To deliver the strategy, Aviva has partnered with leading private markets managers including Neuberger, StepStone Group, KKR, Invesco, and Apollo Global Management. The move aligns with UK government initiatives such as the Mansion House Compact and Accord, which aim to boost investment in domestic private assets.

“We believe it will support increased investment in the UK, alongside better access to opportunities in global private markets,” said Mark Versey, Chief Executive Officer of Aviva Investors. He added that the firm may bring additional alternative managers on board in the future.