Key facts
- UK pension schemes are urged to accelerate private capital investment.
- Signatories to the Mansion House Compact allocated 0.6% of default fund assets to unlisted equities as of February 2025.
- 73% of venture capital and growth equity firms believe the government needs to do more to facilitate private capital investment.
Britain's largest pension scheme is urging the government to accelerate its push into private assets, as reports highlight continued barriers to private market allocations for pension funds. UK Private Capital has argued that schemes need to move from preparation to investment to achieve the goals of the Mansion House agenda. While progress has been made in building the infrastructure for private market access, this has yet to translate into significant capital deployment. International pension funds invested significantly more into UK private capital funds than UK pension funds during 2025.