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 . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
Monthly
$30
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Annual
$300
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators
