L&G offers private markets to 5.2m pension members

The move is the latest to offer private markets funds, including private credit, to a wider range of mass market investors.

UK pensions provider Legal & General has launched a private markets fund for its defined contribution pension customers.

The L&G Private Markets Access Fund will invest in a variety of private markets strategies including private equity, private debt, real estate and infrastructure. It will be available to the firm’s 5.2