UK state-backed fund Nest invests £450mn in US private credit
Workplace pension scheme targets 30% allocation to private markets by 2030 despite growing strains on asset class
Workplace pension scheme targets 30% allocation to private markets by 2030 despite growing strains on asset class

Public and private-sector funds concerned over market’s growing concentration in a small number of tech stocks

Stronger guardrails are needed before these funds seep into the $9tn US retirement market

Pullback underscores concerns about looser underwriting standards and rising credit risks

British pension schemes will soon be forced to support my portfolio

Push to widen access comes with high fees, average returns and ‘ample dollops of additional risk’, says Olympus Partners founder

Talks with private capital firms have focused on operational hurdles for retail customers