Key Takeaways
- • IP Group has been appointed by Aberdeen Investments to manage a UK venture-growth portfolio within the CG Scottish Widows Growth LTAF, according to Sharecast.com, which reported the mandate on Monday.
- • The mandate is part of a workplace-pension vehicle designed to channel members' savings into high-growth British science and technology companies, expanding private-markets access for workplace savers.
- • Initial investments are expected to include Oxford Quantum Circuits, Quantum Motion, Nyobolt and Genomics Limited, spanning quantum hardware, fast-charging batteries and AI-driven preventative healthcare.
- • IP Group frames the model as a way to address a shortage of meaningful follow-on funding for UK firms ready to commercialise and scale, and says it could be expanded over time.
- • As of 0900 GMT, IP Group shares were up 1.51% at 74.10p.
Summary
Venture capital firm IP Group said on Monday that it has been appointed by Aberdeen Investments to manage a UK venture-growth portfolio within the CG Scottish Widows Growth LTAF, a long-term asset fund that is one of the first workplace-pension vehicles to direct members' savings into high-growth British science and technology companies, according to Sharecast.com.
Scottish Widows, Aberdeen Investments and IP Group said the mandate will launch with new investments in areas they describe as strategically important to the UK, including quantum computing, advanced battery technology and AI-enabled healthcare. The LTAF is designed to connect long-term pension capital with innovative UK businesses and to widen access to private-markets exposure for workplace savers.
IP Group argued that the model could be scaled over time to increase the flow of institutional capital into high-growth companies. It described the lack of meaningful follow-on funding for firms ready to commercialise and expand as a critical constraint on the UK innovation economy.
Initial investments were expected to include Oxford Quantum Circuits, Quantum Motion, Nyobolt and Genomics Limited, covering quantum hardware, ultra-fast-charging batteries and AI-driven preventative healthcare. IP Group said the portfolio would help category-defining UK companies move from scientific leadership to commercial scale. Scottish Widows and Aberdeen Investments said the partnership aims to support stronger retirement outcomes while backing sectors central to the UK's long-term competitiveness.
As of 0900 GMT, IP Group shares were up 1.51% at 74.10p.
Scottish Widows, Aberdeen Investments and IP Group said the mandate will launch with new investments in areas they describe as strategically important to the UK, including quantum computing, advanced battery technology and AI-enabled healthcare. The LTAF is designed to connect long-term pension capital with innovative UK businesses and to widen access to private-markets exposure for workplace savers.
IP Group argued that the model could be scaled over time to increase the flow of institutional capital into high-growth companies. It described the lack of meaningful follow-on funding for firms ready to commercialise and expand as a critical constraint on the UK innovation economy.
Initial investments were expected to include Oxford Quantum Circuits, Quantum Motion, Nyobolt and Genomics Limited, covering quantum hardware, ultra-fast-charging batteries and AI-driven preventative healthcare. IP Group said the portfolio would help category-defining UK companies move from scientific leadership to commercial scale. Scottish Widows and Aberdeen Investments said the partnership aims to support stronger retirement outcomes while backing sectors central to the UK's long-term competitiveness.
As of 0900 GMT, IP Group shares were up 1.51% at 74.10p.
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