ACT Institutional Roundtable

As UK pension schemes face increasing pressure to expand allocations to private and illiquid markets following the Mansion House reforms, the industry is entering a period where governance, oversight and organisational culture become significantly more important — not less.

Private market investing introduces longer time horizons, greater opacity, valuation complexity, liquidity constraints and increased reliance on manager judgement. As a result, traditional approaches to manager oversight and due diligence may no longer be sufficient on their own.

This roundtable will bring together a small group of senior industry participants to explore how asset owners, fiduciaries, governance bodies and investment firms are adapting their approaches to culture, governance and accountability within this changing investment landscape — particularly as private market exposure becomes more embedded within DC and LGPS portfolios.

Discussion areas could include:

*the growing importance of organisational culture as a risk and governance consideration
*whether current manager oversight models are sufficient for illiquid and less transparent assets
*evidencing stewardship and governance standards within manager selection and monitoring
*how trustees, IGWs and investment committees are balancing fiduciary duty, political pressure and long-term investment objectives

(This is an invite only event)