TPT rolls out £800m investment funds for UK pension schemes

TPT Investment Management has launched two new alternative investment funds for UK pension schemes, with access to both public and private asset classes. The new Real Assets Fund, totalling £500m, has more than a third of its assets based in the UK, while Secure Income Fund has over £300m in assets invested in private credit and secured financing. The move forms a part of a series of seven planned investment funds being launched throughout 2024. The first two funds of the series were rolled out in conjunction with Carne Global Fund Managers UK and have been seeded with capital from TPT’s DB master trust. TPT IM will be responsible for the management of the assets. Peter Smith, head of investment at TPT Investment Management, said: “Our new funds provide schemes with exposure to alternative investment assets, such as infrastructure and broader private market assets, as well as TPT IM’s responsible investment capabilities. “The funds will allow schemes to benefit from asset pooling and provide access to a range of investments that would not necessarily be available as a stand-alone scheme.”