Private Markets & the Future of UK Pensions
EVENT OVERVIEW
This year’s forum brings together asset owners, policymakers, industry leaders and key advisers to explore how pension investment in private markets can drive better member outcomes and potentially national growth.
Against the backdrop of the Mansion House reforms, the Pensions Investment Review, the Pension Schemes Bill and evolving regulatory frameworks, the agenda tackles the practical realities of scaling private market allocations across DC, private DB and LGPS schemes.
It will include a series of presentations highlighting the special opportunities driven by UK research, innovation, and thought leadership across several key sectors.
The conference will be highly interactive, with open, thought-provoking content, encouraging participants to engage and contribute proactively throughout.
EVENT INFO
VENUE
The Private Markets Pensions Investment Forum will be held at Plaisterers’ Hall in London.
Attendance to the event is FREE for pension funds, employers, government representatives.
There is a modest fee for asset managers and consultants. You can contact us if you have any queries.
CPD
This event qualifies for 6 hours and 40 minutes of CPD credit. You can request CPD credit for the event when you register.
AGENDA
09:30 - 09:45
Registration & Refreshments
Networking Activity | Foyer | 09:30 – 09:45
Devil’s Advocates Panel
Our morning Devil’s Advocates will challenge speakers with incisive questions throughout the sessions and present their key reflections and takeaways just before lunch.
09:30 - 09:45
Welcome & Introduction
Opening Remarks | Auditorium

Event Chair:
Mark Thompson
Chair of Trustees, M&G Pension Scheme

Programme Director:
Stephen Glover
Founder & Director
SG Pensions Enterprise
09:45 - 10:15
The Opportunities for Private Markets Investing in the UK
Keynote Presentation | Auditorium
This session examines the UK’s evolving private markets landscape — highlighting comparative advantages, structural barriers, and the policy conditions needed to unlock long-term international investment and position the UK as a global hub for private capital.
Andy Cheseldine
Professional Trustee
Capital Cranfield Trustees
Andy joined Capital Cranfield in 2017. Before joining, Andy acted as an adviser to trustees and employers at Watson Wyatt, Hewitt Bacon & Woodrow and latterly as a partner at LCP.
In 2017, he was appointed Chair of Trustees to Smart Pension’s Master Trust, followed by the Lewis Workplace Pension Trust, followed by BOC RSP, the Yorkshire & Clydesdale Bank DC Scheme and Mizuho International DB Scheme. He also acts as Co-Trustee for HSBC’s Master Trust, and the PMI DB Scheme.
Andy was elected to the PLSA’s DC Council between 2013 and 2018, and now chairs the Pension Quality Mark Standards Committee and the Small Pots Coordination Group, as well as sitting on the DC Asset Security Working Group and PASA’s DC Governance Group.
The Opportunites for Private Markets Investing in the UK
Keynote Presentation
Session Description
Our speaker, one of the world’s foremost private markets investors, will explore the UK’s evolving investment landscape through the lens of international capital flows, macroeconomic competitiveness, and the structural reforms reshaping pension fund behaviour.
Drawing on decades of experience deploying capital across private equity, infrastructure, credit, and real assets, they will assess the UK’s comparative advantages, the barriers of scale, and the policy conditions needed to attract and deploy long-term investment.
This session will set the stage for the day’s discussions by offering a candid view of the UK’s potential to become a global hub for private capital, and what it will take to get there.
Speakers in this Session

Speaker TBC
10:15 - 10:55
Aligning Policy Ambition with Pension Fund Reality
Panel Discussion | Auditorium
This panel explores the growing tension between political ambition and fiduciary duty as UK policymakers push for greater domestic private market investment, examining whether pension schemes can align government expectations with member outcomes while still achieving impact and competitive performance.
Aligning Policy Ambition with Pension Fund Reality
Panel Discussion
Session Description
As the UK Government sharpens its focus on unlocking pension capital to fuel national growth, schemes are facing growing pressure to increase allocations to private markets in the UK.
With the Mansion House Accord setting voluntary targets and the Pensions Investment Review introducing reserve powers for potential mandates, the policy direction is clear.
Our speakers will explore the tension between political ambition and fiduciary responsibility, examining whether trustees can reconcile government expectations with their duty to act in members’ best interests. Through candid dialogue between a leading policymaker, an asset owner, a consultant and a manager, speakers will explore if policy goals and pension outcomes can align, and where private markets can deliver both impact and competitive performance.
Speakers in this Session

Speakers TBC
Louise Davey
Head of Policy & External Affairs
Independent Governance Group
Lou is a Trustee Director, and Head of Policy and External Affairs at IGG, having joined last year.
With nearly 30 years in the pensions industry, including 17 years at The Pensions Regulator (TPR), latterly as Director of Regulatory Policy, Analysis and Advice. Louise is passionate about high standards of trusteeship delivering positive retirement outcomes for pension scheme members, and has led the development of key policy initiatives such as the DC Value for Money framework, the DB Funding Code, and the General Code.
At IGG, she continues to advocate for high standards and policies that deliver good outcomes for members.
Matthew Webb
Veteran DC Specialist
Independent
Matthew Webb is a highly experienced pensions and employee benefits professional with over 35 years of expertise spanning global and international markets.
He has held senior leadership roles at LSEG, Refinitiv, Thomson Reuters, UBS, Merrill Lynch, Burmah Castrol, and British Airways, managing complex benefits programs, DB and DC retirement plans for tens of thousands of employees across multiple countries.
Matthew is a Fellow of the Pensions Management Institute and holds a Diploma in International Employee Benefits, reflecting his deep technical knoqwledge and commitment to professional excellence.
Throughout his career, Matthew has designed and implemented innovative pension and benefit strategies that align with corporate culture, support employee engagement, and drive measurable business outcomes.
About NatWest Cushon
NatWest Cushon helps employers enhance the financial wellbeing of their workforce through workplace pensions, savings and financial education. By providing employees with a simple, convenient way to manage their money, employers help them build better savings habits and a feel good future.
NatWest Cushon’s app-first approach, climate-focused investment strategy and jargon-free financial education come together to improve pension engagement, driving increased value for members in the long-term. It’s easy for employers too, as a solution that fully integrates with payroll and benefit platforms.
NatWest Cushon offers a Master Trust pension scheme alongside a range of savings products (ISA, Lifetime ISA, Junior ISA and General Investment Accounts).
For more details, please visit Cushon’s website here.
Contact
10:55 - 11:15
UK Special Opportunity 1 - Social Housing
Presentation | Auditorium
This session outlines why social housing offers pension schemes stable, inflation-linked, long-duration returns with measurable social impact, highlighting the most effective strategies for accessing resilient investment opportunities in a sector backed by urgent need and supportive government policy.
UK Special Opportunity 1 - Social Housing
Presentation
Session Description
Social Housing offers pension investors a rare combination of stable, inflation-linked returns and measurable social impact.
The need is urgent: over 1.3 million households remain on waiting lists in England, with 123,000 families in temporary accommodation, including 160,000 children, costing the government nearly £2 billion annually. Yet only 9,866 new homes for social rent were delivered in 2023–24 against an annual requirement of 90,000. Government policy is supportive, with a £39 billion commitment over 10 years and a rent settlement capped at CPI + 1%, ensuring predictable, inflation linked income streams. For pension schemes seeking long-duration, liability-matching assets, social housing provides secure cash flows, ESG alignment, and the chance to address one of the UK’s most pressing challenges while targeting attractive risk-adjusted returns.
Our speaker will make the case for the most viable investment opportunities in social housing for pension funds, highlighting strategies that combine financial resilience with meaningful social impact.
Speakers in this Session

Speakers TBC
Adrian Furnham
Professor of Psychology
University College London
Adrian Furnham was educated at the London School of Economics where he obtained a distinction in an MSc Econ., and at Oxford University where he completed a doctorate (D.Phil) in 1981. He has subsequently earned a D.Sc(1991) and D.Litt (1995) degree.
Previously a lecturer in Psychology at Pembroke College, Oxford, he was Professor of Psychology at University College London from 1992 to 2018. He has lectured widely abroad and held scholarships and visiting professorships at, amongst others, the University of New South Wales, the University of the West Indies, the University of Hong Kong and the University of KwaZulu-Natal. He has also been a Visiting Professor of Management at Henley Management College. He has also been made Adjunct Professor of Management at the Norwegian Business School(2009) and Honorary Professor at the University of KwaZulu-Natal (2014). He is currently the Principal Psychologist at Stamford Associates.
He consults to many organisations in various different sectors (particularly airlines, banks, civil service) and in many different countries (particularly continental Europe and Asia). He is also an experienced conference speaker doing around a dozen key-note speeches a year all around the world
He has written over 1500 scientific papers and 99 books. He is on the editorial board of a number of international journals, as well as the past elected President of the International Society for the Study of Individual Differences. He is also a founder director of Applied Behavioural Research Associates (ABRA), a psychological consultancy established over 30 years ago.
11:15 - 11:40
Networking Break
Networking Activity | Foyer
11:40 - 12:20
LGPS - The Transition & Private Markets
Panel Discussion | Auditorium

Moderator:
Chris Hitchen
Chair, Nuclear Liabilities Fund
This panel examines how LGPS pooling is reshaping private markets investing—transforming governance, fees, risk management and access to sophisticated strategies—while unlocking new opportunities for direct and local investment.
LGPS - The Transition & Private Markets
Panel Discussion
Session Description
As Local Government Pension Scheme (LGPS) funds continue their transition into larger pooled structures, the dynamics of private markets investing are evolving rapidly.
Consolidation is creating scale advantages that open access to more sophisticated private market strategies. This session will explore how pooling is reshaping governance, fee structures, and risk management, while unlocking opportunities for direct investments and co-investments. Our panel will discuss these key trends, from regulatory consideratioons and increased local investment to the growing role of private markets.
Speakers in this Session
Ruari Grant
Head of Policy & External Affairs
TPT
Ruari will be joining TPT as Head of Policy and External Affairs in October 2025, and will look after external engagement on policy issues across DB, DC and CDC.
Prior to TPT, he is Head of DC & Master Trust at Pensions UK leading the policy team’s work on topics including decumulation, value for money, scale/consolidation and DC investment.
Before that, he spent seven years working in policy and public affairs at Standard Life and Aberdeen.
Ped Phrompechrut
Chief Investment Officer
Future Growth Capital
Ped joined from Schroders as Chief Investment Officer of Future Growth Capital and is responsible for investment strategy and portfolio performance.
Previously, Ped led the development of the multi-private asset solutions investment process at Schroders Capital. He was lead manager for the pioneering Schroders Climate+ Long-Term Asset Fund, and other successful multi-private markets funds and mandates.
Before joining Schroders, Ped was a consultant with Willis Towers Watson. He has worked with leading asset owners and asset managers around the world, bringing a unique combination of advisory perspective, strategic investment insight, and portfolio management expertise to multi-private markets investing.
Ped has an MBA from the London Business School and a Bachelor of Business Administration from Ohio University. He is a CFA charter holder and holds the ESG Investing Certificate from the CFA Institute.
Mitesh Sheth
Former CEO - Redington
Former CIO - Newton IM
Mitesh is an actuary, investment executive and board-level leader with experience of building successful teams, scaling businesses and developing innovative solutions. Recognised with an MBE for his leadership in industry-wide diversity and inclusion efforts, he brings a unique blend of compassionate leadership, creative problem-solving, commercial acumen, and strategic thinking.
He has recently founded OrgAlpha, a boutique consultancy, helping forward-thinking CEOs, founders and Boards to align the potential within their people and technology, to solve problems that really matter.
Professionally, Mitesh has held a number of leadership positions, including CEO of Redington, Chief Investment Officer for Multi-Asset at Newton Investment Management and Head of Fixed Income at Henderson Global Investors.
Personally, he has many interests including acting and he will performing in his eldest daughter’s five-star rated play ‘the Expulsion of Exulansis’ at the Edinburgh Fringe Festival this summer, to raise awareness for teenage mental health.
Robert Waugh
Chair
L&G Master Trust
Robert is the Independent Chair of Legal & General’s Master Trust, and sits on their Investment Committee.
Prior to this role, Robert was CEO and co-Chief Investment Officer of the Natwest Pension Scheme. Robert was instrumental in the turnaround of the funding position post the global financial crisis, closing the deficit. He oversaw the outsourcing of the administration and the digitalisation of the member journeys, taking the retirement journey from many weeks to 20 minutes.
Robert has extensive Defined Contribution pension experience having chaired the RBS Retirement Saving Plan. He has been a non executive on the investment committee for the Department of International Development, a board member of the Cost Transparency Initiative, and is currently an investment committee member of the Carnegie Trust of Scotland.
Earlier in his career, Robert was Head of UK Equities at Scottish Widows Investment Partnership for seven years, having spent the previous 15 years as an equity fund manager at UBS Phillips and Drew.
Robert is passionate about members’ experiences and member outcomes, and a keen believer in the role of universal ownership in improving society for future generations.
12:20 - 12:40
UK Special Opportunities 2 - Life Sciences
Presentation | Auditorium
This session explores the UK’s high-growth life sciences sector as a major opportunity for long-term investors, outlining the practical investment routes— from specialist funds to private equity, venture capital and listed equities—available to pension schemes seeking exposure to this innovation-driven industry.
UK Special Opportunity 2 - Life Sciences
Presentation
Session Description
The UK Life Sciences sector offers a unique opportunity for long-term institutional investors seeking exposure to a high-growth, innovation-driven industry. Valued at over £100 billon annually and employing more than 300,000 people, the UK is Europe’s leading life sciences hub. With strengths in biotechnology, genomics, advanced therapies, and health data, the sector benefits from world-class research institutions, strong NHS partnerships, and significant government backing.
Our speaker will outline the practicalities of investing in UK life sciences for pension funds, covering the most effective vehicles such as specialistlife science funds, private equity and venture capital partnerships, and listed equities.
Speakers in this Session

Speaker TBC
12:40 - 12:50
Devil’s Advocates Summary
The Devil’s Advocates will give their summary of the main debating points, conclusions and action points from the morning sessions.
12:50 - 13:40
Lunch
Devil’s Advocates Panel
Throughout the afternoon, our panel of Devil’s Advocates will challenge speakers with thought-provoking questions and close the day by sharing their key insights and takeaways from the discussions.
Sophia Singleton
Partner & Head of DC
XPS Pensions Group
Sophia joined XPS Pensions Group in June 2020 to lead their DC business, helping clients deliver top class DC services to their members. Prior to that, she led Aon’s DC Consulting business.
Sophia has over 24 years’ experience in the UK pensions industry and advises corporates and trustees on a range of DC pension solutions, developing and delivering DC strategies that optimise scheme design, ensuring effective governance and improving member outcomes.
She is a well-known industry and media commentator on DC market developments and feels passionately that we must tackle short-term financial resilience as well as deliver better long-term post-retirement products, if we’re going to help today’s workforce to retire with the security and lifestyle they want; she is regularly quoted in the press and presents on DC issues at industry events.
13:40 - 14:20
Private Markets in DC – Balancing Ambition, Duty & Impact
Panel Discussion | Auditorium
This panel examines how UK DC schemes can integrate private markets into their investment strategies in the wake of the Mansion House Accord, balancing fiduciary duty with innovation as speakers explore meaningful allocation levels, long-term value, sustainability goals, and the practical frameworks needed for successful adoption.
Private Markets in DC – Balancing Ambition, Duty & Impact
Panel Discussion
Session Description
This panel will explore the evolving role of private markets within UK DC schemes, spanning single-employer trusts, master trusts, and contract-based arrangements, against the backdrop of the Mansion House Accord.
While the Accord signals a major policy shift, fiduciary duty remains paramount, requiring trustees and providers to balance innovation with member best interests.
Our speakers will examine how allocations to private markets can deliver long-term value while advancing sustainability goals. The discussion will address what a ‘meaningful’ allocation to alternatives looks like, as well as the opportunities, challenges, and frameworks needed to make private markets a cornerstone of DC investment strategy.
Speakers in this Session

Speakers TBC
Kavi Myladoor
Commercial & Propositions Director
Just Group
Kavi Myladoor is Just Group’s Retail Retirement Income Director, overseeing its Individually Underwritten Annuity and Secure Lifetime Income propositions.
She joined Just Group in April 2023 from Royal London, where she successfully established a later life strategy and ran its D2C and intermediated later life propositions.
With a background in risk management, proposition strategy and change delivery, Kavi’s focus is to create and change strategy on Just’s growth ambitions, whilst ensuring that its customers get value from money on existing propositions. She is passionate about her purpose, which is to identify innovative ways to make later life propositions and financial advice more accessible to consumers in the UK.
Paul Tinslay
Trustee Director
Dalriada Trustees
Paul Tinslay is an Accredited Professional Trustee for DB and DC Pension Schemes, including Chair for Sole Trustee positions, and EGLAS arrangements. With 38 years in the Life and Pensions Industry, Paul has the very rare, if not unique experience of having been a personal financial adviser, as a market leader in the at/post retirement market, a corporate pensions adviser for DB and DC pension schemes.
Prior to joining Dalriada in 2020, Paul worked at one of the largest Employee Benefit Consultancies, responsible for delivering advice and services to Employers and Trustees, in respect of Occupational Pensions (Defined Benefit, trust & contract based Defined Contribution), where he was also Head of the Pensions Governance Proposition.
Paul has been a Director of specialist pensions businesses, establishing market leading propositions. Paul worked with the Government Actuary’s Department to develop Income Drawdown in the Pensions Act 1995 and the Department for Work and Pensions in transposing the IORP II legislation to what we now know as ESoG and ORA.
In his spare time Paul does everything that Mrs Tinslay wants done, Mountain biking, gym and the odd game of golf.
About Just Group
For more details, please visit Just Group’s website here.
Contact
14:20 - 14:40
VC vs PE – That is the Question
Presentation | Auditorium
This session explores the distinct roles of private equity and venture capital in pension portfolios, outlining how PE delivers reliable, mid-teen returns while VC offers higher-risk, high-growth potential — and why a blend of both may best balance security and innovation.
VC vs PE – That is the Question
Presentation
Session Description
Many UK pension schemes have long invested in private equity, typically through large buyout funds and co-investment vehicles, with UK-managed funds consistently achieving mid-teen IRRs according to the BVCA. Venture capital, by contrast, is accessed through specialist VC funds and early-stage partnerships; it is smaller and riskier, with failure rates exceeding 50%, yet it offers the chance to capture outsized returns by backing disruptive technologies and transformative industries.
Our speaker will outline the key differences between the two and whether pension schemes arguably need both: PE for reliability, VC for innovation, and a combination to balance security with growth.
Speakers in this Session

Speaker TBC
Massi Delle Donne
Head of Institutional Client Solutions, EMEA
BlackRock
Massi Delle Donne is a Managing Director in the Europe & Africa Institutional Client Business at BlackRock, focusing on developing retirement propositions and solutions.
Massi has over 25 years’ experience across financial services with responsibilities spanning Europe, Asia & Africa. His experience includes 13 years in capital markets, developing derivative based solutions for institutional clients, such as guaranteed funds, risk hedging strategies and structured products.
Massi began his career as an actuarial specialist in South Africa, focused on pension funds and product development and has founded two UK based fintechs.
14:40 - 15:20
Fees, Valuations & Structures – The Complications of Private markets
Panel Discussion | Auditorium
This panel explores why valuation practices, fee structures and fund design are central to private markets investing, examining how trustees can navigate complexity and data to ensure transparent, fair and sustainable outcomes for members.
Fees, Valuations & Structures – The Complications of Private Markets
Panel Discussion
Session Description
Private Markets can offer compelling opportunities for pension investors, but they also bring a host of complexities that demand scrutiny.
Valuation methodologies and fee arrangements raise many questions: are they transparent, consistent, and robust enough to support sound decision-making? And with vast amounts of data to navigate, how can investors identify the key factors that truly matter?
This panel will examine why fees, valuation practices and fund structures are so critical to private markets investing, and how trustees and investment professionals can weigh their importance to achieve fair, sustainable outcomes.
Speakers in this Session

Speakers TBC
Kavi Myladoor
Commercial & Propositions Director
Just Group
Kavi Myladoor is Just Group’s Retail Retirement Income Director, overseeing its Individually Underwritten Annuity and Secure Lifetime Income propositions.
She joined Just Group in April 2023 from Royal London, where she successfully established a later life strategy and ran its D2C and intermediated later life propositions.
With a background in risk management, proposition strategy and change delivery, Kavi’s focus is to create and change strategy on Just’s growth ambitions, whilst ensuring that its customers get value from money on existing propositions. She is passionate about her purpose, which is to identify innovative ways to make later life propositions and financial advice more accessible to consumers in the UK.
Paul Tinslay
Trustee Director
Dalriada Trustees
Paul Tinslay is an Accredited Professional Trustee for DB and DC Pension Schemes, including Chair for Sole Trustee positions, and EGLAS arrangements. With 38 years in the Life and Pensions Industry, Paul has the very rare, if not unique experience of having been a personal financial adviser, as a market leader in the at/post retirement market, a corporate pensions adviser for DB and DC pension schemes.
Prior to joining Dalriada in 2020, Paul worked at one of the largest Employee Benefit Consultancies, responsible for delivering advice and services to Employers and Trustees, in respect of Occupational Pensions (Defined Benefit, trust & contract based Defined Contribution), where he was also Head of the Pensions Governance Proposition.
Paul has been a Director of specialist pensions businesses, establishing market leading propositions. Paul worked with the Government Actuary’s Department to develop Income Drawdown in the Pensions Act 1995 and the Department for Work and Pensions in transposing the IORP II legislation to what we now know as ESoG and ORA.
In his spare time Paul does everything that Mrs Tinslay wants done, Mountain biking, gym and the odd game of golf.
About Just Group
For more details, please visit Just Group’s website here.
Contact
15:20 - 15:45
Networking Break
Networking Activity | Foyer
15:45 - 16:05
UK Special Opportunity 3 – Private Credit
Presentation | Auditorium
This session explores the rapid growth of private credit and its rising role in UK pension portfolios, assessing how schemes can access diverse lending opportunities to capture strong risk-adjusted returns while balancing liquidity needs and long-term resilience.
UK Special Opportunity 3 – Private Credit
Presentation
Session Description
Private Credit has emerged as one of the fastest-growing segments in global private markets, now exceeding $1.5 trillion in AUM and projected to reach $2.6 trillion by 2029. In the UK, tighter bank regulations and persistent refinancing needs have created a robust pipeline for direct lending, opportunistic credit, and specialty finance strategies.
For pension schemes, private credit can offer attractive risk-adjusted returns. Beyond income generation, private credit enhances diversification and resilience, making it a compelling complement to traditional fixed income.
Our speaker will outline how pension investors can access these opportunities efficiently, balancing liquidity needs with long-term growth potential.
Speakers in this Session

Speaker TBC
16:05 - 16:45
The Critical Decision Factors in Private Markets Investing
Roundtable Discussions | Auditorium
This interactive session brings asset owners together to debate the key decision factors shaping private market allocations—from fiduciary duty and hurdle rates to valuation, liquidity, scale and vehicle choice—culminating in table-wide conclusions on the viability of private markets across LGPS, DB and DC schemes.
The Critical Decision Factors in Private Markets Investing
Roundtable discussions
Session Description
Following a scene-setting introduction, a Moderator at each table will lead a discussion on the key decision factors facing asset owners in allocating to private markets, especially in light of the Government’s initiatives in this area. These will embrace fiduciary duty, due diligence costs, required hurdle rates, valuation methodologies, liquidity and scale considerations and appropriate investment vehicles, while taking account of the different priorities and constraints for LGPS, Corporate DB and DC schemes.
Several of the Moderators will be called upon to summarise their conclusions to the overall conference on the viability of Private Markets investing.
Speakers in this Session

Speakers TBC
Rachel Brougham
Trustee Executive
BESTrustees
Rachel Brougham has worked in the pensions industry for more than 30 years. She joined BESTrustees in 2014 and currently works with a number of clients, covering both defined benefit and defined contribution schemes.
Since joining BESTrustees, Rachel’s appointments have included two master trust boards and two Independent Governance Committees of major UK pension providers, and the chairmanship of a number of defined benefit schemes. Her experience includes the development of the trustee boards, their structures and processes, including committees and appropriate reporting, and the development of robust risk management frameworks.
Rachel is used to working with and managing a number of advisers on any one scheme, expecting a collaborative and respectful working relationship between them. She is also used to working with in-house teams, ensuring that the trustee board receives the support it needs in carrying out its duties. Working with the schemes’ advisers, she has implemented TPR’s integrated risk management (IRM) approach to funding, investment and covenant work in her DB schemes to good effect, and is used to working with an overseas parent.
Rachel spent most of her career at Mercer providing actuarial, benefit, governance and DC consulting advice to clients. She remains an Associate Member of the Institute and Faculty of Actuaries.
Mark Hedges
Trustee Director
Nationwide Pension Fund
Mark is a Trustee and former Chief Investment Officer of the Nationwide Pension Fund, where he had responsibility for the performance and implementation of the asset allocation strategies agreed with the fund investment advisors.
Previously, he led the establishment of Nationwide’s Covered Bond programme and its Silverstone RMBS Master Trust funding vehicle. In addition, Mark has securitised UK Student Loans and a synthetic corporate bond structure along with structured transaction and investment in various ABS instruments. Past experience also includes leading the origination and structuring of social housing, PFI and commercial real estate debt transactions.
16:45 - 17:05
UK Special Opportunity 4 – Infrastructure & the Energy Transition
Presentation | AUDITORIUM
This session explores the UK’s vast infrastructure and energy-transition opportunity, outlining the most compelling strategies for pension schemes to access stable, inflation-linked returns while supporting the nation’s net-zero goals.
UK Special Opportunity 4 – Infrastructure & the Energy Transition
Presentation
Session Description
Infrastructure and the energy transition stand at the heart of the UK’s growth agenda and represent one of the most significant private market opportunities for pension investors. With the government’s legally binding net-zero target for 2050 and a projected £725 billion in infrastructure investment over the next decade, the scale is unprecedented. These assets offer stable, inflation-linked returns, long-term power purchase agreements, and strong ESG credentials.
Our speaker will outline the most compelling strategies for investing in UK infrastructure and clean energy, demonstrating how these assets can deliver both financial performance and measurable impact.
Speakers in this Session

Speaker TBC
Sir Sherard Cowper-Coles
Former British Ambassador
UK Foreign Office
Sherard worked at HSBC as a full-time employee from 2013 to 2023, initially as Senior Adviser to the Group Chairman and Group Chief Executive, and for eight years heading the Group’s Global Government and Public Affairs functions. On his retirement, on 31 December 2023, he was engaged as Senior Adviser to the Group.
Earlier, he spent over 30 years in the British Diplomatic Service, which he joined straight from reading Classics at Oxford. He finished his career as Ambassador to Israel, Saudi Arabia and then Afghanistan.
Sherard is Chair of the China-Britain Business Council; Honorary Vice President of the UK Financial Inclusion Commission; and a Committee Member of The Hong Kong Association. He is an Ambassador for the Winston Churchill Memorial Trust. He is a member of the fundraising committee for Maggie’s charity, and a Trustee of Arundells, the Sir Edward Heath Charitable Foundation. He is President of The Kilvert Society.
Sherard is the author of two books: Cables from Kabul and Ever the Diplomat.
17:05 - 17:35
From Innovation to Impact – Unlocking the UK's Economic Future
Closing Presentation | Auditorium
This session makes the case for transforming the UK’s world-leading innovation in fintech, life sciences, AI, quantum and more into long-term national prosperity, arguing that political reform, public–private partnership and better links between invention and investment are essential to avoid past mistakes and unlock sustained economic growth.
From Innovation to Impact – Unlocking the UK's Economic Future
Closing Presentation
Session Description
The United Kingdom stands at a crossroads where its world-class thought leadership in Fintech, Life Sciences, Artificial Intelligence, Quantum Technologies and others must finally be translated into sustained prosperity for all. Our speaker will advocate how this requires more than rhetoric. It will demand political courage, economic foresight, structural reform, and organisational agility. It means forging a genuine partnership between public and private sectors, where government sets the enabling framework and industry drives innovation at scale. The supply of opportunities will come from our universities, our start-ups, our laboratories, and our entrepreneurs, but only if we build the bridges that connect invention to investment. Our speaker will show how we can avoid the errors of the past – fragmentation, undercapitalisation, and short-termism – to ensure that Britain’s ingenuity is not just admired, but monetised, multiplied, and made to serve the enduring prosperity of society.
Speakers in this Session

Speaker TBC
Sir Sherard Cowper-Coles
Former British Ambassador
UK Foreign Office
Sherard worked at HSBC as a full-time employee from 2013 to 2023, initially as Senior Adviser to the Group Chairman and Group Chief Executive, and for eight years heading the Group’s Global Government and Public Affairs functions. On his retirement, on 31 December 2023, he was engaged as Senior Adviser to the Group.
Earlier, he spent over 30 years in the British Diplomatic Service, which he joined straight from reading Classics at Oxford. He finished his career as Ambassador to Israel, Saudi Arabia and then Afghanistan.
Sherard is Chair of the China-Britain Business Council; Honorary Vice President of the UK Financial Inclusion Commission; and a Committee Member of The Hong Kong Association. He is an Ambassador for the Winston Churchill Memorial Trust. He is a member of the fundraising committee for Maggie’s charity, and a Trustee of Arundells, the Sir Edward Heath Charitable Foundation. He is President of The Kilvert Society.
Sherard is the author of two books: Cables from Kabul and Ever the Diplomat.
17:35 - 17:45
Devil’s Advocates Summary
The Devil’s Advocates will give their summary of the main debating points, conclusions and action points from the afternoon session.
17:45 - 17:55
Chair's Summary
Closing Remarks | AUDITORIUM
The Chair will conclude the day’s proceedings and reflect on the various opinions discussed throughout the day.
17:55 - 19:15
Drinks Reception
Networking Activity | Foyer
Following conclusion of the conference, delegates are invited to stay for drinks and network with fellow members of the industry.
Venue
Plaisterers' Hall
This event will be held at Plaisterers’ Hall in London.
Plan your journey via Transport for London.
Travel & Access
Tube: St Paul's (Central) - 5 mins; Mansion House (Circle / District) - 10 mins
Nat Rail: City Thameslink (Elizabeth / Thameslink) - 5 mins

