Brunel Pension launches new private debt portfolio

The Bristol-based public pension recently announced its 2020-22 private debt portfolio plans.

Institution: Brunel Pension Partnership

Headquarters: Bristol, United Kingdom

AUM: £30 billion

Brunel Pension Partnership has confirmed the launch of a private debt portfolio, according to a press release. The public pension has allocated a total of £945 million for primarily corporate direct lending opportunities in Europe and North America.

Brunel will make between six and eight commitments from the pooled fund and has so far made one commitment to Intermediate Capital Group’s European-focused debt fund ICG Senior Debt Partners IV. The commitment size has not been disclosed.

Aksia, research and advisory firm based in New York, will help to realise the pensions’ goals of accessing the growing European and North American loan market and making responsible investments.

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