The LGPS holds £400 billion in assets, making it one of the largest pension schemes in the world. That is roughly the same size as the entire UK technology sector by enterprise value. If even 1 percent of LGPS assets moved into early-stage UK ventures over the next five years - a far smaller target than current policy implies - it would represent roughly £800 million annually in new venture allocation. That is the entire 2024 Series A market for UK software. #LGPS #technology #Mansion