From Dealroom · · 40s
Nest's £2B Private Equity Commitment
Nest's private equity mandate reaches £2 billion as UK pension scheme expands into private markets.
In brief
Nest's private equity mandate reaches £2 billion as UK pension scheme expands into private markets. Nest has committed over £2 billion to HarbourVest Partners' private equity mandate, representing 5% of its £68.4 billion assets as of June 30, 2026. Originally reported by Dealroom.
Nest's Private Equity Commitment
Nest has committed more than £2 billion to HarbourVest Partners' private equity mandate, up from £750 million in 2022.
UK Holdings and Strategy
The mandate invests in 60+ private companies across 17 countries, including UK firms like 9fin and Citation.
Scale and Context
Nest holds £3 billion in private equity, 5% of its £68.4 billion assets as of June 30, 2026, with £566 million in UK companies.
The main idea
Nest has committed over £2 billion to HarbourVest Partners' private equity mandate, representing 5% of its £68.4 billion assets as of June 30, 2026.
