TPT Investment Management has launched a new £800m liquid alternative fund for pension schemes.
This is the fourth fund in a range launched by TPTIM, offering smaller pension schemes access to a range of private markets and alternative assets. The fund has been seeded with capital from TPT’s DB master trust.
This fund will invest in a broad spectrum of liquid alternative investment opportunities across credit and equity markets.
TPTIM has said it plans to launch seven different funds offering easy access to wide rate of private market investment strategies.
Access to the new funds is available through TPT’s new fiduciary management service that builds on the successful model of scheme consolidation for the benefit of defined benefit pension schemes. This service enables schemes to benefit from increased diversification, better value through economies of scale, high quality governance and ongoing investment expertise.
The collective investment vehicles will enable pension schemes joining TPT to immediately achieve scale benefits across asset classes by aggregating with the assets in the master trust.
TPTIM portfolio manager for the Liquid Alternative Fund Andrei Paraschiv says: “The Liquid Alternatives Fund is a further component in TPTIM’s highly diversified investment strategy.
“The fund differentiates itself from TPTIM’s three previously launched offerings by allocating to a range of investment strategies with a low correlation to listed markets, within a liquid structure. It is a great example of TPTIM’s ability to offer smaller, stand-alone schemes access to complex investment strategies through a simplified solution.”