The Mansion House Accord promised £25 billion of UK pension money into private markets by 2030.
The LGPS pooling reform was meant to point another £400 billion the same way. Both passed their first milestones this spring. Neither has delivered a cheque yet.
A cover essay on the gap between the headline and the money - and what founders should be doing during the eighteen months it takes to close.
#LGPS
#UK