Border to Coast Pensions Partnership (Border to Coast), one of the UK’s largest pension pools, has launched a GBP1.4 billion Listed Alternatives Fund, expanding the investment opportunities available to its Partner Funds.
The fund provides exposure to a diversified portfolio of investments in sectors such as renewable energy, digital infrastructure, specialist healthcare, real estate, private equity, and alternative credit. These sectors tap into key long-term structural themes. For example, the current portfolio gives investors access to 40GW of wind power and 14GW of solar power to enable the net-zero transition; 160,000 mobile communication towers that look set to benefit from the ongoing digital revolution; and 2,400 healthcare facilities needed to support the ageing global population.
The successful launch of this internally managed fund offers Border to Coast’s Partner Funds cost-effective access to attractive risk-adjusted returns and inflation protection over the long term. The Partner Funds involved as initial investors are East Riding, Durham, North Yorkshire, South Yorkshire, and Surrey.