Fund Backed by Defined-Benefit Pension Schemes, Targets Mid-Market Lending
TPT Investment Management has launched a £650 million private credit fund, primarily backed by UK defined-benefit pension schemes. The fund aims to provide mid-market direct lending solutions to companies in the UK, focusing on sectors with stable cash flows and lower credit risks. This initiative reflects TPT's growing role in the private credit space, expanding their alternative investment offerings. With the backing of major pension schemes, TPT is positioning itself to capitalize on the demand for flexible financing in an uncertain economic environment. The fund's launch highlights the firm's strategy of leveraging institutional capital to drive long-term, sustainable returns.