Aviva Launches Latest DC Pension Plan Fund Targeting Private Debt

Aviva's asset management business has launched the Aviva Investors Multi-Sector Private Debt LTAF (MSPD LTAF), the third fund in its long-term asset fund series.

The British insurer, through its flagship “My Future Focus” default pensions solution, committed £750M (~$951.5M) to the fund, which invests in various asset classes on behalf of Aviva Investors' auto-enrolment defined contribution (DC) default strategies.

Aviva Investors said it is also welcoming pledges from external investors to the fund. It expects MSPD LTAF to pique the interest of other DC pension funds seeking diversified returns. Including the latest fund, the asset manager's LTAF series now represent more that £3B (~$3.81B) of assets, with its first two funds in the series targeting real estate and climate transition.

Source: https://www.avivainvestors.com/en-gb/about/company-news/2024/11/aviva-investors-launches-third-ltaf-private-debt-fund/