Border to Coast Pensions Partnership has announced £1.5 billion ($1.8 billion) of new commitments — £307 million ($364 million) of those to infrastructure — completing £5.7 billion ($6.8 billion) of commitments in its initial three-year private markets program.
Of the commitment package, Border to Coast disclosed a $204 million investment in Axium Infrastructure North America IV, an open-ended fund investing in core transportation, energy and social infrastructure assets in Canada and the United States; and a €175 million ($176.5 million) commitment to Arcus European Infrastructure Fund, a vehicle primarily targeting investments in European telecoms, transport and energy sectors with a focus on emerging subsectors.
Launched in 2019, the three-year program focused on infrastructure, private equity and private credit. Border to Coast said the program has invested into a total of 61 funds and made three co-investments, securing a diverse range of new investment o
