Border to Coast Pensions Partnership (BCPP), the £46bn asset pool for 12 UK pension plans, has announced it is to make £500m in private equity investments in the next 12 months.
High-net-worth individuals and family offices are hunting for yield, concerned about low interest rates and market volatility
Fund expects to hit its target in the first quarter of 2020 and has already made six investments
Soprome and BTC Capital also back the takeover of the security services company
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