South Yorkshire Pensions Authority

About South Yorkshire Pensions Authority

South Yorkshire Pensions Authority's investment portfolio is valued at GBP 10.28 billion as of September 30, 2023, with investments in private equity, real estate, infrastructure, publicly traded equities, fixed-income securities, distressed debt, direct lending, cash, and other alternative asset classes. Its return for the quarter was 0.3%, compared to the benchmark return of 0.4%. As of September 30, 2023, the private equity portfolio was valued at GBP 1.74 billion, representing 17% of the total portfolio. The private equity allocation consists of GBP 605.8 million invested in private debt strategies. This is an increase compared to June 30, 2023, when the private equity portfolio was valued at GBP 1.7 billion. The private equity portfolio is currently overweight compared to the target allocation of 10.5% but is within the target allocation range of 10.5% to 18.5%. As of September 30, 2023, the fund's private equity return for the quarter was 3.4%, compared to the benchmark return of 2.4%. Investments in private equity include buyouts, diversified private equity, private debt, private equity growth expansion, co-investments, fund of funds, secondaries, mezzanine, and venture capital strategies diversified in geographical locations across the globe. The plan is open to any first-time fund investments. As of September 30, 2023, the infrastructure portfolio was valued at GBP 860.3 million. The fund's investments are governed by the executive management team, with Ms. Sharon Smith serving as Assistant Director of Investment Strategy. Bidwells serves as the LP Consultant.