For asset allocators to unlisted investments
How TPTIM approaches the Mansion House Accord
TPT Investment Management investment director sets out his thinking on making allocations to meet government objectives – and do best by members
How AI is reshaping private markets
AI is accelerating change across private equity and credit, forcing investors to reassess risk, resilience and operational alpha
In defence of our rules-based order
Asset owners need to appreciate that their return targets and responsible investment aims all depend on the nation maintaining sufficient resilience and defensive capabilities.
Is private credit in turmoil?
The asset class has regularly been in the headlines and the concerns are legitimate – but these issues can also be interpreted as signs that the sector is maturing.
Can net zero and fiduciary duty be reconciled?
As political pressure on pension capital rises, pension scheme trustees are being forced to resolve the tension between sustainability aims and maximising returns.
TPT’s superfund and CDC push signals wider potential for private markets
TPT’s expansion into alternative structures for pension funds highlights how larger allocations to illiquid assets can be utilised during the retirement phase
Railpen’s Anna Rule on private markets and pensions policy
Private Markets Profile caught up with Anna Rule to discuss the main talking points of the Pensions UK Investment Conference
UK venture funding ecosystem takes shape
Multi-pronged approach seeks to overcome the traditional reliance on overseas pension scheme capital
Issues
Upcoming conferences
Longview Networks’ Insurance Investment Forum
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The Chesterfield Mayfair, London, W1J 5EB,
Private Markets Profile’s Defined Contribution Forum
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The Chesterfield Mayfair, London, W1J 5EB,
Private Markets Profile’s Private Credit Forum
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Saddlers' Hall, 40 Gutter Ln, London, EC2V 6BR,
Room151’s LGPS Private Markets Forum
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Park Regis, Birmingham, B15 1DT,
Mandation row highlights divide over control of pensions capital
£400 billion in DC savings is a tempting target for a government struggling to fund its preferred causes and achieve economic growth, so the…

Inside NATO’s push to build a DSR tech venture ecosystem
The €1bn NATO Innovation Fund is deploying venture capital to support dual-use technologies, as governments seek to accelerate defence, stability and resilience innovation.
How asset-based finance can add to insurance portfolios
Corrado Pistarino, chief investment officer of Foresters Friendly Society, sets out how ABF provides the selective harvesting of differentiated risk premia.
Natural capital moves from ESG theme to key portfolio allocation
Investors see natural capital assets such as timberland evolving from a values-driven allocation into a tool for diversification, climate resilience and new revenue streams.

LPs adopt PE secondaries as core liquidity tool
Record-low distributions have forced investors to rethink private equity liquidity, with secondaries and continuation vehicles increasingly being used as portfolio management tools.
Private credit enters late-cycle phase with shift to manager alpha
Leading institutional investors say capital inflows and spread compression are reshaping private credit – but disciplined underwriting and structural complexity still offer opportunity as the cycle matures.
Most popular articles
Inside Mercer’s blueprint for private markets in DC
From co-investment-heavy portfolios to equity-based liquidity management, Mercer is using scale across its DC platform to embed private markets into its default strategy. Mercer…
Inside NATO’s push to build a DSR tech venture ecosystem
The €1bn NATO Innovation Fund is deploying venture capital to support dual-use technologies, as governments seek to accelerate defence, stability and resilience innovation.
Is private credit in turmoil?
The asset class has regularly been in the headlines and the concerns are legitimate – but these issues can also be interpreted as signs that the sector is maturing.
Inside Phoenix Group’s push to scale private markets across annuities and DC
As buyout volumes surge and DC reform gathers pace, Phoenix is building an integrated private markets platform to source assets at scale and sharpen its competitive edge.
LPs adopt PE secondaries as core liquidity tool
Record-low distributions have forced investors to rethink private equity liquidity, with secondaries and continuation vehicles increasingly being used as portfolio management tools.

From EM risk into institutional-grade opportunity
EBRD CFO explains how additionality, on-the-ground presence and structured risk-sharing have allowed it to crowd in private capital to create wide-ranging impacts
Sir Nicholas Lyons: Mansion House target is only a ‘staging post’
Standard Life chairman calls for DC fund signatories to more than double 10% private markets allocations Standard Life chairman Sir Nicholas Lyons used a…
Institutional capital moves closer to funding UK scale-ups as vehicles take shape
UK scale-ups continue to raise less capital than US peers, but pension funds and asset managers say new vehicles are emerging to bridge the £50m-plus funding gap.

Inside Mercer’s blueprint for private markets in DC
From co-investment-heavy portfolios to equity-based liquidity management, Mercer is using scale across its DC platform to embed private markets into its default strategy. Mercer…
Active management comes for private credit
As direct lending matures and other private credit areas expand, active investors can apply relative value strategies across sectors – and even entire markets – to pursue enhanced outcomes. By PIMCO’s Jason Steiner, Jason Mandinach and Russell Gannaway.
Reconsidering private markets for DC decumulation
Investors are exploring where private markets can add value in the retirement phase of defined contribution pension schemes – and where the industry risks applying accumulation-stage thinking to a fundamentally different problem.
European transformation: Building Germany’s new Mittelstand
Europe’s largest economy is in a strong position to develop the next generation of critical technologies, writes Michael Lewis, head of ESG research at DWS, supported by government initiatives.
Why private markets are key to defence reset
As governments accelerate spending and security priorities shift, private capital is moving deeper into the defence ecosystem. For institutional investors, the change is testing assumptions about risk, responsibility and their role in delivering security and resilience.
The case for investing in sustainable timberland
Jeff Zweig, partner, vice chair & head of natural capital at Fiera Comox, discusses the attributes of investing in timberland assets. Could you outline Fiera…