ACCESS LGPS Pool Hires MJ Hudson as Advisor for Pooling Illiquid Assets
Posted on 01/13/2022
The ACCESS Pool appointed MJ Hudson, a specialist service provider to the asset management industry, as implementation advisor for the pooling of illiquid assets, including private equity, infrastructure, private debt and real estate. As implementation advisor, MJ Hudson will provide support to the Pool in selecting individual investment opportunities and investment managers to build portfolios in a range of illiquid assets. The ACCESS Joint Committee will use MJ Hudson’s analyses and recommendations to inform their future actions and to meet the requirements and ambitions of local Authorities within the Pool. The first illiquid vehicles are expected to be launched in 2022/2023. ACCESS is a collaboration of 11 LGPS Authorities which enables investments on behalf of more than one million members and 3,250 public sector employers. These consist of almost £35 billion of pooled pension assets as of December 31, 2021.