North East Scotland Pension Fund

About North East Scotland Pension Fund

North East Scotland Pension Fund's investment portfolio is valued at GBP 6.15 billion as of March 31, 2024, with investments in publicly traded equities, real estate, hedge funds, infrastructure, real assets, natural resources, fixed-income securities, cash, and private equity. As of March 31, 2024, the private equity portfolio was valued at GBP 630.07 million, representing 10.2% of the total portfolio. The private equity allocation consists of GBP 129.78 million invested in private debt. This is a decrease compared to March 31, 2023, when the private equity portfolio was valued at GBP 635.63 million. Investments in private equity include buyouts, diversified private equity, private equity growth expansion, private debt, fund of funds, secondaries, and venture capital fund strategies. The fund is open to any first-fund investments. The fund prefers to make partnership investments of GBP 30 million to 50 million. As of March 31, 2024, the infrastructure portfolio was valued at GBP 550.14 million. The fund's investments are governed by the pension board, with Mr. Stephen Smith serving as Chairman of the Pension Board. Isio Total Reward And Benefits serves as the LP Consultant.