PRIVATE MARKET PROGRAMME REACHES MORE THAN £23BN
Posted on August 11th, 2026
- Latest Partner Fund commitments boost total capital as programme goes from “strength to strength”.
- Pool leverages its scale to enable cost-effective LGPS access to global private market opportunities.
Border to Coast Pensions Partnership (Border to Coast) marks a significant milestone as its private markets programme hits £23.2bn.
In a year of significant expansion for the pool, it confirms it has successfully enabled access to its innovative programme for 17 of its Partner Funds, including the seven that joined the partnership on 1 April 2026. The funds can now take full advantage of Border to Coast’s scale to access global opportunities across infrastructure, private credit, private equity, and real estate.
With an additional £5.2bn committed to Series ‘3B’, the private markets programme now totals £23.2bn of invested and committed capital.
The latest commitments include approximately £1.1bn committed to infrastructure; £1.5bn to private equity; £1.7bn to private credit; and £830m to global real estate.
Drawing on Border to Coast’s scale and strong partnerships, the programme reduces costs for Partner Funds by an average of 32% versus standard industry fee rates.
“Private markets continue to be an important diversifier for long-term investment strategies. Together, our partnership has shown how our collective scale as a pool can help build stronger ties with industry, unlock access to greater investment opportunities, and significantly cut costs. The programme has gone from strength to strength over the years, and we continue to build on our internal expertise to make sure we deliver additional value for Partner Funds far into the future.”
