USS selects Ipreo for pension scheme analytics

Source: Ipreo

Ipreo Private Capital Markets (PCM), the premier provider of portfolio data collection, analysis, valuation, and communications solutions for the private capital industry, announced today that Universities Superannuation Scheme (USS), the largest pension fund in the UK, has selected the iLEVEL platform to help them enhance fund analytics, asset decision-making, and portfolio company monitoring.

USS is the corporate trustee responsible for the management and administration of a pension scheme with £56 billion under management. Located in Liverpool and with offices in London, the trustee has been in operation since 1974.

Damian Holland, Head of Asset Management and Operations for Private Markets, said:
"Consolidating our metrics within a flexible, scalable platform enables us to quickly focus on where value is created across our portfolio. This helps us to effectively monitor and report on operating performance, resulting in better informed investment decisions that ultimately benefit our sponsoring employers and members, and facilitates enhanced reporting to the trustee."

As compliance requirements increase the volume of investment data that private capital participants need to manage, the ability to automate data collection and support advanced analytics has become a critical issue for pension funds such as USS as well as foundations and endowments, family offices, and fund of funds.

"We are proud to welcome USS to our fast-growing list of European clients," said Melissa Ferraz, Managing Director, Ipreo Private Capital Markets. "USS are innovators when it comes to adopting technology, and the opportunity to support one of the UK's largest Limited Partners with the iLEVEL platform is an exciting step forward in our continued expansion into the EMEA region."

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