Fulcrum set to launch private markets LTAF

Fulcrum Asset Management has received regulatory approval to launch its first commingled Long-Term Asset Fund (LTAF), the WS Fulcrum Diversified Private Markets LTAF.

The fund had been built for a range of professional investors in the UK, including defined benefit and defined contribution (DC) pension schemes.

Earlier this year, Fulcrum launched its first LTAF on behalf of a single-employer DC pension scheme.

Its second fund, the WS Fulcrum Diversified Private Markets LTAF, is expected to launch on 29 November 2024, with Waystone to act as the authorised corporate director for both funds.

Fulcrum’s diversified private markets LTAF will be an open-ended UK OEIC, targeting long-term capital growth through exposure to a diversified mix of private assets, including value-add real estate, value-add infrastructure, natural resources, alternative credit, and private equity (including venture capital).

The WS Fulcrum Diversified Private Markets LTAF is an open architecture solution, with the underlying managers drawn from Fulcrum’s ‘Panel of Illiquid Specialists’, a group that Fulcrum said it had assembled over several years.

These specialists are responsible for sourcing and implementing high-quality illiquid investment opportunities.

Commenting on the announcement, Fulcrum Alternative Solutions head, Matthew Roberts, said: “We are thrilled to be bringing our LTAF to the broader professional investor marketplace.

“We’ve taken time to ensure that we are offering investors a carefully designed entry point to private markets.

“Ever since we started the Fulcrum Alternative Solutions team, our goal has been to solve the challenges that investors have faced when it comes to accessing alternatives and this fund launch represents a significant milestone in that journey.”

This article originally appeared in our sister publication Wealth Investment News.



Share Story:

Recent Stories


Being retirement ready
Gavin Lewis, Head of UK and Ireland Institutional at BlackRock, talks to Francesca Fabrizi about the BlackRock 2024 UK Read on Retirement report, 'Ready or not. How are we feeling about retirement?’

Time for CDI
Laura Blows speaks to AXA Investment Managers (AXA IM) senior portfolio manager for fixed income, Rob Price, about cashflow-driven investing (CDI) in Pensions Age’s latest video interview

The role of CDC
In the latest Pensions Age podcast, Laura Blows speaks to TPT Retirement Solutions Chief Client Strategy Officer, Andy O’Regan, about the role of collective DC (CDC) within the UK pensions space
Keeping on track
In the latest Pensions Age podcast, Sophie Smith talks to Pensions Dashboards Programme (PDP) principal, Chris Curry, about the latest pensions dashboards developments, and the work still needed to stay on track

Advertisement