Border to Coast Pensions Partnership (BCPP) has started its selection of investments for private equity, following the establishment of a legal structure enabling the £43bn partnership to invest in private markets on behalf of its partner pension funds.
Backers close a $18.6m round started in 2015 with an initial $10.6m capital injection
GP invests via its Nordic Capital Fund IX, which held a final close on €4.3bn in May 2018
Abalos Therapeutics is a biotechnology company focused on developing immuno-oncology therapeutics
Existing management team will lead the company's future growth and development