Specialist service provider wins contract in £35bn government pension scheme

London based specialist service provider to the asset management industry, MJ Hudson, announced it has won a multi-year government contract dealing with £35bn of assets.

The contract is to advise the ACCESS local government pension scheme (“LGPS”) Pool on its illiquid and private markets investments. This is expected to be a multi-million pound contract, over the next seven years.

ACCESS is a collaboration of 11 LGPS Authorities, which enables investments on behalf of more than one million members and 3,250 public sector employers. These consist of almost £35bn of pooled pension assets, as of December 31, 2021.

Matthew Hudson, CEO of MJ Hudson Group, commented: “We are delighted at this strong endorsement of our track record and expertise in private markets.

“As leading institutional investors seek to allocate more capital to private markets, we look forward to helping UK pension plans capture the potentially long-term strong returns available through careful investment in alternative and longer-term investments, and in turn support more than one million pension scheme members, in their retirement.

“High levels of activity in the private capital markets, such as private equity, debt and infrastructure is helping support significant Company progress.

“This is an excellent example of MJ Hudson’s growing brand helping us win highly competitive mandates, and the ability of our services to support some of the largest institutions in their engagements with private capital markets.”