Pheonix-backed private markets manager launches UK and global LTAFs - portfolio institutional
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Pheonix-backed private markets manager launches UK and global LTAFs - portfolio institutional
A new private markets investment manager has launched two diversified long-term asset funds (LTAFs) for pension scheme investors. Future Growth Capital, which is backed by Pheonix Group and Schroders and intends to invest between £10bn and £20bn during the next decade, is offering a global fund and another focused on the UK. And the latter has already made its first investment, which is in the tech and life sciences sector. Both strategies, whic…
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