • Log In
No Result
View All Result
Alternatives Watch
No Result
View All Result

BT Pension Scheme invests $1bn in PE

Susan BarretobySusan Barreto
May 17, 2022
in Investor News, Open Access, Pensions
BT Pension Scheme invests $1bn in PE

By erika8213/Envato Elements

ShareTweetShareSendSend

One of the UK’s largest pension funds, the £57 billion ($71 billion) BT Pension Scheme (BTPS), tapped Federated Hermes for a $1 billion private equity mandate.

The mandate with Horizon III will be invested over three years and managed by Hermes GPE LLP, a specialize global private equity investor and wholly owned subsidiary of Federated Hermes. The fund will pursue global thematically diversified strategy through a proven 50/50 funds and direct co-investment model established following similarly sized investment allocations managed for BT – Horizon I in 2015 and Horizon II in 2018.

“The Horizon Mandates have delivered consistent, sustainable returns for the Scheme throughout market cycles,” said Morten Nilsson, chief executive officer for BT Pension Scheme Management, in a statement. “Horizon III demonstrates our continued commitment to this asset class with investments that meet our long-term sustainability goals.”

The private equity arm of Federated Hermes, Hermes GPE has been building private equity portfolios for the pension system since the 2000s.

“Our dynamic investment approach combines top-down macroeconomic considerations with bottom-up detailed research that clearly resonates with BTPS and we work closely with its investment team to ensure private equity plays an effective role in the scheme’s asset allocation strategy,” said Peter Gale, chief investment officer and head of Hermes GPE.

The firm has invested more than $11 billion across almost 300 funds and more than 260 co-investments. The firm’s thematic strategy is centered on generating risk-adjusted returns via opportunities created by our global economic megatrends largely independent underlying economic cycles: the net zero economy; accelerating technological innovation; demographic and societal change and the global center of gravity shift.

“BTPS is an important customer across our private markets platform and the Horizon III mandate demonstrates BTPS’s continued confidence in the ability of Federated Hermes to deliver its investment objectives in a very competitive global private equity market,” said J. Christopher Donahue, president and chief executive officer at Federated Hermes in a statement.

ShareTweetShareSendSend
Previous Post

Varenne Capital boosts operations

Next Post

10T Holdings names president

Related Posts

Rhode Island adds PE commitments, considers RE funds
Pensions

Rhode Island adds PE commitments, considers RE funds

LongRange hires for business development
Private Equity

LongRange hires for business development

Accel-KKR collects $5.3bn for latest buyout offerings
Investor News

Accel-KKR collects $5.3bn for latest buyout offerings

OCIO Hirtle Callaghan recommends increased private credit allocations as yields soar
Consultants

OCIO Hirtle Callaghan recommends increased private credit allocations as yields soar

New Mexico SIC adds over $420m to credit, PE
Pensions

New Mexico SIC adds over $420m to credit, PE

Next Post
10T Holdings names president

10T Holdings names president

Log In/Out

Lost your password?

Search the AW Archives

No Result
View All Result

Recent News

Credit leads the day via Apollo

Credit leads the day via Apollo

Houlihan Lokey launches Brazil office, hires to expand LatAm presence

Houlihan Lokey launches Brazil office, hires to expand LatAm presence

Allocators revisit tail hedge strategies after market turmoil

Allocators revisit tail hedge strategies after market turmoil

Rhode Island adds PE commitments, considers RE funds

Rhode Island adds PE commitments, considers RE funds

Be an Alts Insider

Sign up for your FREE daily alts news briefing

Subscribe

Subscribe to AW
Alternatives Watch

© 2019-2022, All Rights Reserved  |  BMV Digital

Navigate Site

  • Investor News
  • Private Equity
  • Private Credit
  • Hedge Funds
  • Real Estate/Infrastructure
  • Subscribe
  • Your Membership
  • Terms of Service
  • Privacy Policy

Follow Us

No Result
View All Result
  • Hedge Funds
    • Manager News
    • Mandates
    • Service Provider News
    • CTAs/Managed Futures
  • Private Equity
    • Manager News
    • Mandates
    • Service Provider News
  • Private Credit
    • Manager News
    • Mandates
    • Service Provider News
  • RE/Infrastructure
    • Manager News
    • Mandates
    • Service Provider News
  • Investor News
    • Endowments and Foundations
    • ESG
    • Pensions
    • Platforms
    • Consultants
  • Research
    • Investor Scorecard
    • Manager Scorecard
  • Subscribe
  • Log In

© 2019-2022, All Rights Reserved  |  BMV Digital

Lost your password?

Be an alts insider

Start your days in the know with our free newsletter

No, I don't want to be an alts insider

Thank

You!

Follow us
on LinkedIn

This Website Uses Cookies
We use cookies on our website to provide necessary functions. By clicking “Accept”, you consent to the use of all strictly necessary cookies.
Do not sell my personal information.
Cookie Settings Accept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Save & Accept
Powered by CookieYes Logo