The UK’s largest workplace pension scheme, Nest, this week appointed Boston-based HarbourVest Partners to help it invest in private equity.
The new private equity mandate will play a key role in helping Nest invest at least £1.5 billion ($1.8 billion) in private equity by early 2025; Nest has a 5% longer-term PE investment target.
The National Employment Savings Trust (Nest) is a defined contribution workplace pension scheme. It was established as part of the government's workplace pension reforms under its Pension Act of 2008. It . . .
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