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Schroders attracts £68m in LGPS commitments for new UK Innovation LTAF

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Schroders Capital, the private markets business of Schroders, has gained significant traction from Local Government Pension Schemes (LGPS) with its new Long-Term Asset Fund (LTAF).

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The UK Innovation LTAF, originally launched to enable Defined Contribution (DC) pension schemes and other institutional investors to participate in the growth of UK early-stage companies, has secured £68m in LGPS investments

Mandy Kaur-Sadler, the recently appointed independent person to the West Midlands Pension Fund and Worcestershire Pension Fund, shares her expectations for the new statutory oversight role.

(Mandy Kaur-Sadler, the independent person to the West Midlands Pension Fund and Worcestershire Pension Fund)