SPF Committee Meeting (26th June 2024)

The agenda, reports and minutes of the latest meeting of the Strathclyde Pension Fund Committee are now available. 

The committee:

• Received the Fund's unaudited 2023/24 Annual Report (PDF, 7 MB) 
• Approved 2 new investments from the SPF Direct Impact Portfolio

• £30m into Palatine Private Equity Fund V which will invest in growth-orientated companies in the UK lower mid-market with a regional focus; and
• £50m into Equitix Fund VII which will create a portfolio of core infrastructure assets, mainly in the UK.

Approved new investment allocations to:

• Emerging market equity (£600m);
• Passive corporate bonds (£750m); and
• Buy and Maintain corporate bonds (£750m)

As at 31^st March 2024:

• Total membership had increased to 286,000
• Total asset value was £30.6 billion