LGPS Central, a £108bn UK pension pool, expanded its private markets portfolio in the year ending 31 March 2026, reaching £8.1bn in commitments—up £1.9bn from the previous 12 months and a 30% increase year‑over‑year. The growth was driven by continued co‑investment focus, with pooled private markets assets rising roughly a quarter to £24.9bn. The additional £2bn allocation reflects the fund’s strategic push into private markets, positioning it for higher returns while managing risk.
The annual report highlights the importance of diversified, illiquid assets for long‑term pension sustainability and underscores the trend of large public funds increasing exposure to private equity, venture capital, and infrastructure.
Source: PE International · Summarized by HeadlinesBriefing