British International Investment plans $9.45 billion raise from pension and sovereign funds
Updated
Updated · Bloomberg · May 6
British International Investment plans $9.45 billion raise from pension and sovereign funds
3 articles · Updated · Bloomberg · May 6
Summary
Chief executive Leslie Maasdorp said BII aims to mobilise £7 billion from insurers, pension funds and sovereign wealth funds over five years for projects worldwide.
The UK development finance institution expects to invest £15 billion in total during that period, with BII itself contributing £8 billion and outside investors providing the rest.
The plan would channel pooled domestic savings alongside public capital into global co-investments, expanding BII's financing capacity across multiple projects.