Saturday, 26 July 2014
Last updated 1 day ago
Oct 17 2007 | 10:55am ET
U.K.-based asset manager Morley is launching a private equity fund of funds product aimed at smaller institutions seeking exposure to private equity, but lacking the assets to investing through a traditional segregated account.
The Morley Private Equity Programme will comprise a series of funds structured as limited partnerships investing in unlisted securities via primary funds and co-investments, accroding to the firm. The funds will focus on European buyouts and the first offering is dubbed the 2008 Partnership.
"Our aim is to help a wider range of institutions to access private equity investments through a flexible proposition that is priced competitively and provides the confidence that comes with a strong performance, a proven ability to select and access the best funds and an experienced team," said Philip Pearson, deputy head of alternative investments.
James Tanner, managing director, distribution and alternatives, said: "The pooled structure will open up access to our investment capability for small and medium-sized pension schemes with assets of over £150 million, and will complement Morley's existing segregated investment program.”
Morley is the UK-based asset management business of Aviva and manages both institutional and retail assets, including a range of alternative investment funds.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…