Brunel Pension Partnership appoints Colmore

Birmingham, UK (November 13th, 2018) – Brunel Pension Partnership (Brunel) has partnered with Colmore to provide the Private Markets team with Middle and Back Office Administration Services.

Following the launch of the OJEU procurement tender in July 2018, Brunel has selected Colmore to help deliver a high-quality, resilient and compliant, operational backbone to support Brunel’s new Private Markets Portfolios, with the capability to handle pre-existing Client investments.

“Colmore provided us with the most economically advantageous and comprehensive tender and have truly demonstrated their ability and willingness to collaborate with us fully on this venture,” says Richard Fanshawe, Head of Private Markets at Brunel. “Amongst their industry-leading products, Colmore will provide quarterly fee transparency and validation reports on every fund our Clients hold, helping meet their cost transparency obligations, shining a light on the traditionally opaque pricing of Private Markets.”

“The best part of our job is supporting clients who are committed to innovation and transparency. Brunel leads the way with their vision for private market investing, and it is a privilege to support their entire private market portfolio,” says Ben Cook, CEO of Colmore. “Together, we will implement the gold standard for reporting, technology and operations. Colmore has a fantastic opportunity to partner with a client like Brunel, whose commitment to transparency, quality and break the mould thinking matches our own. Our reporting, technology and people will play a small part in bringing that to life and we couldn’t be more thrilled.”

About Colmore

Colmore delivers cutting-edge technology and services to private market investors, allowing for real-time portfolio monitoring, fee validation and accounting. Colmore’s industry-defining solutions are made for the fintech era, designed to give investors more control, clarity and confidence. Headquartered in Birmingham, UK, the team has many years of in-house private market experience. www.colmore.com

About Brunel Pension Partnership

Brunel Pension Partnership (Brunel) brings together £30 billion investments of 10 likeminded Local Government Pension Scheme funds. We believe in making long-term sustainable investments supported by robust and transparent process. We are here to protect the interests of our clients and their members. In collaboration with all our stakeholders we are forging better futures by investing for a world worth living in.

Brunel is one of eight national LGPS pools and will manage the investment of the pension assets for the funds of Avon, Buckinghamshire, Cornwall, Devon, Dorset, Environment Agency, Gloucestershire, Oxfordshire, Somerset and Wiltshire.

Find out more at www.brunelpensionpartnership.org

 

For further information, please contact:

Ben Cook, Chief Executive Officer

Email: communication@colmore.com

www.colmore.com

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