Pension funds have only five months to get to grips with venture capital before the Treasury makes i...
Pension funds have only five months to get to grips with venture capital before the Treasury makes it a central issue for trustees, according to Edmund Truell, chairman of the British Venture Capital Association (BVCA) relations committee. Speaking at the NAPF autumn conference in London in November, Truell said 7.3% of pension fund assets are allocated to private equity in the US while the figure is between a quarter and a third that amount in the UK. This difference in investment proportions has been a central argument to the Treasury's investigation into furthering the amount of invest...
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