# Nest's £2B Private Equity Commitment

> Nest's private equity mandate reaches £2 billion as UK pension scheme expands into private markets.
- Title: Nest's £2B Private Equity Commitment · Dealroom | Shortify
- Summary: Nest's private equity mandate reaches £2 billion as UK pension scheme expands into private markets. Nest has committed over £2 billion to HarbourVest…
- Keywords: nest, harbourvest, private equity, pension scheme, £2b, defined-contribution, asset allocation, startups, business, Nest's, Private, Equity
- Source: Dealroom — https://dealroom.co/news/164872-nests-harbourvest-private-equity-mandate-tops-2b
- Published: 2026-10-21T22:59:45+00:00
- Read time: 1 min
- Topics: nest, harbourvest, private equity, pension scheme, uk, £2b, defined-contribution, asset allocation, startups, business
## 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.
## Key takeaway

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.