Toby Mitchenall
The firm, which has more than £2bn in cash and undrawn facilities, is tentatively increasing its investment pace.
The London-listed firm has sold part of inspection and testing business Inspicio. It retains two of Inspicio’s other business units.
Margot Wirth, head of private equity for the $133bn pension, sees a shift away from total ‘blind trust arrangements’.
Robeco subsidiary SAM has raised $200m towards a $500m target for third generation fund, while WHEB Ventures has corralled £105m for Fund II.
The global firm will publish details of its environmental, social and governance programme by the end of the year, said European head Johannes Huth at the PEI Responsible Investment Forum on Thursday.
3i will use a ‘very conservative funding model’ from now on, said 3i’s Michael Queen, as the firm gears up to start making new investments.
UK pension funds are increasingly favouring alternatives, with the average asset allocation rising to 9 percent in 2010, according to Mercer.
UK pension funds are increasingly favouring alternatives, with the average asset allocation rising to 9 percent in 2010, according to Mercer.
The direct investment platform of Ontario Teachers' Pension Plan has agreed its second direct control investment in the UK: the £389m acquisition of National Lottery operator Camelot.
The UK’s PPF has sketched out a 20% allocation to alternatives, which will see the £3.9bn fund invest in private equity and infrastructure funds for the first time.