The £2 billion (€2.5 billion; $3.3 billion) United Utilities Pension Scheme has agreed an allocation of 7.5 percent to private debt.
The pension fund of the UK’s largest listed water company is to allocate £150 million (€189.1 million; $248.2 million) to a pooled debt fund which invests in real estate, infrastructure and corporate debt, as first reported by Investments & Pensions Europe.
