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For employers: For investment documents relating to the SIP consultation visit our investment documents page.

Private Market investments

Get to know more about the Private Markets where we invest your contributions

What are Private Market investments?

These are investments which aren’t traded publicly. They include things like property, private debt and infrastructure.

Since February 2020, both the Retirement Income Builder and the Investment Builder are invested in these assets. We were one of the first pension schemes to provide members with access to Private Market assets with no increase in cost to members or employers.

We have a total value of £23.1bn invested in Private Markets. Take a look below to see the different types of assets this market includes and how much we have invested in them.

The assets

Where are we investing?

Where we invest