Aviva Investors has launched its third fund under the Long Term Asset Fund (LTAF) regime with the creation of the Aviva Investors Multi-Sector Private Debt LTAF (MSPD LTAF).
The new fund has received an initial £750 million ($950 million) of investment capital from Aviva’s flagship My Future Focus default pensions solution, which invests in a broad range of asset classes on behalf of the firm’s range of auto-enrollment defined contribution (DC) default strategies.
Also open for allocations from external investors, Aviva Investors expects MSPD LTAF to be particularly appealing to DC pension funds looking to diversify returns from traditional asset classes such as public equity and fixed income, as well as wider private markets allocations and single private debt strategies.
