Aviva Investors has added venture and strategic capital capability to its investment offering as part of the firm’s restructuring of its real assets arm.
The new dedicated ‘VC and Strategic Capital’ investment desk will be created through the migration of the Aviva Ventures investment team to sit within Aviva Investors’ Private Markets function, which already manages over £40bn in assets under management, including equity and debt strategies in real estate and infrastructure, as well as private debt and structured finance.
Mark Versey, Chief Executive Officer at Aviva Investors, said: “This is a terrific example of Aviva Investors in growth mode. Private Markets assets today are severely underrepresented in the portfolios of UK DC pension funds relative to global peers. Driven by the UK’s supportive policy environment, which is epitomised by the Mansion House Compact, the scale of the potential investment opportunity is significant. With two LTAFs already in the market we are actively looking at how to give clients suitable access to the full breadth of benefits that Private Markets can offer, including unlisted equities. I am delighted to see our continued ability to innovate and grow.”
Jill Barber, Chief Distribution Officer at Aviva Investors, added: “The creation of a dedicated Venture Capital investment capability will enable our clients to access some of the most exciting and dynamic growth areas in the economy. We believe the potential returns are attractive and the addition of this investment team means we can continue to meet our clients’ increasing demand for exposure to opportunities across Private Markets.”
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