Border to Coast Pensions Partnership, a major UK public sector pension pool, has chosen Albourne Partners to support its private market investment program. This program is projected to exceed £5 billion in the next three to five years.
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Border to Coast recently launched its private markets offering, encompassing Infrastructure, Private Equity, and Private Credit. In its first year, the program secured approximately £1.8 billion in alternative asset commitments and anticipates securing over £1 billion in upcoming renewals.
Albourne Partners: Providing Comprehensive Support
Albourne Partners will provide a range of services to support Border to Coast’s private market activities. These services include:
- Investment and Operational Due Diligence: Thorough vetting of potential investments.
- Strategy and Market Research: Analysis of market trends and development of investment strategies.
- Portfolio Construction Support: Guidance on building a diversified and effective portfolio.
- Investment Book of Record Reconciliation: Ensuring accurate record-keeping.
The contract also allows for additional services, such as portfolio analytics, compliance monitoring, and co-investment due diligence support. The initial contract term is four years.
A Partnership Built on Shared Values
Daniel Booth, Chief Investment Officer at Border to Coast, emphasized Albourne Partners’ expertise in alternative assets, strong investment and operational capabilities, and commitment to transparency and investor alignment as key factors in the selection process. He praised Albourne Partners as an ideal partner for prudently investing assets on behalf of their Partner Funds.
James Lewis, Partner in the Client Group at Albourne, expressed pride in the appointment and echoed the sentiment of shared company values. He also acknowledged the thoroughness of Border to Coast’s public procurement process.
Conclusion: A Strategic Partnership for Future Growth
The collaboration between Border to Coast and Albourne Partners represents a significant step in the growth of the pension pool’s private market investment program. Albourne Partners’ comprehensive suite of services and shared commitment to transparency and alignment position them to provide valuable support to Border to Coast in achieving its investment goals.
